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Elevation Capital Group Announces the Return of $2.4 Million to Fund 5 Investors prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Orlando-based real estate investment company, Elevation Capital Group, and its affiliates, ("Elevation") has announced Elevation Fund 8 ("Fund. ....
Altruist founder and CEO Jason Wenk landed $50 million in a Series B round of funding and added Vanguard as an investor. But what exactly is Altruist? ....
DALLAS, TX - Elevation Financial Group, a senior and multifamily affordable housing provider, announces the acquisition by Elevation Real Property Fund VII of Lakeland Hills Senior Living. Ideally situated in the lake and garden district of east Dallas, Texas, the senior property was purchased for $8.45 million. The property represents Elevation s first acquisition in the state of Texas. Initial operation of the 170-unit senior property began in 1987, with an additional phase completed in 1996. The community previously operated as an independent and assisted living facility. Elevation will bring the property back to life and transition it to an affordable 55+ senior apartment community. The repositioning will allow Elevation to meet the needs of Dallas seniors by providing quality but elegant housing at an affordable price point. The property will be rebranded as Serenity at Dallas. ....
ORLANDO, FL - Elevation Financial Group, a senior and multifamily affordable housing provider, announces the successful disposition of Elevation Real Property Fund VI asset, Serenity Apartments at Columbus. The 211-unit multifamily community sold for $13 million. Located in Columbus, Georgia, the property was purchased in July 2018 for $7.6 million and was 72% occupied. Elevation recognized the immense potential in the unique mix of garden-style and larger than average townhome units as well as the prime location. Being situated within eight miles of Fort Benning Army base, three miles from Columbus State University and within minutes to many large employers, its location presented an ideal opportunity to deliver affordable and quality workforce housing to Columbus residents. After making many value-add enhancements, including the revitalization of over 50 apartment units, Elevation was able to significantly increase occupancy which remained high throughout its own ....