News & Press Releases
Posted on November 2, 2015
Elevation Financial Group Increases Presence In Alabama With Multifamily Acquisition
Elevation Financial Group, LLC is pleased to announce the acquisition by its private equity subsidiary, Elevation Real Property Fund V, LLC, of French Quarter Apartments for a purchase price of $2.8 million. Ocwen Loan Servicing, LLC was the asset manager for the REO seller in this transaction. The two-story 152-unit multifamily property is located in […]
Posted on October 8, 2015
Elevation Expands Into Alabama With The Acquisition Of Two Multifamily Properties
WINTER PARK, FLORIDA (October 8, 2015) – Elevation Financial Group, LLC announces the acquisition of two multifamily properties, located in Montgomery, Alabama, for a purchase price of $6.8 million. The portfolio purchase includes Olympia Heights Townhome Apartments, a 202-unit apartment community consisting of 1, 2 and 3-bedroom two-story townhome-style residences and Cyprus Court Apartments, a […]
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Posted on October 2, 2015
Elevation Advances Global Entrepreneurship in the Summer of 2015
The Summer of 2015 saw Elevation executives traveling to Nairobi, Kenya; Port-au-Prince, Haiti and Paris, France to promote, advance and partner global entrepreneurs called to building multiple bottom line businesses - businesses that don't just strive to be highly profitable but also strive to elevate their countries. Kenya and Rwanda In June, Chris and Kristen King […]
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Posted on September 17, 2015
Occupancy rates soar as Serenity Apartments at Hickory Hill transforms into a vibrant community
As the first resident of Serenity Apartments at Hickory Hill, George Blair has witnessed immense change and rapid growth over the past year. He has observed as Hickory Hill has gone from an empty and dated building to a bustling and active community. “Watching the property grow has been really enriching,” said Mr. Blair. Fortunately his days […]
Posted on May 19, 2015
Elevation Financial Group Announces New Fund V Acquisition
Elevation Financial Group Announces New Fund V Acquisition Now re-branded as Serenity Apartments at Spartanburg, this 152-unit multi-family property was purchased for $4,050,000, or $26,645 per unit. Elevation projects that its capital rehab budget will approximate $5,000 per unit and will include new roofs, new windows, and kitchen and bath upgrades. This acquisition continues the […]
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Posted on April 16, 2015
Inaugural Elevation Scholar Accepted to Nation's Top Universities
Oak Ridge Senior Class President Revel Lubin is the inaugural recipient of The Elevation Scholarship, a 4-year scholarship providing tuition assistance and college admissions assistance for rising high school seniors attending Orange County’s Title 1 Schools. After Revel completed the first year of the Scholarship program, we are thrilled to report that he experienced great […]