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Posted on May 12, 2021
Elevation Announces Purchase of Texas Senior Property
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. […]
Posted on April 30, 2021
Elevation Announces Sale of Alabama Multifamily Property
Elevation Financial Group, a senior and multifamily affordable housing provider, announces the successful disposition of Elevation Real Property Fund VI asset, Serenity Apartments at Huntsville. The 231-unit multifamily community sold for $13.25 million. Located in Huntsville, Alabama, the property was purchased in 2017 for $5.38 million. Elevation recognized the immense potential in the mix of […]