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Posted on March 8, 2021
Elevation Announces Sale of Georgia 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 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 […]
Posted on December 4, 2020
Elevation Purchases Cape Cod Senior Property
Elevation Financial Group, a senior and multifamily affordable housing provider, announces the acquisition by Elevation Real Property Fund VII of Wingate Residences at Brewster Place. Ideally situated on the Cape Cod Bay in Brewster, Massachusetts, the senior property was purchased for $4 million. Initial construction of the 121,000 square foot property began in 1973, with […]