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Posted on June 3, 2020
Elevation Announces Acquisition of Senior Memphis Community
Elevation Financial Group announces the acquisition by Elevation Real Property Fund VII of Kennington Pointe, a 155-unit senior property located in Memphis, Tennessee. The $2.2 million purchase represents the seventh acquisition by the fund in the past ten months and is the latest example of Elevation’s mission to create and support quality affordable housing in […]
Posted on March 27, 2020
Elevation Announces Sale of Alabama Multifamily Property for $5.28 Million
Elevation Financial Group, a provider of multifamily and senior affordable housing, is pleased to announce the sale of Elevation Real Property Fund V asset, Serenity Apartments at the Park. The 176-unit multifamily property located in Montgomery, Alabama, sold for $5.28 million. With this sale, Fund V experienced a healthy profit reflective of Elevation’s initial acquisition […]