Targeting underperforming or well positioned properties in markets with strong population and employment growth at below-market cap rates will allow Elevation to take advantage of the rising interest rate environment to deliver higher cash flow yields to our investors.
Targeted IRR: 15 - 20%
Targeted Cash Flow yields 7-8% annually upon acquisition with upside-down growth
Exploit retail inefficiency as a market specialist through targeted research
Acquire and improve under-managed, under-leased and under-developed properties
ELEVATION TARGET INVESTMENTS
Neighborhood and community shopping centers and Grocery Anchored
• $10 - $50 million in property valuation
Multi-family properties
Focus Office Suites
Stable and defensive investments anchored by quality and necessity-based retail
• Suburban markets and secondary locations with positive fundamentals across the southeast
Value-add opportunities through:
• Leasing up vacancy and replacing underperforming tenants
• Re-tenant or repositioning strategy for performing properties with additional value potential
Under-utilized office buildings with potential for flexible office space
Under-utilized and outdated multi-family with 150-plus units
