Posted on February 6, 2019
Elevation has kicked off the new year with a bang. Company founder and visionary Chris King has returned in a full-time capacity as CEO after fiercely competing as Florida’s Democratic Nominee for Lieutenant Governor in 2018. He returns to Elevation with exciting new vision, relationships and expertise to dramatically grow the profitability and missional impact of the company.
Michael King, a co-founder of Elevation, has been appointed President of Elevation Financial Group, LLC. This appointment is the result of his outstanding company leadership over the past two years. Since company inception in 2006, Michael has been responsible for all 24 community revitalizations that make up the entirety of Elevation’s six private equity funds. Michael will continue to oversee the operations and renovations of the company’s asset portfolio as well as marketing and human resources.
Stuart Heaton has been named Executive Vice President after providing consistently strong executive leadership to the Elevation companies since 2012. Stuart brings a deep and diverse corporate and legal background and has been instrumental in the success of all real estate and lending transactions for the past seven years. Stuart will continue to bring his solid business and finance acumen to deliver strong results for the firm.
Jim McDougall has been promoted from Director of Acquisitions and Dispositions to Vice President of Investments. He will serve as Elevation’s first Vice President of Investments and its sixth executive officer. His promotion is a reflection of his steady and creative leadership in the construction and management of Elevation Real Property Funds V and VI.
Dominique Rodriguez has been promoted to Director of Human Resources after serving admirably as Elevation’s Manager of Human Resources since 2016. Dominique will continue to develop and execute human capital strategies that support the growth and success of the company.
With a dynamic new vision and strategy in place, the Elevation team will continue to further grow the company and make an even greater impact in affordable housing and philanthropy over the next decade. Since the company’s inception thirteen years ago, Elevation has revitalized and preserved more than 4,500 affordable homes for independent seniors and families throughout the Southeastern United States. In addition, through the Elevation Foundation, The Elevation Scholars Program engages and mentors high-performing students from high-need families in Central Florida’s most distressed communities and helps them secure scholarships to the nation’s most selective colleges and universities.
Elevation Financial Group, LLC, a real estate private equity company, leads an award-winning group of companies with a focus and mission to acquire, revitalize and operate affordable apartment communities for independent seniors and families. As a private equity company, Elevation raises capital through private placements to accredited investors and maintains a commitment to low or no loads on capital raised. Through a consortium of companies specializing in real estate investment, property management and property renovation, Elevation aspires to deliver superior financial returns to its shareholders while making a positive and distinctive impact on the communities served.