News & Press Releases
Posted on February 4, 2026
Elevation Announces Purchase of Florida Senior Property
Elevation Financial Group, a senior and multifamily housing provider, announces the acquisition by Elevation Real Property Fund VIII of Presidential Place in Hollywood, FL. The property previously operated as an assisted living and memory care facility with medical staff, dining, transportation, and housekeeping services. Elevation will reimagine the building into 104 active adult apartments. The […]
Posted on March 27, 2025
Elevation Announces Purchase of Texas Senior Property
Elevation Financial Group, a senior and multifamily housing provider, announces the acquisition by Elevation Real Property Fund VIII of Reunion Court of Kingwood in Houston, Texas. The asset was acquired for $7.25 million. The property previously operated as an independent living facility with dining, transportation, and housekeeping services as well as a smaller assisted living […]
Posted on January 17, 2025
Elevation Announces Purchase of Virginia Senior Property
Elevation Financial Group, a senior and multifamily housing provider, announces the acquisition by Elevation Real Property Fund VIII of Sommerset Retirement Community in Sterling, Virginia. The asset was acquired for $13.65 million. The property previously operated as an independent living facility with dining, transportation, and housekeeping services. Elevation will reimagine the 102-unit property, originally opened […]
Posted on November 22, 2024
Elevation Announces Purchase of Texas Senior Property
Elevation Financial Group, a senior and multifamily housing provider, announces the acquisition by Elevation Real Property Fund VIII of Elison Park Senior Living in Houston, Texas. The asset was acquired for $18.5 million. The property previously operated as an independent living community. Elevation will reimagine the 356-unit property, originally built in 1995, to be a […]
Posted on September 4, 2024
Elevation Announces Purchase of Georgia Senior Property
Elevation Financial Group, a senior and multifamily housing provider, announces the acquisition by Elevation Real Property Fund VIII of Terrabella Sugarloaf in Suwanee, Georgia. The asset was acquired for $8.35 million. The property previously operated as an independent living, assisted living, and memory care facility. Elevation will reimagine the 133-unit property, originally built in 2007 […]
Posted on October 6, 2022
Elevation Announces Purchase of Indiana Senior Property
Elevation Financial Group, a senior and multifamily affordable housing provider, announces the acquisition by Elevation Real Property Fund VIII of Discovery Commons College Park.