MARKET & LOCATION SUITABILITY
We identify and evaluate stable markets and desirable neighborhoods throughout the United States with consistently strong historic as well as projected long-term multifamily performance.
ACQUISITION & COMPLIANCE
After a comprehensive multi-month property evaluation process, we acquire assets with the potential to provide steady yield and equity growth in their first year and beyond while ensuring everything remains compliant.
OPERATIONS & CONSTRUCTION
As operations specialists, we consistently improve the asset by driving occupancy, increasing gross income, decreasing expenses, and maintaining or improving property grade. Having the construction company in-house allows us to control the costs and speed of all value-add rehab projects.
LIQUIDITY & DISTRIBUTION
As a yield-focused investment firm, our goal is to increase Net Operating Income (NOI) and distributable cash flow every year. Through NOI growth, we have the ability to increase the value of your investment year over year.
Elevate Commercial Investment Group is a real estate investment firm focused on the acquisition of value-add multifamily assets that can be repositioned on behalf of and for our investors. It is our mission to elevate the quality of life for the residence of the communities that we serve while bringing quality investment opportunities that deliver exceptional returns and grow the wealth of our investor partners. This is accomplished by extensive market research, conservative underwriting, servicing, asset management and reporting for each property. By leveraging our team’s development and construction expertise, ElevateCIG offers a more thorough and efficient process for investing in value-add multifamily real estate.
JORGE ABREU/ CO FOUNDER AND CEO
Jorge Abreu is the co-founder and CEO of Elevate. He manages the properties before and after we close, communicates with the property managers, and makes sure everything is on track with the business plan. Jorge was born and raised in Miami, Florida, has a Bachelor’s degree in Engineering, After college, he left corporate America and to begin a real estate career. He teamed up with Eric Bodiwala and using his engineering background as a complement to Eric’s marketing background built what is Elevate today. Jorge uses his engineering knowledge to manage all of the construction projects. With more than 12 years of real estate and construction experience, Jorge is second to none when it comes to evaluating & renovating properties. Jorge currently has $125M of assets under management totaling 1720 units.
ERIC BODIWALA/ CO FOUNDER AND COO
Eric is the co-founder and COO of Elevate Commercial Investment Group. He is a seasoned business entrepreneur and professional investor who has been in the real estate acquisitions and construction business for over a decade. To date, Eric has been responsible for acquiring, rehabbing, wholesaling, and selling in excess of $500 million worth of real estate in a variety of locations which include both residential and commercial properties. He has extensive experience in raising capital, managing private equity funds, and creating investment portfolios to achieve the greatest possible ROI for investors. Eric currently has $125M of assets under management totaling 1720 units.
JOHN OKOCHA/ VP OF ACQUISITIONS
John is an integral part of the Elevate team and the growth of over 1700 Multifamily Real Estate units in 2019. John is a master at assessing and analyzing property and market fundamentals for new property acquisitions as well as creating, maintaining, and updating financial models of existing and potential new investments. John is an amazing listener and therefore builds strong relationships with brokers, property owners, and passive investors. He works relentlessly to make sure Elevate can acquire properties at a good price so that we can deliver higher than average returns to our investors.
KERI BEDNARZ/ INVESTOR RELATIONS
Keri and her husband Chris are highly motivated, successful business entrepreneurs with over 14 years of investment experience in single-family, multi-family, commercial property, and raw land development. They are co-developers and co-owners of 135,000 sq ft of retail shopping centers, GP on over 1535 value-add multifamily units in two states and are currently developing over 15 acres of raw land. Keri partnered with Elevate in late 2019 to manage communication between Elevate and its investors. She also helps support our education platform by curating content, handling inquiries and facilitating meetings. Keri is passionate about sharing this opportunity with both active and passive investors.