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Elevation Financial Boosts Southeast Multifamily Holdings with Montgomery, AL Acquisition

Fontainbleau Management Sells Olympia Heights, Cyprus Court for $6.8 Million
By Brittany Kovacevich
October 15, 2015 | 3:01 P.M.

MONTGOMERY –  Winter Park, FL-based real estate private equity company Elevation Financial Group (EFG), through its subsidiary, Elevation Real Property Fund V, expanded into Alabama with the purchase of two multifamily communities in Montgomery from Fountainbleau Management for $6.8 million, or about $18,000 per unit.

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