Elevate Commercial Investment Group Expands Presence with Camden Crossing Acquisition

On February 12, 2025, Elevate Commercial Investment Group made headlines with its latest acquisition of Camden Crossings, an impressive 144-unit multifamily community strategically located just 15 minutes south of Fort Worth in Burleson, Texas. This new addition not only strengthens Elevate’s multifamily portfolio but also enhances the company’s reputation for identifying high-quality, cash-flowing real estate opportunities that offer strong returns for investors.

Constructed in 2023, Camden Crossings is a Class A garden-style apartment community designed with modern living in mind. The property showcases a range of high-end amenities, including a resort-style swimming pool, a pickleball court, and a dog park, catering to diverse resident lifestyles. The apartments feature stylish finishes such as granite countertops, stainless steel appliances, and private balconies that appeal to contemporary sensibilities.

Burleson, where Camden Crossings is situated, is experiencing rapid growth and presents a thriving submarket. With its strong demographics, highly rated educational institutions, and proximity to major employment hubs within the Dallas-Fort Worth metropolitan area, the location stands out as an attractive residential option.

Elevate acquired Camden Crossings at a highly competitive price point of $160,000 per unit, directly from the original developer. This strategic purchasing move positions Elevate favorably within the market while offering an innovative financing structure. In relation to this acquisition, Jorge Abreu, Co-Founder and CEO of Elevate Commercial Investment Group, remarked, "Our acquisition of Camden Crossings underscores our disciplined approach to identifying high-quality assets with strong upside potential. With a stabilized cap rate of 7.6% and expected investor returns exceeding 17% IRR, we believe this asset will generate long-term value for our investors while enhancing the residential experience in Burleson."

The business plan over the next five years for Camden Crossings focuses on improving operational efficiencies using Elevate’s vertically integrated management platform. The team plans to implement streamlined expenses, promote rent growth, and maximize Net Operating Income (NOI) to ensure the sustained appreciation of this asset's value. Elevate’s in-house construction and property management teams will play a crucial role in executing these strategies.

With a robust portfolio exceeding $650 million in assets under management, Elevate Commercial Investment Group is on a growth trajectory, strategically extending its footprint in pivotal markets, including Dallas and its surrounding areas. This latest acquisition is not merely an investment; it's a commitment to providing quality living spaces in burgeoning communities. For individuals or organizations interested in learning more about investment opportunities with Elevate Commercial Investment Group, further information is readily available on their investment portal. As the market landscape evolves, Elevate’s forward-thinking approach and disciplined strategies position it well for ongoing success in the multifamily real estate space.

Topics General Business)

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