Rise Midtown - Elevest Capital

Formerly Known As

Avenel on 16th

Units

200

Acquisition Date

17-Dec-2021

Purchase Price

$51M

Invested Capital

$16.53M

Loan

3+1+1 Non-Recourse Debt Fund

Deal Structure

506(B) Syndication

Unit Mix

36 ST | 112 1B | 52 2B

Projected Hold

2–5 Years