Real Estate - N/A, , US
Elmington Capital Group, is a privately owned commercial real estate investment and development firm headquartered in Nashville, Tennessee. We focus on commercial real estate opportunities that provide income return and capital appreciation through a diverse array of strategic initiatives. We primarily acquire retail, office, industrial and multi-family properties in which we identify the opportunity to add value through development, re-positioning, more effective operations or creative capitalization.The Elmington Team oversees three distinct areas of business:ELMINGTON CAPITALConventional Acquisition of Income Producing AssetsOur approach is hands-on, targeting investments which we believe are undervalued and that have the following characteristics:Value-add potential through lease-up of vacant space, increase in below market rents, infusion of capital, and improved property management and leasingStrong in-place yield that generates attractive cash-on-cash returns to our investorsELMINGTON AFFORDABLE HOUSINGLow Income Housing DevelopmentOur expertise with the Federal Low Income Housing Tax Credit (LIHTC) allows us to actively seek allocations of low income housing tax credits for use in the constructing or rehabilitation of multi-family apartment communities. ELMINGTON PROPERTY MANAGEMENTProperty and Asset Management ServicesElmington's hands-on approach to asset, property and facilities management allows us to achieve maximum revenues, reduced operating costs, and, ultimately, maximize exit strategies through:Prudent capital improvements aimed at enhancing asset valueWe strive to exceed anticipated returns for our firm and our investors. We do so by extensively underwriting each project, identifying risk, structuring a sound capital stack and executing on a detailed business plan. Our success is built on a strong team foundation that works with strong partners.