Elevate is an investment platform offering users the opportunity to purchase fractionalized interests in portfolios of commercial real estate properties for as little as $100.  The portfolios are organized in the form of “REITs”, or Real Estate Investment Trusts. Elevate’s REITs provide customers with a low-cost, hassle-free entry point to commercial real estate ownership.  Real estate ownership typically generates current cash flow and long-term capital appreciation coupled with low correlation to stock market volatility. Many investors use real estate, including REITs, as an alternative investment component of a larger, diversified investment portfolio.

A full description can be found in the SEC-qualified Offering Circular for Elevate’s first REIT, Elevate.Money REIT I.

A REIT owns and manages income-generating real estate (e.g., apartments, offices, warehouses, shopping centers) on behalf of its shareholders. A REIT produces current revenue via the receipt of rent from tenants that lease and occupy the REIT’s owned properties. REITs typically pay dividends from the net income generated from rental receipts. Approximately $3 trillion of U.S. real estate is owned by REITs (source: REIT.com). You can learn more about REITs here.

Nearly any U.S. citizen residing in the U.S. can invest so long as the investment amount is not more than 10% of the greater of their annual income or net worth. For example, an Elevate customer making a $100 investment must show that their annual income or net worth is at least $1,000.  There are certain suitability considerations as well. Please see the Offering Circular for a full description of investor requirements.

You are purchasing shares of Elevate.Money REIT I (“REIT I”).  REIT I is a newly organized Maryland corporation formed to acquire and manage a portfolio consisting of small commercial properties – quick service restaurants, car washes, dollar stores, convenience stores and the like – that are subject to relatively long-term leases with established operators. REIT I’s initial price per share is $10.

The goal of REIT I is to deliver to its shareholders a stable, consistent income stream in the form of monthly dividends, coupled with long-term capital appreciation, from a diversified pool of real estate properties. The future is speculative and there are no guarantees of REIT I achieving these goals.

$100

No. You are investing in REIT I which intends to acquire multiple properties that will all be a part of your portfolio.

The fundamental difference between REIT I and NSYE-listed REITs is the daily liquidity available with listed REITs.  Although REIT I intends to allow investors to sell their shares back to REIT I on a monthly basis (subject to certain limitations as described in the Offering Circular), for investors with a short-term investment horizon, a listed REIT may be a better alternative. However, we believe that REIT I shares will have a much lower correlation to overall stock market volatility than listed REITs, and this low correlation and resultant volatility hedge are primary attributes of private real estate investing.

Elevate.Money REIT I is Elevate’s initial platform offering.
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Elevate.Money charges REIT I a monthly REIT Management Fee equal to 1/12 of 0.5% (or about 0.042%) of the value of REIT I’s assets at the end of each month. This REIT Management Fee compensates Elevate to maintain the Elevate.Money platform, to update content and disclosure on the Elevate.Money platform, to administer individual investor dashboards on the platform, and to facilitate the sale of additional REIT I shares via Dividend Reinvestment and Auto Investing.
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Elevate.Money is reimbursed by REIT I for expenses incurred by Elevate on behalf of REIT I, including expenses involved in the organization of REIT I and the offering of REIT I shares. If, at the termination of the offering of REIT I shares, such reimbursed expenses exceed 3% of the total proceeds of REIT I shares sold, then Elevate will reimburse REIT I for such excess.

An affiliate of Elevate.Money has been retained by REIT I to find, purchase and manage REIT I’s properties. The affiliate is paid real estate fees for providing these real estate services. The affiliate can also earn a percentage of the increase in value of REIT I’s shares.

Investors do not pay upfront fees, but Dalmore Group LLC ("Dalmore"), our broker dealer of record, is paid a commission equal to one percent (1%) on the aggregate amount raised by the Client up to the first $5,000,000 of Client’s monthly REIT shares sold, then a fee equal to seventy-five one-hundredths (0.75%) for the next $2,500,000 of Client’s monthly REIT shares sold, then a fee equal to fifty one-hundredths (0.50%) for the next $2,500,000 of Client’s monthly REIT shares sold, then a fee equal to twenty-five one-hundredths (0.25%) for any additional monthly REIT shares sold.

For a full description of these and other fees please see the detailed description of all fees in the Offering Circular.

Your shares will be issued once your money has been received and once your Subscription Agreement has been approved by REIT I’s broker-dealer of record, Dalmore Group LLC, and us. We expect to issue REIT I shares within 5 business days of receiving both your initial investment and Subscription Agreement, assuming it is approved.

Dividend distributions will be paid on or before the 10th day following the end of each month.
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Dividends are currently paid on a monthly basis. During your first month as an investor, your dividend will be pro-rated based upon the number of days that you owned REIT shares.

We expect to continue to pay dividends monthly, from rents received from tenants leasing properties owned by REIT I, less REIT I expenses including mortgage payments.  We can provide no assurances that future cash flow will support the payment of distributions or maintaining distributions at any level. Any distributions we make will be at the discretion of REIT I’s Board of Directors, and will be based on, among other factors, our present, and reasonably projected future cash flow.

Yes.  You may elect to use your dividend distributions to purchase more REIT I shares.  Further information regarding dividend reinvestment can be found in the Offering Circular.

You may make additional share purchases for as long as the offer to purchase shares in REIT I continues. This can be done as often as you wish, through your dashboard and via our recurring Auto-Invest feature.

Like all private real estate investments, the purchase of REIT I shares should be regarded as a longer-term (multi-year) investment. Real estate is an inherently illiquid asset class. That said, it is anticipated that REIT I’s Board of Directors will establish a monthly share repurchase program, whereby existing shareholders can sell their shares back to REIT I. Any share repurchase program established by REIT I’s Board may be subject to withdrawal penalties and volume limits. Please refer to the Offering Circular for a complete discussion regarding REIT I’s share repurchase program.

We will provide you quarterly updates on REIT I’s performance, including annual audited financial statements. Additionally, reports for material events will be generated as such events occur.

You will receive a Form 1099-DIV by January 31 of each year. This form will be uploaded to your personal dashboard on the Elevate website.