Elevate is an investment platform offering users the opportunity to purchase fractionalized interests in portfolios of 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 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.

Offering Circular for our income-focused fund, Elevate.Money REIT I
Offering Circular for our growth-focused fund, Future of Housing Fund

A REIT owns and manages income-generating real estate (e.g., apartments, offices, warehouses, shopping centers) on behalf of its shareholders. The generation of income may be immediate (from an existing, leased property) or realized over time (from the development of a property that, once completed, will be leased to tenants). REITs typically pay dividends from the 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 can purchase shares of one or both of Elevate Money’s REITs, our STNL+ commercial properties REIT (“Elevate.Money REIT I”) or our residential properties REIT (“Future of Housing Fund” (FOHF)). REIT I acquires and manages 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. FOHF intends to develop, and hold for rental income, modular housing communities featuring Boxabl’s Casita housing units.

Each REIT’s goal 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 achieving these goals.

$100 for Elevate.Money REIT I, and $1,000 for the Future of Housing Fund

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

The fundamental difference between our REIT and NYSE-listed REITs is the daily liquidity available with listed REITs.  Although our REITs allow investors to sell their shares back to the REITs on a monthly basis (subject to certain limitations as described in each REIT’s Offering Circular), for investors with a short-term investment horizon, a listed REIT may be a better alternative. However, we believe that our REIT 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, Inc. charges each REIT a monthly REIT Management Fee equal to 1/12 of 0.5% (or about 0.042%) of the value of each REIT’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 shares via Dividend Reinvestment and Auto Investing.
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Elevate Money, Inc. is reimbursed by each REIT for expenses incurred by Elevate on behalf of each REIT, including expenses involved in the organization and the offering of REIT shares. If, at the termination of the offering of REIT shares, such reimbursed expenses exceed 3% of the total proceeds of REIT shares sold, then Elevate will reimburse the REIT for such excess.

An affiliate of Elevate Money, Inc. has been retained by each REIT to find, purchase and manage each REIT’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 each REIT’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 REIT shares sold up to the first $5,000,000 of each REIT’s monthly shares sold, then a fee equal to seventy-five one-hundredths (0.75%) for the next $2,500,000 of monthly REIT shares sold, then a fee equal to fifty one-hundredths (0.50%) for the next $2,500,000 of 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 each REIT’s Offering Circular.

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

Dividend distributions are declared by each REIT’s Board of Directors based upon a review of the excess, if any, of tenant rental receipts, less mortgage payments and other REIT expenses. If dividends are declared by the Board, they will be paid on or before the 10th day following the end of each month.
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During your first month as an investor, your share of declared dividends will be prorated based upon the number of days that you owned REIT shares.

We can provide no assurances that future REIT net cash flow will support the payment of distributions or maintaining distributions at any level. Any distributions we make will be at the discretion of each REIT’s Board of Directors, and will be based on, among other factors, present and reasonably projected future cash flow.

Yes. You may elect to use your dividend distributions to purchase more REIT 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 the REIT 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 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 each REIT’s Board of Directors will establish a monthly share repurchase program, whereby existing shareholders can sell their shares back to the REIT. For our FOHF REIT, shareholders cannot avail themselves of share repurchase until the passage of one year from their initial purchase of FOHF shares.  Also, any share repurchase program established by the REIT’s Board may be subject to withdrawal penalties and volume limits. Please refer to the Offering Circular for a complete discussion regarding each REIT’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.