Elevate Real Estate

What Elevate Real Estate does

Elevate Real Estate Services, Inc. is a Denver-based, privately held commercial property management firm operating across the Colorado Front Range. The company manages more than 1.5 million square feet and approximately $250 million of commercial assets across roughly 55 buildings, serving commercial property owners with portfolios in the 20,000 to 350,000 SF range. Core offerings encompass asset management, full property accounting, building system operations and maintenance, construction management oversight, energy efficiency initiatives, and leasing and marketing services, delivered through a team of approximately 16 professionals including executives, property managers, accountants, engineers, and business operations staff.

The firm's technology stack centers on AppFolio, a third-party property management platform that powers its tenant, owner, and HOA portals, integrated with direct field operations by licensed property managers and on-site building engineers. Service breadth spans office, mixed-use, medical office, retail, industrial, and HOA/condo associations, with a state-certified HOA practice serving both residential and commercial condo boards. Notable capabilities include historic preservation management, evidenced by the multi-year Equitable Building modernization involving steam-to-gas conversion, elevator and facade work, and a documented 40% energy cost reduction.

The revenue model is managed services-based: fees are negotiated per property based on portfolio size, square footage, and scope, typically structured as multi-year contracts, with supplemental revenue from leasing representation, construction management oversight, and energy efficiency services. Go-to-market is sales-led and relationship-driven, leveraging Denver Metro BOMA involvement, CEO thought leadership in CREJ Property Management Quarterly, Denver Business Journal visibility, and direct outreach to property owners. Customers include the State of Colorado (Governor Center II), historic landmark buildings such as the Equitable Building, and a long tail of mid-market retail, office, and industrial property owners across Denver, Aurora, Centennial, Broomfield, Lone Tree, Highlands Ranch, and Colorado Springs.

Name

Elevate Real Estate

Legal name

Elevate Real Estate Services, Inc.

Website

https://elevateres.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Elevate Real Estate Services is a Denver-based commercial property management firm managing 1.5M+ SF and $250M of assets across 55 buildings in the Colorado Front Range, serving commercial property owners with asset management, accounting, maintenance, construction oversight, and leasing services via the AppFolio platform.

Ownership category

akta.pro rank

Product category

Commercial Property Management

NAICS

Nonresidential Property Managers (531312), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

akta.pro secondary industries

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Real Estate ESG / Sustainability & Resilience Advisory (Decarbonization, Climate Risk) (BPAJANAI)

Keywords

• Commercial property management
• HOA management services
• Real estate asset management
• Construction management services
• Leasing marketing services

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Management Services: Comprehensive management solutions for commercial properties including asset management, property accounting, building maintenance, and construction management; fees typically based on property size and scope of services
2. HOA Management Services: State-certified team provides proven processes and competencies for residential and commercial HOA management
3. Leasing and Marketing Services: Leasing representation and marketing services for commercial properties to attract and retain tenants

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Elevate Real Estate provides full-service commercial property management for office, mixed-use, medical office, retail, and industrial buildings, as well as state-certified HOA management for residential and commercial condo associations. Its service bundle spans asset management, property accounting, building system operations and maintenance, construction management oversight, energy efficiency initiatives, and leasing and marketing representation, delivered through on-site property managers, building engineers, accounting staff, and AppFolio-powered client portals.

Product overview

Elevate Real Estate is a commercial property management firm offering a unified suite of property management services for commercial buildings including office, mixed-use, medical office, retail, industrial, and HOA properties. The core offering is comprehensive property management encompassing asset management, full property accounting, building system operation and maintenance, construction management, green-focused energy efficiency, and leasing and marketing. The company delivers services through multiple channels including tenant and owner self-service portals powered by AppFolio, an HOA portal for document access, and direct property management teams. The portfolio spans over 1.5 million SF and $250 million of commercial assets under management across the Denver Front Range area.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Management Full-service commercial property management covering office, mixed-use, medical office, retail, and industrial properties, including asset management, property accounting, building system maintenance, construction management oversight, energy efficiency, and leasing and marketing. Targeted at commercial property owners.
• HOA Management State-certified HOA and condo association management for both residential and commercial HOAs, including document management, common area maintenance, financial reporting, vendor coordination, and compliance with condo association requirements.
• Construction Management Oversight of renovation and modernization projects for managed properties, including historic preservation, facade restoration, elevator modernization, and fire alarm system upgrades, as demonstrated on the $5.5 million Equitable Building infrastructure modernization.
• Energy Efficiency Services Energy efficiency initiatives for managed properties, including building system optimization, LED lighting retrofits, HVAC improvements, and steam-to-gas conversions, designed to reduce operating costs and meet environmental standards such as the federal Energy Star program.
• Leasing and Marketing Services Leasing representation and marketing services for commercial properties to attract and retain tenants, delivered alongside Elevate's property management services.

Quantifiable outcome

• Over 1,500,000 SF of commercial properties under management
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

One partnership is on record.

• BraconiercoreTechnology or IntegrationColorado-based design-build mechanical engineering firm founded in 1906; partnered with Elevate on the Equitable Building steam-to-gas conversion project; engineered innovative roof-mounted boiler plant solution to meet historic preservation requirements while achieving 40% energy cost reduction; used LiDAR technology and 3D modeling for prefabricated installation

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Lincoln Property Company: National commercial property manager with a major Denver-area presence, serving office, retail, and industrial owners across multiple markets. Directly comparable to Elevate as a third-party commercial PM competing for similar mid-market assignments.

Broad incumbents

• Jones Lang LaSalle (JLL): Global commercial real estate services firm offering property management as part of a broad capital markets, leasing, and facilities platform. Competes with Elevate for larger Denver office and industrial assignments but operates at much greater scale.
• CBRE Group: World's largest commercial real estate services firm, providing property management, valuation, and advisory across all major U.S. metros including Denver. Overlaps with Elevate on office and industrial management RFPs in the Front Range.
• Cushman & Wakefield: Global CRE services firm with property management and facilities services lines serving office and industrial owners. Active in Denver and competes with Elevate for institutional and mid-market assignments.
• Colliers International: Global professional services and investment management company with a strong Denver presence providing property management, leasing, and project management. Comparable to Elevate on office and industrial management mandates.
• Transwestern: National commercial real estate firm offering property management, leasing, and project services, with a Denver office. Directly competes with Elevate for office, medical office, and industrial management assignments in the Front Range.
• Newmark Group: Commercial real estate advisory and services firm with property management capabilities across major U.S. markets including Denver. Competes with Elevate for office and industrial management mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/elevate-real-estate-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elevate Real Estate