Elevation Development Group
Elevation Development Group is a Denver-based real estate investment and development firm founded in 2007 that acquires, develops, and operates office, retail, and residential properties in high-barrier-to-entry Denver submarkets, with approximately 2 million square feet acquired or developed to date.
- Company typePrivate
- Founded2007
- HeadquartersDenver, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Elevation Development Group does
Elevation Development Group is a Denver-based real estate investment and development firm founded in 2007 that acquires, develops, and operates office, retail, and multifamily residential properties in high-barrier-to-entry Denver submarkets including RiNo, LoDo, Cherry Creek North, Capitol Hill, LoHi, Arapahoe Square, and the Ballpark District. The firm is led by co-founders and principals Brent, Brad, and Gregg Farber, supported by a small team of two vice presidents (Acquisitions & Development; Finance), and operates from its headquarters at 260 N. Josephine St., Suite 210, Denver, CO. Since founding, Elevation has acquired and/or developed approximately 2 million square feet of real estate across more than sixteen documented projects, with current holdings spanning stabilized operating assets (260 Josephine, 300 University), an under-construction signature project (Steel House, 321,000 sf, completed 2025 with Beacon Capital Partners), and six pre-development land sites.
The business model is asset-centric rather than recurring-software: revenue is generated from property appreciation, rental income on stabilized holdings, and proceeds from asset sales (illustrated by the March 2026 disposition of a LoHi development site to Century Communities for $9.5 million, against a 2019 basis of $5.65 million). Go-to-market is sales-led and relationship-driven, leveraging the founders' network to source off-market deals and access institutional investors, with investor relations managed through the Juniper Square platform. Customer-facing activity is split between institutional limited partners and tenants of operating assets, while counterparties include co-developers (Beacon Capital Partners) and homebuilders (Century Communities). There is no disclosed external funding, no parent company, and no AI/ML technology stack; the firm is privately held by the three co-founders.
Elevation Development Group firmographics
Firmographics- Name
- Elevation Development Group
- Legal name
- Elevation Development Group
- Website
- https://elevation.net
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Elevation Development Group is a Denver-based real estate investment and development firm founded in 2007 that acquires, develops, and operates office, retail, and residential properties in high-barrier-to-entry Denver submarkets, with approximately 2 million square feet acquired or developed to date.
- Ownership category
- akta.pro rank
Elevation Development Group industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Land Subdivision (23721), Land Subdivision (237210), Land Subdivision (2372)
- SIC
- Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)
Keywords
Where Elevation Development Group is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Elevation Development Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Real Estate Development and Investment: Elevation acquires, develops, and holds or sells best-in-class office, retail, and residential properties in high barrier to entry Denver submarkets. Revenue is generated through property appreciation, leasing income from stabilized assets, and proceeds from property sales.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Elevation Development Group product offering
Product offeringCore offering
Elevation Development Group is a Denver-based real estate investment and development firm that acquires, develops, holds, and sells office, retail, and multifamily residential properties in high barrier-to-entry Denver submarkets. The firm sources off-market deals through deep local networks and directly executes on complex real estate transactions, including ground-up development, stabilized asset ownership, and pre-development land holdings.
Product overview
Elevation Development Group operates as a single unified real estate investment and development platform, not a modular software product. The company's portfolio comprises distinct property development projects spanning office, retail, multifamily residential, and land development across Denver's high-barrier-to-entry submarkets including RiNo, LoDo, Cherry Creek North, Capitol Hill, LoHi, Arapahoe Square, and Ballpark District. The portfolio includes stabilized operating assets (260 Josephine, 300 University), properties under construction (Steel House), and land holdings in pre-development stages (36th & Downing, Waldown, 33rd & Mariposa, 29th & Fox, 18th & Market, 21st & Welton). Since founding in 2007, the firm has acquired and/or developed approximately 2 million square feet of real estate. Sold assets include The Hub, Hardware Block, 16M, MOTO Apartments, 7th & Sherman, Block 47, 245 Columbine, and 20th & Welton.
Differentiator
Problem solved
Functional benefit
Products and services
- Steel House A 321,000 rentable square foot office and retail development in Denver's RiNo neighborhood, co-developed with Beacon Capital Partners and completed in 2025. Targeted at commercial office and retail tenants in Denver's RiNo district.
- 260 Josephine A 68,000 rentable square foot stabilized office and retail development in Denver's Cherry Creek North neighborhood, serving as a long-term operating asset for the firm.
- 300 University A 61,000 rentable square foot stabilized office and retail development in Denver's Cherry Creek North neighborhood, serving as a long-term operating asset for the firm.
- 36th & Downing A 100,000 square foot land site in Denver's RiNo neighborhood held for pre-development of a future office, retail, or mixed-use project.
- Waldown A 13,000 square foot land site in Denver's RiNo neighborhood held for pre-development of a future real estate project.
- 33rd & Mariposa A 30,000 square foot land site in Denver's LoHi neighborhood held for pre-development, with city approval for a 116-unit apartment development.
- 29th & Fox
Quantifiable outcome
- Acquired and/or developed approximately 2 million square feet of real estate since founding in 2007
Companies that use Elevation Development Group
Customer profileSegments1 record
Ideal customer profiles2 records
Elevation Development Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Elevation Development Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered significant and major.
- Century CommunitiessignificantCentury Communities purchased a 0.68-acre development site in Denver's LoHi neighborhood from Elevation Development Group for $9.5 million. The property had been approved for a 116-unit apartment development. Century Communities broke ground immediately with expected completion in 2028.
- Beacon Capital PartnersmajorBeacon Capital Partners co-developed Steel House with Elevation Development Group. Steel House is a 321,000 square foot office and retail development in Denver's RiNo neighborhood, completed in 2025. The project featured over 300,000 square feet of office space and 12,000 square feet of retail.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Elevation Development Group competitors and assessment
Company assessmentDirect peers
- BMC Investments: Denver-based boutique real estate investment and development firm focused on mixed-use, multifamily, and commercial projects in Denver's premium neighborhoods — closely comparable to Elevation's product mix, geographic focus, and firm size (Cameron Lees, Elevation's VP of Finance, is a former BMC Investments investment associate).
- East West Partners: Aspen/Denver-based real estate developer specializing in mixed-use, resort, and urban infill communities across Colorado — highly comparable to Elevation's Denver submarket focus, infill/mixed-use orientation, and integrated acquisition-to-development model.
- Beacon Capital Partners: Boston-based institutional real estate investment firm focused on Class A office and mixed-use developments; co-developed Steel House with Elevation. Comparable as a partner/co-developer and as a large-scale Denver office investor active in the same RiNo submarket.
- Westside Investment Partners: Denver-based real estate investment and development firm focused on urban infill mixed-use, multifamily, and office projects in Denver's most sought-after submarkets — directly comparable geographic focus and product type to Elevation.
- Cypress Real Estate Advisors: Denver-based real estate investment and advisory firm focused on commercial and mixed-use developments in Colorado — comparable market focus, asset class mix, and boutique institutional-investor orientation.
- Argentic: Denver-based privately-held real estate development and investment firm focused on mixed-use, multifamily, and commercial projects in Colorado urban markets — directly comparable product mix and Denver focus to Elevation.
Broad incumbents
- Hines: Global privately-held real estate investment, development, and management firm with active Denver office and mixed-use projects. Comparable as a broader incumbent operating at scale in the same Denver submarkets Elevation targets.
- Trammell Crow Company: Major U.S. commercial real estate developer with a diversified office, multifamily, and mixed-use portfolio including Denver. Comparable as a broad incumbent competing in the same Denver development pipeline with significantly greater capital resources.
- Tishman Speyer: Global real estate investment and development firm with significant office and mixed-use exposure including Colorado. Comparable as a broad incumbent operating in the same product categories (office, mixed-use, multifamily) Elevation develops.
- National Real Estate Advisors: Institutional real estate investment manager focused on development-led and value-add office, multifamily, and mixed-use projects nationwide (Cameron Lees is a former analyst). Comparable as a capital partner/investor class active in the Denver CRE development ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Elevation Development Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elevation Development Group leadership team
Management profileNumber of profiles
Profiles5 records
Elevation Development Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elevation Development Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elevation Development Group
What does Elevation Development Group do?
Elevation Development Group is a Denver-based real estate investment and development firm that acquires, develops, holds, and sells office, retail, and multifamily residential properties in high barrier-to-entry Denver submarkets. The firm sources off-market deals through deep local networks and directly executes on complex real estate transactions, including ground-up development, stabilized asset ownership, and pre-development land holdings.
Is Elevation Development Group a public or private company?
Elevation Development Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elevation Development Group founded?
Elevation Development Group was founded in 2007. It employs 11 to 50 people.
Where is Elevation Development Group based?
Elevation Development Group is headquartered in Denver, United States, in the North America region.
How does Elevation Development Group make money?
One revenue line is on record: real Estate Development and Investment.
Who are Elevation Development Group's main competitors?
Direct peers on record are BMC Investments, East West Partners, Beacon Capital Partners, Westside Investment Partners, Cypress Real Estate Advisors and Argentic. Broad incumbents are Hines, Trammell Crow Company, Tishman Speyer and National Real Estate Advisors.
Does Elevation Development Group have an API?
No public API is recorded for Elevation Development Group.
What industry is Elevation Development Group in?
Elevation Development Group's product category is Commercial Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of FSAEAJAD, Land Brokerage (Raw Land & Development Sites). Its NAICS code is 23721 and its SIC code is 1531.