ABOUT US
Over the past 40 years, the principals have developed acquired and disposed over 20 million square feet of real estate projects including thousands of acres of land acquisitions.
GETTING TO KNOW MORE
ABOUT US
5TH ELEVATION believes firmly in the aggressive pursuit of its investment needs. We work continually to interpret and act upon economic forces in the marketplace. And with every transaction, we stress creative problem solving coupled with the judicious application of sound real estate principles.
At 5TH ELEVATION , we deliver on our promise to provide upscale projects with services that satisfy the needs of our communities with an outstanding dedication to detail. With that in mind, our projects and personnel have been recognized repeatedly by the industry’s professional organizations and business press worldwide.
Over the past 40 years, the principals have developed acquired and disposed over 20 million square feet of real estate projects including thousands of acres of land acquisitions.
Core Focus
The Company intends to utilize its expertise as a leading developer to acquire and develop assets during what it perceives as rising markets in growth areas of Florida as well as additional target markets including New Mexico and Tennessee. Management is of the opinion that timing constraints on the supply of residential real estate in these states are creating opportunities for 5TH ELEVATION.
5TH ELEVATION believes firmly in the aggressive pursuit of its investment needs. We work continually to interpret and act upon economic forces in the marketplace. And with every transaction, we stress creative problem solving coupled with the judicious application of sound real estate principles.
At 5TH ELEVATION , we deliver on our promise to provide upscale projects with services that satisfy the needs of our communities with an outstanding dedication to detail. With that in mind, our projects and personnel have been recognized repeatedly by the industry’s professional organizations and business press worldwide.
Management believes that there currently exists an opportunity to acquire parcels of real property in the United States at advantageous cash pricing and with its proven expertise and operating knowledge, develop these properties into multifamily housing at significant profits. As a developer to continue to develop sound value for its investors for the foreseeable future.Investor demand has created a gap in supply and residential buyers and renters entering the market in 2019 are encountering rising prices due to limited inventory and competition from increased demand. That demand trend was strong in 2018 and the trend is expected to continue in 202- and 2021. 5TH ELEVATION has the unique experience as a developer and investor to identify properties of the highest value utilizing its expert management team to source, acquire properties and develop assets yielding exceptional returns with what Management perceives as minimum or measurable risk. While the economy in the United States continues strong, the opportunity to buy real estate properties throughout North America currently exists and residential and multifamily developers are experiencing record profits. 5TH ELEVATION will use its development and investment experience to focus on acquiring land for the development of Multy family residences and performing multifamily assets only in geographical areas where it has had extensive, profitable success and where it has the background to understand and measure both timing and profit risk/reward ratios. We will also continue exploring the hospitality opportunities in the ever growing metro Orlando tourist area, And other commercial great opportunity coming to us within the next few months, The Company may participate in joint venture activity with other builders that may provide a value-added factor either through property ownership costs or unusual knowledge of a geographical area. The investment in these projects will be approved by a select management committee including outside members of the Company’s Board of Directors.
The Management
Zack Benbassat
Founder/President
Mr. Hunter is currently
the Commercial Director for Florida for Coldwell Banker Commercial NRT, a division of the Realogy Corporation and directed the firm’s
Commercial Brokerage and Commercial Property Management for the State of Florida.
Ross J. Newman
Chief Executive Officer
Mr. Hunter is currently the Commercial Director for Florida for Coldwell Banker Commercial NRT, a
division of the Realogy Corporation and directed the firm’s
Commercial Brokerage and Commercial Property Management for the State of Florida.
Yoni Tayar
CHIEF OPERATING OFFICER
Mr. Hunter is currently the Commercial Director for Florida
for Coldwell Banker Commercial NRT, a division
of the Realogy Corporation and directed the firm’s Commercial Brokerage and Commercial Property Management for the State of Florida.
David Michael Hunter
VP of Acquisition
Mr. Hunter is currently the Commercial Director for Florida for Coldwell Banker Commercial NRT, a division of the Realogy Corporation and directed the firm’s Commercial Brokerage and Commercial Property Management for the State of Florida.
Shaw Hayo
VP of Land Aquisition
Mr. Hunter is currently
the Commercial Director for Florida for Coldwell Banker Commercial NRT, a division of the Realogy Corporation and directed the firm’s
Commercial Brokerage and Commercial Property Management for the State of Florida.
Thomas J. Settle
Lead Multi-Family Advisor
Mr. Hunter is currently the Commercial Director for Florida for Coldwell Banker Commercial NRT, a
division of the Realogy Corporation and directed the firm’s
Commercial Brokerage and Commercial Property Management for the State of Florida.
Charlie Giannetto
Legal Advisor
Mr. Hunter is currently the Commercial Director for Florida
for Coldwell Banker Commercial NRT, a division
of the Realogy Corporation and directed the firm’s Commercial Brokerage and Commercial Property Management for the State of Florida.
Yuval Botansky
Member of the Board
Mr. Hunter is currently the Commercial Director for Florida
for Coldwell Banker Commercial NRT, a division of the Realogy
Corporation and directed the firm’s Commercial Brokerage and Commercial Property Management for the State of Florida.
Shaul Baruch
Member of the Board
Mr. Hunter is currently the Commercial Director for Florida for Coldwell Banker Commercial NRT, a division of the Realogy Corporation and directed the firm’s Commercial Brokerage and Commercial Property Management for the State of Florida. Mr. Hunter has an extensive lender and asset management background, including working with or consulting for Coldwell Banker Commercial NRT.
David Hunter
Member of the Board
Mr. Hunter is currently the Commercial Director for Florida for Coldwell Banker Commercial NRT, a division of the Realogy Corporation and directed the firm’s Commercial Brokerage and Commercial Property Management for the State of Florida. Mr. Hunter has an extensive lender and asset management background, including working with or consulting for Coldwell Banker Commercial NRT.
5th Elevation
BE PART OF OUR SUCCESS
Our mission is to continue and deliver on its promise of providing our customer the best product available in the market and providing our investors the best yield for their investment.