Real estate wealth tech platform Elevate.Money has announced that David Perduk has joined the firm as its chief investment officer. Perduk’s decades-long career includes leadership positions at CBRE, Rich Uncles, RW Holdings NNN REIT and Newport Net Lease, Inc. While they were both at Rich Uncles, Perduk and Elevate CEO Harold Hofer purchased more than $400 million in real estate.
Elevate.Money is like a REIT that aims to focus on a younger generation of investors who have been conditioned to manage money directly through online platforms.
Under Perduk’s leadership as CIO, the team will continue to find, buy and manage properties that meet the Elevate Lens+ criteria. Elevate’s REIT holdings started with a Family Dollar located in Fort Worth, Texas. Additional property acquisitions will be announced this year.