How Far We’ve Come
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2010
* Elmington Capital Group is founded by Cary Rosenblum and Ben Brewer.
* Elmington obtains its first major investments.
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2011
* First Affordable Housing project (Crescent Bluff) breaks ground in Memphis, Tennessee and starts construction.
* First renovation and development projects begin.
* Elmington Commercial purchases St. Cloud Corner for $3.1M in Nashville, Tennessee.
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2012
* Elmington Commercial purchases Fountain Square Multi-family Portfolio, 596-unit apartments for $22M (Louisville, Kentucky).
*EPM is created
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2013
*First acquisition rehab project (Hickory Lake) of a 322-unit development in Nashville, Tennessee.
* Elmington Affordable division is started.
* Elmington Commercial purchases Demonbreun Hill, an office-retail mixed-use property for $17.7M (Nashville, Tennessee).
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2014
* Crescent Bluff II and 2nd Street Flats are added to the Memphis, Tennessee Affordable Housing portfolio.
* Elmington Affordable breaks ground on two new projects in Memphis.
* Elmington Commercial purchases Renaissance Tower for $10.1M (Nashville, Tennessee).
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2015
* Elmington Affordable renovates and restores The Carroll Building in Waterbury, Connecticut.
* Construction for Affordable Housing on first project outside of Tennessee begins.
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2016
* Elmington Commercial acquires Midtown Portfolio for $21.95M (Nashville, Tennessee).
* Elmington exceeds 100 million in equity commitments.
* Uptown Flats & Patterson Flats start construction in Memphis, Tennessee.
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2017
* Development of 1,033 Affordable Housing Units begins in Memphis & Nashville.
* Elmington Construction and Elmington Residential are formed.
* Land purchased and consolidated for the Mixed-Use Reservoir development at 8th & Edgehill for $27.7M (Nashville, Tennessee).
* Belcourt Village development acquired for $8.3M (Nashville, Tennessee) by Elmington Commercial.
* Parkview Tower acquired for $28M (Nashville, Tennessee) by Elmington Commercial.
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2018
* Elmington expands construction projects to Knoxville.
* Development of 452 Affordable Housing Units begins.
* Energy Park acquired for $13.1M (Nashville, Tennessee) by Elmington Commercial.
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2019
* Development of 1,227 Affordable Housing units begins in Nashville, Tennessee, Knoxville, Tennessee, and Charlotte, North Carolina.
* Fortress software division is launched.
* Elmington Construction starts its first projects as a General Contractor for two new construction developments in Knoxville, Tennessee.
* Haywood Oaks purchased for $46M (Nashville, Tennessee) by Elmington Commercial.
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2020
* Belcourt Village Mixed-Use Development Completed in Nashville, Tennessee.
* Elmington begins construction on 946 affordable housing units in North Carolina and Tennessee.
* 5141 Virginia Way purchased for $19.2M (Nashville, Tennessee) by Elmington Commercial.
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2021
* Elmington Construction starts its first project in Texas.
* Development of 2,483 Affordable Housing units across Texas, North Carolina, and Tennessee.
* Completed sale of final multi-family value-add community, Hillside Flats.
* Richland Creek Development acquired for $17M (Nashville, Tennessee) by Elmington Commercial.
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2022
* 455 Duke acquired for $25M (Nashville, TN) by Elmington Commercial.
* Construction expands to new Affordable Housing projects in Alabama.
* Development of 1,134 Affordable Housing units begins in Tennessee, North Carolina, and Alabama.
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2023
* Elmington relocates to new corporate office.
* Development of 1,235 Affordable Housing Units begins across Florida, Ohio, Texas, & Tennessee.
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2024
* Elmington celebrates over 10,000 Affordable Housing units.
* Development of 1,850 Affordable Housing units begins across Tennessee, Florida, North Carolina, Texas, Ohio, and North Dakota.