First Tenants Moving Into Cedar Creek Estates in Jacksonville, Florida

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Ellavoz Impact Capital (EIC), a leading real estate impact investment and management firm, together with Auben Realty, a multi-state management firm specializing in single family rentals, announced today that the first tenants are moving into their new community, Cedar Creek Estates.

The project began vertical construction this April. Located within an Opportunity Zone in Jacksonville, Florida, this innovative build-to-rent single-family residential community will help satisfy the growing demand for affordable, high-quality housing in Jacksonville. The project, with an estimated cost of $14 million, is transforming nine acres into 45 comfortable, single-family homes. EIC is committed to creating a living environment that not only provides much-needed housing but also encourages a strong sense of community for its residents.

“The progress on this project has been tremendous,” said Chris Ferry, Vice President of Ellavoz Impact Capital. “We are excited about our first tenants moving into Cedar Creek Estates and by the positive reception of the Jacksonville community.”

“With our first residents now moving in, Cedar Creek is quickly evolving from a construction site into a vibrant community,” says Taylor Moore, Auben’s Resident Experience Manager. “It already feels more like a true neighborhood than a typical rental development — a testament to the thoughtful planning, quality craftsmanship, and collaborative vision with the Ellavoz ownership group.”

Key highlights of the Cedar Creek Estates project include:

Diverse Home Sizes: The community features a variety of living spaces to suit the needs of different families and individuals. The single-family homes range in size from 1200 to 1650 square feet, offering residents flexibility and choice in their living arrangements.

Popular Build-to-Rent Model: Ellavoz Impact Capital recognizes the rising popularity of the build-to-rent model and Cedar Creek Estates is designed to meet this demand. This approach offers renters the opportunity to enjoy a modern and well-maintained living space combined with the flexibility of leasing.

Commitment to Community: Ellavoz Impact Capital is dedicated to enhancing the quality of life of all residents within Cedar Creek Estates by incorporating energy efficient features and well-designed public spaces with the goal of fostering a sense of community and well-being.

Homeownership Assistance Program: A unique home ownership assistance program will give long-term veteran and first responder residents the opportunity to earn a downpayment assistance grant from Ellavoz when these families purchase their homes.

About Ellavoz Impact Capital:

Ellavoz Impact Capital, LLC, (EIC) is a social impact investor, advisor, asset manager, and real estate developer focused on creating and preserving workforce and affordable housing and other community-oriented real estate properties. EIC's strategy concentrates investments into price-attainable housing and economic development projects by working with socially aligned operators, local nonprofits, and governmental agencies to deliver positive community outcomes and double bottom line returns.

With locations in Florida, New Jersey and the Carolinas, Ellavoz currently has total managed and controlled assets with a value approaching $300 million. EIC is comprised of certified public accountants, attorneys, as well as real estate, finance, and economic development professionals. The team has both private sector experience and decades-long experience leading large community development financial institutions and nonprofit organizations. Collectively, the management team has led transactions with a total capitalization value of nearly $3 billion.

For more information about Ellavoz Impact Capital, visit our website at Ellavoz.com

About Auben Realty

Auben Realty is a vertically integrated real estate investment and management firm specializing in single-family rentals (SFR), multifamily (MF), and build-for-rent (BFR) communities. With operations in Augusta, Atlanta, Chattanooga, Columbia, Greenville, Kansas City, Dallas–Fort Worth, and Jacksonville, Auben combines deep local expertise with a resident-first approach to create long-term value for investors and residents alike. Learn more at www.aubenrealty.com.

To Schedule a Tour or Contact Auben Realty, click the links below:

TOUR:

https://www.cedarcreekrentalhomes.com/

CONTACT:

https://www.cedarcreekrentalhomes.com/contact-us