ELDER FAMILY OFFICE
Founder & CEO
Born and raised in Oakland California, Saef Elder has always been inquisitive and ahead of the curve. At age 15. Mr. Elder graduated high school to pursue his studies in medicine. Mr. Elder completed his medical degree in 2004 and started his residency at Jackson Memorial Hospital in Downtown Miami. In 2006, Mr. Elder saw opportunities emerging in real estate and decided to make the bold transition of managing the operations of his families real estate holdings.
At the initial stages of Mr. Elder’s tenure, the family had modest real estate holdings in Berkeley. Mr. Elder saw an opportunity in the Great Recession of 2008, to implement an acquisition strategy that has allowed the company to procure hundreds of undervalued single-family homes throughout one of the most desirable real estate markets in America.
Saef is currently the CEO and manager of Elder Real Estate Fund.
“The fund continues to purchase SFR’s in the Bay Area and is still income and value driven. However, the fund has begun to gravitate towards MFR’s in the Bay Area. The fund expects to purchase one MFR every quarter to meet current growth expectations. Our team, has found opportunities in under-capitalized MFR’s and has been successful in increasing value with rental increase to market rents and capital expenditures."