Tradition

Responding to opportunity. Building on success.

The history of Eliason is fundamental to what makes us unique – it is the foundation for our present success and our future opportunities in the real estate investment market.

Our history is here. And so we have chosen to remain a vital part of the community that gave rise to our success. But our influence, investors, properties, broker-dealers, and registered representatives are there – across the nation.

Opportunities know no bounds. Opportunities are everywhere. So is Eliason.

History

1899 Swedish immigrant John Eliason settles in St. Germain, a small town in northern Wisconsin.

1899 - 1913 John works as a miner and logger.

1914 John takes his life savings, $2,000, and purchases 100 acres on nearby Lost Lake; shortly thereafter he sells a single lot for $1,000 – the first in a string of profitable real estate transactions.

1915 - 1960 Eliason family continues to acquire real estate in northern Wisconsin.

1961 Donald and Richard Eliason found Eliason Realty of the North, a small real estate brokerage with an aggressive and innovative approach to real estate investing – purchasing existing resorts, improving the properties and selling them to other investors. Property owners who sold to the Eliason brothers recognize the brothers’ talent for real estate investments and agree to finance their next purchases. These early, informal partnerships help grow the business.

1974 The company enters into its first formal major partnership with a $200,000 equity investment in a $2 million apartment complex that later netted over $3 million in profit.

70s - mid 80s Eliason portfolio expands to approximately 500 multifamily units.

1986 Following significant tax law changes, the company works on a new model of real estate investments that would evolve into today’s Tenant-in-Common (TIC) and 1031 Exchange programs.

1999 David and Brian Eliason co-found Eliason, Inc., the parent company of Eliason Real Estate Group and begin using innovative real estate financing and ownership structures.

2002 IRS ruling provides guidance for TIC investments to be able to qualify as viable 1031 Exchange options – expanding the pool of commercial properties available for this tax-deferred rollover.

2005 Eliason 1031 Properties executes its first nationally marketed TIC transaction.

2007 Eliason becomes the third largest multifamily TIC Sponsor in the country, according to OMNI Brokerage.

2008 Inc. Magazine ranks Eliason as the Second-Fastest growing private company in America as well as the Fastest-Growing real estate company.