Mr. Elenowitz is a co-founder and principal of Trailbreak Partners where his focus is investment in and development of Colorado real estate assets. He is an expert in urban redevelopment having managed the origination, structuring, and execution of urban infill and environmentally complex real estate developments across the United States for nearly two decades.
Previously, Doug was Executive Vice President and Director of Development for EnviroFinance Group (EFG), a development company that acquires, remediates and repositions environmentally impaired real estate throughout the United States. He joined EFG following its 2011 acquisition of Brownfield Partners, the development firm he co-founded in 2003. In Denver, Doug oversaw redevelopment of the former St. Anthony Central Hospital, a 19 acre TOD urban mixed use development and redevelopment of the ASARCO Globe Smelter; a challenging public private partnership and one of Denver area’s most significant remediation and urban redevelopment projects. He is an expert in public finance having originated more than $30 million in financings including negotiation of urban renewal areas, tax increment financing agreements, metropolitan districts, HUD Section 108 loans, and federal and local grants. Doug has a strong entrepreneurial and operations background having co-founded, grown and successfully exited operating companies in the real estate and insurance industries. Prior to starting Brownfield Partners, Doug was a Project Manager with a national developer of environmental properties, an Associate with a private equity fund, making equity and debt placements in assets with environmental complexities and an underwriter with a leading international insurer.
Doug holds a B.S. in Environmental Health from the University of Georgia and an M.B.A. from the University of Colorado. He is a member of the ULI Urban and Mixed Use Development Council, the Denver Public Schools Bond and Mil Levy Oversight Committee, is a Real Estate Diversity Initiative (REDI) Mentor, and is a 2011 graduate of Leadership Denver. Doug is married with a son and daughter and lives in Denver.