Meridian has been overseeing real estate investments for 35 years and currently manages a portfolio valued at over $250 million. Our client group includes individual investors, non-profit organizations, community development authorities, and national investment syndicators. Because the individual shareholders of Meridian are also real estate developers and property owners, we understand the importance placed on the services we provide.
Many of today's real estate owners have diverse investment portfolios and they appreciate our experience, professionalism, and dependable nature. Our focus is placed on tailoring our services to the needs of the owner.
We offer a full range of services including lease-up, marketing, tenant relations, preventative maintenance, record keeping, budgeting, and staff training.
Compliance with loan documents, regulatory agreements and investor reporting requirements, completion of property tax exemption filings, financial analysis, physical inspections, and capital needs assessments.
Meeting the requirements of the Section 8 and Section 42 housing programs related to tenant eligibility, tenant rental charges, and the required reporting to ownership groups and state housing and government agencies.
Our web based accounting system allows us to offer remote site input of source document data and to provide timely and accurate financial reports to owners and sponsors of multi-family housing developments. This allows resources to be focused on the housing provider's mission rather than development of a financial reporting infrastructure.
During the last decade we have structured transactions totaling over $100 million through the use of various financing tools including tax exempt bonds, tax credits, bank financing, HUD programs, and various state and federal grants.
Each year we oversee over $5 million in rehab related work at the properties we manage. Our experienced team is knowledgeable in physical condition evaluation, life expectancy assessment, unit cost development, and planning for effective implementation of the apartment rehab process.