30+ Years of Distressed Property Expertise

Specializing in turning challenging real estate projects into successful ventures

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Commercial
Residential
Mixed-Use

About Meridian Concepts TB

Commercial building

Originally in the early 90s, Meridian started as a construction project management and development company taking on distressed projects that had all types of Real Estate shortfalls.

Projects ranged from $20 million to $100 million in asset value. Most of the projects had cost overruns, construction losses, issues with sales, leases, and debt service.

Our main focus and mission when we're hired is to audit the project and alleviate distressed milestones, stop cost overruns, inject capital where needed, and meet many milestones of construction to get to certificate of occupancy.

Our Clients

Most of our clients are banks, private equity, general contractors, and investment groups. These clients are the capital side of the investment. Meridian would mobilize onto the project, our management would be Owners representation to the bank and complete the project.

We produce the marketing and management that is needed to increase leasing per the property with new tenants.

30+
Years Experience
$1B+
Assets Managed
150+
Projects Completed
95%
Success Rate

Our Services

Comprehensive solutions tailored to transform distressed properties into profitable assets

Construction Management

Comprehensive oversight of distressed construction projects to bring them back on track, on time, and within budget.

Project Recovery Cost Control

Financial Restructuring

Strategic financial solutions to stabilize and optimize distressed property investments.

Debt Solutions Capital Injection

Asset Recovery

Specialized services to maximize recovery from underperforming or distressed real estate assets.

Value Recovery Liquidation

Note Purchasing

Acquisition of performing and non-performing notes with strategic exit strategies.

Loan Portfolios Debt Purchase

Property Rehabilitation

Complete property turnaround services including physical improvements and operational enhancements.

Renovation Repositioning

Joint Venture Partnerships

Strategic partnerships to acquire and reposition distressed properties for maximum returns.

Equity Partners Co-Investment

Our Approach

A proven methodology for turning around even the most challenging distressed properties

1

Initial Assessment

We conduct a thorough evaluation of the distressed property, identifying all critical issues including financial, structural, and market challenges. Our team performs on-site inspections, financial audits, and market analysis.

2

Strategic Planning

Our team develops a customized turnaround strategy with clear milestones, budget parameters, and risk mitigation plans. We create detailed roadmaps for construction, financing, and operational improvements.

3

Implementation

We mobilize our experienced team to execute the plan, managing all aspects from construction to financial restructuring. Our hands-on approach ensures rapid progress and immediate problem-solving.

4

Stabilization

Once the property is stabilized, we implement operational improvements and marketing strategies to maximize value. This includes tenant improvements, lease restructuring, and operational efficiencies.

5

Exit Strategy

We work with stakeholders to determine the optimal exit strategy, whether through sale, refinance, or long-term hold. Our team prepares comprehensive exit packages and marketing materials.

Ready to Discuss Opportunities?

We have buyers and sellers that are interested to purchase and sell notes. If you are interested in our services please contact us to discuss any opportunities.

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Client Testimonials

What our clients say about our distressed property solutions

"Meridian Concepts turned around our distressed shopping center project when no one else could. Their expertise in both construction and financial restructuring was invaluable."

Investment Group Partner

"Their ability to navigate complex construction issues while simultaneously restructuring the financing saved our $75M mixed-use development. Highly recommended."

Bank Portfolio Manager

"We've worked with Meridian on three distressed property turnarounds. Each time they've delivered exceptional results ahead of schedule."

Real Estate Fund Manager

Contact Us

Better yet, see us in person! Please call or email to make an appointment.

Our Information

Joe Cenna

Founder & Acquisitions

Phone

(346) 224-3810

Email

jcenna@mc-tb.com

Terrance Romero

East Coast Contact Liaison

Phone

(772) 282-0164

Email

tromero@mc-tb.com

J Rhoton

West Coast Contact Liaison

Phone

(719) 588-7023

Email

jrhoton@mc-tb.com

Business Hours

Monday - Friday: 8:00 AM - 6:00 PM
Saturday: By Appointment
Sunday: Closed

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