Real Estate - Long Beach, California, US
Lujan/Merriman Development Group, LLC ("LMDG") exercises a hyper-focused value-add strategy, capitalizing on a strong pipeline of distressed, opportunistic multi-family and commercial properties in prime coastal Southern California locations. LMDG's expertise lies within the targeted markets we operate with a focus on multi-family commercial real estate. To date, LMDG has completed nearly $200 million in transactions. Investment properties are typically repositioned and stabilized through a value-add renovation plan to achieve improved tenancy and higher rents. Formed in 2005 with a long-term orientation and focus on value-based real estate investments, LMDG's founders have a combined 40 years of real estate, corporate finance, and accounting experience. LMDG's founders have an exceptional track record, having successfully deployed over $100 million to date. Their track record of success in delivering attractive yields to investors, while minimizing downside risk, is grounded in an expertise within the niche of multifamily value-add investing in highly desirable targeted areas.
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