Services

Two projects. One discipline.

Whether a project is stalled and bleeding money, or hasn’t broken ground yet, 51 Eleven runs it the same way: on site, accountable to the schedule, and reporting straight to the people whose capital is on the line.

01. Troubled Projects

Get It Finished

A stalled ground-up multifamily or hospitality project doesn’t need another meeting. It needs someone on site who can tell you exactly what’s wrong, what it costs to fix, and how fast it can move again.


Distressed project takeover

Full site assessment, an honest cost-to-complete, and a plan to restart work within weeks, not quarters.

Schedule recovery

Critical-path rebuild and weekly, on-site accountability so the new schedule actually holds.

Contractor evaluation & transition

Performance review, replacement, and handoff, done without losing the trades already committed to the job.

Subcontract restructuring

Rebid open scopes, resolve backcharges, and re-paper the remaining work so risk sits where it belongs.

Claims, change orders & disputes

Document the record and price the exposure early, so it gets settled before counsel has to get involved.

Closeout, TCO & turnover

Punch list, certificate of occupancy, warranties, and a clean handoff to operations.

02. New Construction

Start Right

We also take on new ground-up projects at the front end: validating the budget, the schedule, and the contract before the shovel goes in the ground, so the job never becomes the one that needs rescuing.


Preconstruction

Budget & Schedule Validation

Test the budget, contingency, and schedule before the construction loan closes, while there’s still time to fix what’s wrong.

Entitlements

Permit Strategy

Sequence agency approvals so entitlements and permits don’t become the critical path that stalls the job before it starts.

Procurement

GC Selection & Buyout

Bid the job properly and paper the contract correctly, so risk sits with the party equipped to carry it.

Controls

Draw & Reporting

Set up draw review and lender reporting from day one, not month nine, after the first red flag.

Sectors

Where we work.

Multifamily Mixed-Use Podium & Type III Adaptive Reuse Affordable / LIHTC Hospitality
Who Engages Us

Who we work with.

Construction Lenders

Special Servicers

Equity Partners

Developers & Owners

How We Engage

From first walk to final closeout.


01

Assess

Site visit, document review, and an honest cost-to-complete, usually within days of the first call.

02

Stabilize

Contractor and subcontract decisions, a rebuilt schedule, and a plan the lender can actually rely on.

03

Execute

Weekly, on-site accountability with draw review and reporting built for capital, not internal use only.

04

Close Out

Punch, TCO, warranties, and a clean turnover to operations or ownership.

Get In Touch

Not sure which side you’re on?

Send us the address and where things stand. We’ll tell you straight whether it’s a rescue or a start-right.