Owner’s Rep + Construction ManagementThe team a lender brings in when a construction loan starts slipping.
51 Eleven is an owner’s representation and construction management firm built for one moment: when a ground-up multifamily or hospitality project is stalled, troubled, or too important to get wrong. We protect the collateral, get the job finished, and answer to the capital.
We’re geared toward the people who stand to lose the most.
Construction Lenders
Boots on the ground protecting your collateral, not another voice on a status call.
Special Servicers
Clear cost-to-complete numbers and a documented plan when a loan needs a workout.
Equity Partners
Reporting built for capital: exposure, schedule, and a real path to finish.
Developers & Owners
An owner’s rep who runs the job like it’s their own capital on the line, because it might as well be.
Two ways in: rescue the project already in trouble, or make sure it never becomes one.
Get It Finished
Site assessment, cost-to-complete, and a plan to restart within weeks.
Distressed project takeoverFull site assessment and a plan to restart within weeks.- Schedule recoveryCritical-path rebuild and weekly accountability on site.
- Contractor evaluation & transitionPerformance review, replacement, and handoff without losing the trades.
- Subcontract restructuringRebid open scopes, resolve backcharges, re-paper the remaining work.
- Claims, change orders & disputesDocument the record, price the exposure, settle before counsel does.
- Closeout, TCO & turnoverPunch, certificate of occupancy, warranties, clean handoff to operations.
Start Right
Validate the budget, schedule, and contract before the shovel goes in the ground.
Preconstruction & budget validationTest the budget, contingency, and schedule before the loan closes.- Entitlement & permit strategySequence agency approvals so permits don’t become the critical path.
- GC selection & buyoutBid the job properly and paper the contract so risk sits where it belongs.
- Draw & reporting controlsSet up draw review and lender reporting from day one, not month nine.
51 Eleven, in the field.
Project walkthrough video, coming soon
Multifamily work on the ground right now.
Los Angeles, CA
1410 N Highland Ave
181-bed micro-unit multifamily podium. Took over four years behind schedule and drove it to TCO.
West LA / Culver City, CA
3710 Dunn
68-bed multifamily podium, two years behind schedule when we took over. Reached TCO in six months.
Springfield, MO
Lakewood Ridge
400 multifamily units, a 125-key hotel, and retail. Full oversight of entitlement, strategy, and execution.
Before the rescues, a track record across institutional, hospitality, and multifamily delivery.
Musco Center for the Arts
A 1,050-seat, 88,000 SF performing arts center delivered on schedule using Lean Construction, 3D laser scanning, and BIM.
CitizenM, South Lake Union
First West Coast deployment of a modular hotel system: 228 prefabricated units, 264 rooms, 82,000 SF.
Distress is the specialty, not a side project.
Distress is the specialty
Not a general PM firm taking on a hard job. Troubled ground-up multifamily and hospitality work is what we do.
On the ground, not on a call
Southern California coverage means we’re at the site, in person, every week, not managing from a spreadsheet.
We answer to the capital
Reporting built for lenders and equity: collateral, exposure, and a documented path to finish.
Talk to us before it gets worse.
Whether a loan is starting to slip or you’re validating a budget before the shovel goes in, the conversation costs nothing.