Owner’s Representation • Construction Management
Turn distressed projects into profitable assets.
Fix delays, construction defects, and funding issues. Get your development back on track to C of O so you can start earning money.
We are the construction fixers.
When a construction project goes off the rails, it turns an income-generating asset into a cash-draining liability. 51eleven specializes in turning distressed projects around by combining the discipline of a large construction firm with the speed and agility of an elite, specialized team.
What we do
Owner’s Representation
Oversee the entire development through to occupancy on behalf of owners and developers.
Construction Management
Manage the building process and ensure day-to-day work proceeds as planned.
Project types
Distressed Projects
Site assessment, cost-to-complete, and a plan to restart within weeks.
Distressed project takeover
Full site assessment and a plan to restart within weeks.
Schedule recovery
Critical-path rebuild and weekly accountability on site.
Contractor evaluation & transition
Performance review, replacement, and handoff without losing the trades.
Subcontract restructuring
Rebid open scopes, resolve backcharges, re-paper the remaining work.
Claims, change orders & disputes
Document the record, price the exposure, settle before counsel does.
Closeout, TCO & turnover
Punch, certificate of occupancy, warranties, clean handoff to operations.
New Construction
Validation of budget, schedule, and contract before ground is broken.
Preconstruction & budget validation
Test the budget, contingency, and schedule before the loan closes.
Entitlement & permit strategy
Sequence agency approvals so permits don’t become the critical path.
GC selection & buyout
Bid the job properly and paper the contract so risk sits where it belongs.
Draw & reporting controls
Set up draw review and lender reporting from day one, not month nine.
Who we work with
Developers & Owners
An owner’s rep who runs the job like it’s their own capital on the line.
Equity Partners
Reporting built for capital: exposure, schedule, and a real path to finish.
Construction Lenders
Boots on the ground protecting your collateral.
Special Servicers
Clear cost-to-complete numbers and a documented plan.
Leadership in the field
51eleven Principal RJ Miller talks about what it takes to turn a troubled project into a value-generating asset.
Recent projects
Los Angeles, CA
1410 N Highland Ave
181-bed micro-unit apartment building situated in the heart of Hollywood. Took from four years behind schedule to TCO in 8 months.
6
Floors
49
Units
181
Beds
Los Angeles, CA
9958 W Regent St
68-bed micro-unit apartment building, two years behind schedule when we took over. Reached TCO in six months.
6
Floors
26
Units
68
Beds
Los Angeles, CA
3920 W 5th St
40-unit apartment building in LA, stuck in TCO for 2 years due to construction defects. Took from TCO to C of O in 3 months.
7
Floors
40
Units
86
Beds
Get in touch
Whether you’re exploring options for a stalled project or want to make sure a new development goes smoothly, we’d love to hear from you.