MRI is an affiliate of the Meridian Companies (Meridian), a Boston-based company that has provided tax-advantaged real estate investment opportunities for corporate clients since 1981. Meridian has traditionally served the tax planning needs of large institutional clients, providing investment opportunities for Fortune 500 companies in the utility, financial services and insurance sectors. These corporate investors have invested over $9 billion in Meridian 's real estate transactions alone, and continue to invest at the rate of approximately $1 billion per year.
In today's real estate market it takes significant effort and expertise to find solid investment opportunities. MRI uses its vast experience and resources to identify institutional quality real estate investment opportunities, and make the best of these opportunities available to individual investors through its tenants in common and sole ownership programs. By maintaining an extensive network of real estate brokers across the country, and by leveraging Meridian's exclusive institutional relationships to procure off-market properties that the owner is willing to sell, MRI evaluates hundreds of properties to capture only those few that are most likely to meet our high performance expectations. The selected properties have passed through an exhaustive due diligence process that is conducted by a team that has over 75 years of combined experience in the real estate industry and has closed on over $10 billion of real estate transactions.
By leveraging the financial strength of Meridian and its partners, MRI makes capital available to corporate and institutional real estate owners through its sale leaseback and maximum leverage programs. Our creative and affordable financing structures establish us as the partner of choice for these types of transactions.