The company and its principals have over twenty-five years’ experience in all facets of real estate, particularly in South Florida. During the Great Recession, the principals, through their affiliated entity, The Solution Group, created a Distressed Assets Practice wherein more than 4,000 middle class residential properties were acquired in Miami-Dade, Broward and Palm Beach counties.
These assets were rehabbed, rented and then sold as alternative investment vehicles, primarily to foreign capital sources. Prior to the Great Recession, the principals were affiliated with Fortune International Development, developers of, among others, Jade Residences at Brickell Bay and Le Meridien.
Thereafter the principals successfully completed many condominium conversion projects in South Florida and were involved in the design and structuring of real estate projects in various countries of South America. In South Florida, since the Great Recession, MEC’s principals have designed, developed and construction managed several real estate projects including from townhouse communities, Cassa at Georgetown; residential luxury condominiums, Cassa Brickell; luxury office condominiums, Ofizzina; and luxury multi use rental properties, Zoi House Grove.
Currently, MEC is in various stages of predevelopment in a luxury waterfront boutique residential condominium; a luxury waterfront residential high-rise; and two residential rental opportunity zone deals.