Northern Real Estate Urban Ventures

ABOUT US

Northern Real Estate Urban Ventures, LLC, an award-winning community development organization, champions innovation, equity, and a comprehensive approach to real estate development in low-income communities. With a focus on innovation and quality, we’ve managed $2 billion worth of projects, prioritizing economic empowerment and fostering real community connections through education and strategic partnerships.

Led by Dr. Gina Merritt, boasting over 27 years of project execution experience, NREUV is a full-service development company managing projects valued at over $580M. Our expertise extends across a spectrum of complex, multi-layered transactions, including the development of over 8,000 units of multifamily housing and 600,000 square feet of mixed-use spaces. Recognized for our excellence, we’ve garnered numerous awards for our transformative projects across Cleveland, OH, Baltimore, MD, Prince George’s County, MD, and Washington, DC.

Engaged in a holistic approach, NREUV utilizes a human-centered philosophy to develop real estate projects. We collaborate with local businesses and residents, facilitating economic empowerment opportunities while executing projects with meticulous expertise. Through education and entrepreneurship programs, we forge lasting community connections, nurturing sustainable growth and resilience.

Having developed thousands of units across public and private projects, NREUV now embarks on independent endeavors, with millions of dollars’ worth of development in the pipeline. This expansion underscores our commitment to driving positive change and fostering inclusive, vibrant communities through strategic, development-driven initiatives.

SERVICES

We assist our Clients in maintaining their project vision and controlling their own destiny in two distinct ways. We provide Technical Assistance and Training through our real estate advisory practice. We help Client’s create systems and processes that allows them to focus on developing their core business while we develop their real estate business model.

NREUV can provide this level of expertise because it practices real estate development for its own account every day.

- NREUV provides real estate advisory services for non-profits, government agencies, investors and both private and institutional developers. Our advisory services include: Financial Modeling, Financial Feasibility, Development Strategy, Development Team Formulation, Development Team Selection and Contract Negotiation, Deal Structuring, Owner’s Representative, Development Consulting.
REAL ESTATE ADVISORY
- NREUV specializes in providing these organizations with development capacity, generally on a temporary basis. This entails providing all services under the Real Estate Advisory Service model but on a more global basis or on a dedicated project basis. Our Development Management service includes managing an individual project or managing a portfolio of projects.
DEVELOPMENT MANAGEMENT
- Construction Services are provided under the NREUV Contracting brand. http://nreuvcontracting.com/ NREUV provides construction management, FFE, flooring material and installation, HVAC/Plumbing supplies and project labor.
CONSTRUCTION
- NREUV also participates as a development partner in a variety of partnerships. NREUV’s capabilities includes development planning, structuring financing and overall transaction execution thereby adding measureable value to any project partnership.
DEVELOPER-OWNER
- NREUV can structure the financing of your project by setting up a financial model that can be used to secure loans, institutional equity, tax credit equity and any other available sources including new market tax credits.
Financial Modeling
- An affiliate of NREUV, is an economic inclusion program that includes workforce and small, WBE, MBE, Section 3 business preparation program that assist public agencies and private developers maximize the most valuable asset we have -- Community Capital. projectcommunitycapital.net
Project Community Capital