Meritus Property Group, LLC, established in 1991, is a dedicated team of professionals specializing in commercial and multifamily management. Founded as Venerable Group, Inc. by Art DeMuro, the company focused on adaptive reuse and historic restoration. Venerable became well-known for its significant contributions to historic properties in Portland, including the Minnesota Hotel and White Stag Block. Following DeMuro's passing in 2012, the company transitioned to Meritus Property Group in 2020 under the leadership of Craig Kelly, allowing DeMuro's vision for property management excellence to continue.
Meritus operates across the greater Portland metro area, extending into Washington with operations in retail, commercial, industrial, and multifamily sectors. The company's commitment is centered around enhancing asset value, operational efficiency, and tenant satisfaction. They understand the complexity of various asset classes, employing their extensive knowledge and experience to maximize value, whether it’s through managing historic restorations or modern apartment buildings.
Meritus Property Group prides itself on its responsiveness to maintenance issues, ensuring tenant satisfaction and retention. As a part of the Ethos family of companies, Meritus is not just a property manager but a valued operational partner, fostering long-term relationships by understanding client needs. By emphasizing high standards in maintenance, operations, and reporting, Meritus continues to be a significant player in Portland and the surrounding regions, dedicated to stewardship of the built environment and enhancing community character.
