Meridian Veterinary Real Estate

Meridian Veterinary Real Estate (Meridian) is a Dallas-based firm that specializes in developing, acquiring, and managing real estate and facilities for specialty veterinary hospitals, emergency animal hospitals, pet care facilities, and related animal-health real estate.

Their business model combines deep real-estate development and financing expertise with veterinary-facility specialization: Meridian offers “capital solutions” (including up to 100% financing for real estate acquisition or development, sale/lease-back, joint ventures, or debt financing), plus building solutions covering site selection, design, entitlement, construction, renovation, or ground-up development tailored for animal care practices.

Investors partner with Meridian — often through fund structures — to acquire and operate “hard-asset” veterinary real-estate, with tenants being specialty veterinary practices under long-term triple-net (NNN) leases. Meridian positions these as investment opportunities: offering quarterly distributions, a target internal rate of return (IRR), and potential long-term capital appreciation, while simultaneously addressing demand for advanced veterinary care.