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It’s the way we think
that sets us apart.

TMG Partners has been in the business of developing award-winning, financially-successful, community-based real estate for 39 years. As much as we have accomplished over the last three decades, we believe it is the way we THINK about our region, the risks we manage, the critical timing of our projects and the value we create that sets us apart.

Localism

Real Estate is
a local business.

No, really.

The San Francisco Bay Area is an extremely diverse real estate marketplace with countless micro-business climates teeming with possibility. But you have to be here—and know here—to make the most of the opportunities all around us. Having been exclusively committed to the Bay Area for over three decades, we have developed a keen local intuition which gives us a unique advantage in recognizing both the opportunities and risks in this complex market.

Regionalism

We Think
Mega

If we try to solve our land use problems by focusing only on the nine Bay Area counties, we will fail.

Michael CovarrubiasChairman & CEO

As the Bay Area’s economy has grown over the last three decades, so too has its challenges—particularly related to transportation, housing, affordability and climate change. To plan for growth of 4 million more people in the next third of a century, TMG is thinking bigger, beyond our nine Bay Area counties, and working on longer term strategies to create greater connectivity across our entire megaregion.

Timing

It’s got to work at low tide as well as high tide.

Some of our best deals are the ones we didn’t do.

Matt FieldChief Investment Officer

Almost anyone can make money in a positive economic climate. But it takes discipline, depth of market knowledge and experience in all major product types to know when to buy and when to sell. The most profitable deals can be the ones you decide just don’t make sense or are outbid by an “out of town” competitor. Because we are active in our markets on a daily basis, TMG Partners has managed a portfolio through 39 years of market cycles that works in all phases and has withstood the sands of time.

Vision

huh?

Once it’s obvious, it’s too late.

Cathy GreenwoldSenior Advisor

If you wait for the statistical proof to confirm real estate opportunities, you’re looking backwards. TMG Partners has cultivated an approach to studying the business landscape that reveals market opportunities before they become obvious. Our contrarian investment strategy balances optimism and caution with the intent of turning forward-looking investments into no-brainers.

Returns

Redefining IRR

Our measure for success goes beyond profit.

Lynn TolinChief Operating Officer

Most investment professionals have a clear understanding of IRR: Internal Rate of Return, a purely financial measurement of performance. At TMG we use a different definition. For us, IRR means balancing Integrity, Relationships and Results. We measure every aspect of our business through this lens to ensure our partners, communities, tenants and buyers are treated with the highest degree of respect and responsibility while we consistently deliver superior financial performance.

Think

Localism

Regionalism

Timing

Vision

Returns

Close

Close

News & Awards.

TMG Partners has won awards for many projects
including honors for “Best Mixed Use,”
“Best Office,” and “Best Historic Rehabilitation”.

In the News. Press Releases. Awards.

October 1, 2010

San Francisco Business Times

TMG to build rentals in Emeryville next year

by J.K. Dineen

The first component of the project to seek approvals is a 190-unit, five-story apartment building at the corner of 64th Street and Christie Avenue.

The residential project will be the first component of the larger Marketplace redevelopment, which will transform an existing 14-acre retail and office site into a dense, pedestrian-friendly and transit-oriented neighborhood.

"We're excited to get this project going," said Denise Pinkston, a partner with TMG. "Rental housing is the product type that makes the most sense right now."

Emeryville approved the master plan for the site in 2008 and subsequent components will be approved individually. The City Council will vote on the final approval for the apartment project at its Oct. 19 meeting.

"It's going to be bring more residential and more affordable units into Emeryville," said Helen Bean, the city's director of economic development.

The project, designed by Steinberg Architects, will sit on the northern corner of the Marketplace site and is across the street from another large apartment building, BRE Properties Inc.'s Avenue 64. That part of the property now has two vacant warehouse buildings on it that will be torn down.

TMG declined to state a cost estimate for the apartment building. The project has already lined up $5 million from Proposition 1C funds, a state fund for transit-oriented housing. The developer is also seeking a $5 million grant from Emeryville's affordable-housing fund.

The project has received several accolades already: It was certified a LEED neighborhood design project by the U.S. Green Building Council and was designated as one of 13 Catalyst Projects for California Sustainable Strategies Pilot Program. The state designation makes the project eligible for other grants and subsidies.

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