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 40 years. As much as we have accomplished over the last four 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 four 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 & Co-CEO

As the Bay Area’s economy has grown over the last four 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 FieldCo-CEO

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 40 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 &
Executive Vice President

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.
Bay Area Council
Bernard J. Tyson Elected Bay Area Council Chair

The Bay Area Council Executive Committee and Board of Directors on Wednesday (July 26) welcomed new Chair Bernard J. Tyson, Chairman and CEO of Kaiser Permanente, and applauded the immense legacy of his predecessor, TMG Partners Chairman and CEO Michael Covarrubias, for his two years of strong, focused leadership. The passing of the gavel occurred during a meeting generously hosted by member company and global investment firm BlackRock at their stunning San Francisco office.

During his tenure as Chair, Covarrubias led the organization through a period of significant growth and achievement marked by a series of historic wins in Sacramento to advance the Council’s robust policy agenda. Tyson, who takes the helm as the 38th Chair in the organization’s 72-year history, is a tremendous business leader recognized nationally and regionally. As a longtime member of Council’s Executive Committee and most recently as Vice Chair, he has provided important leadership and engagement across all of the Council’s policy areas.

Council Board Member and BlackRock Vice President Anthony Bassili and Managing Director Debbie McCoy warmly welcomed the group and kicked off the Board meeting. The Board also heard from Tipping Point CEO Daniel Lurie on fighting poverty and chronic homelessness in the Bay Area. Since 2005, Tipping Point has raised more than $150 million to educate, employ, house and support those in need in the Bay Area.

In a series of lively reports, the Board of Directors heard from policy committee chairs on the great progress the Council is making on its lead priority issues. Heller Manus President Jeffrey Heller reported on Commute Improvement; Genentech Vice President Carla Boragno on Workforce Housing; and Union Bank Managing Director Julius Robinson on Workforce of the Future. Special thanks again to BlackRock for hosting us.