The Procaccianti Group (TPG),
founded in 1964, is a second generation privately‐held real estate
investment and management company with a broad national platform encompassing
all sectors of real estate. Throughout five decades the Company has owned,
developed or managed hundreds of real estate assets in 28 states coast to
coast surpassing 50 million square feet with a market value exceeding $5 billion.
TPG has established an outstanding track record of creating value
by maximizing operating efficiencies of under‐performing and non‐performing
retail, industrial, multi‐family and office assets as well as hotels,
condominium projects, single family homes, restaurants, retail outlets,
parking facilities, mixed‐use developments and convention centers. TPG's
value‐add model is achieved through a fully integrated approach that drives
deployment of the company's aggressive operations, asset management,
financial management, product positioning, and sales & revenue management
strategies.
TPG's track record of delivering strong performance is a direct
result of the company's disciplined approach to real estate
investing and hands‐on management strategies which include:
Skilled Acquisitions Strategy that applies a
methodic approach to real estate investment by acquiring assets
well below replacement cost resulting in a low basis. TPG
concentrates on well‐located assets in growing markets with
stable demand generators as well as off market institutionally
managed/owned assets that under‐perform the competition and
industry profitability norms. Assets undergo a thorough due
diligence process whereby investments are considered based upon
the opportunity for significant performance improvement by
deploying the TPG platform.
Proven Renovation/Repositioning Performance
where TPG can apply decades of design, construction, and product
positioning success to add value, improve customer base, and
enhance product marketability. With nearly 100 renovations,
build‐outs, and completed projects to its credit, TPG has the
ability to have each asset reach its highest and best potential
generating higher yields and appreciation.
Best‐in‐Class Asset Management that maximizes
top line revenue through a combination of aggressive outlet,
rooftop, parking and commercial leasing strategies while driving
bottom line results through real estate tax management, in‐house
legal team, master insurance coverage, and the benefits of
strong purchasing power. TPG Asset Management provides its
services throughout the complete lifecycle of the asset by
closely monitoring, analyzing, and reporting on all aspects of
capital markets, budget, proforma, performance, and hold/sell
opportunities.
Top Performing Hospitality Management has been
a core strength for more than 25 years. Since its first hotel
acquisition in the 1980s, TPG Hospitality has developed a
refined process for managing all aspects of hotel operations and
its track record for success is among the highest in the
industry. TPG Hospitality has managed well-over 100 hotels surpassing
20,000 guest rooms throughout major and sub markets coast to
coast within 28 states. TPG Hospitality has earned the status as
an approved/preferred operator of the industry's leading brands
by controlling costs, maximizing efficiencies, achieving
superior guest scores, and improving margins.
It is through TPG's unique platform of in‐house/hands‐on
experience, and proven ability to tailor its value‐add strategy
across a broad range of real estate investment opportunities that
lenders and partners have repeatedly realized above market
risk‐adjusted returns.
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