Tishman Construction Group
Tishman is a privately held, family-controlled real estate and investments firm founded in 1898, operating a vertically integrated platform spanning hotel ownership (7,172+ keys), commercial real estate development, advisory services (TRESCO), and alternative investment management (TCP) for institutional and high-net-worth clients.
- Company typePrivate
- Founded1898
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Tishman Construction Group does
Tishman is a privately held real estate and investments organization founded in 1898, operating through four core entities: Tishman Realty (vertically integrated real estate ownership, development, and operations), Tishman Capital Partners (a Registered Investment Advisor managing alternative investment funds), Tishman Real Estate Services/TRESCO (commercial real estate advisory), and Tishman Hotel Corp (hotel asset management). The firm owns and operates a hotel portfolio of 7,172+ keys across 13+ properties in the US, including the Walt Disney World Swan, Dolphin, and Swan Reserve complex, plus branded assets under Marriott, Hilton, and InterContinental flags. Tishman Realty also develops and repositions office, retail, and residential assets, with $15B+ in transactions structured through TRESCO and $8B+ in debt and equity sourced across the portfolio.
The business model combines direct real estate ownership and operations (generating rental income, hotel operating revenue, and asset appreciation) with fee-based advisory services through TRESCO and asset management fee streams through Tishman Capital Partners' alternative investment funds, including a $232.5M Special Situations Credit Fund (launched 2020, unwound 2022) and a $300M Qualified Opportunity Zone Fund (launched 2021). Tishman has offices in New York, Chicago, and Orlando, and serves institutional investors, high-net-worth individuals, corporate tenants, and franchise/brand partners. The firm is family-controlled (Tishman and Vickers families), with Dan Tishman as Chairman and John Vickers as CEO; the original construction business was divested to AECOM in the 2010s, and the remaining entity was rebranded Tishman Realty.
Tishman Construction Group firmographics
Firmographics- Name
- Tishman Construction Group
- Legal name
- THR Management LP
- Website
- https://tishman.com
- Company type
- Private
- Founded year
- 1898
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Tishman is a privately held, family-controlled real estate and investments firm founded in 1898, operating a vertically integrated platform spanning hotel ownership (7,172+ keys), commercial real estate development, advisory services (TRESCO), and alternative investment management (TCP) for institutional and high-net-worth clients.
- Ownership category
- akta.pro rank
Tishman Construction Group industry classification
Industry- Product category
- Commercial Real Estate Investment and Development
- NAICS
- Offices of Real Estate Agents and Brokers (5312), All Other Financial Investment Activities (52399), Trust, Fiduciary, and Custody Activities (523991), Other Financial Vehicles (52599)
- SIC
- Real Estate (6500), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF) (FSAHAKAG)
- akta.pro secondary industry
- Estate Planning, Trust Structuring & Governance (FSAAADAF)
Keywords
Where Tishman Construction Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Tishman Construction Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Real Estate Investment and Development: Tishman acquires, develops, repositions, and operates real estate assets across hospitality, retail, office, and residential sectors. Revenue is generated through asset appreciation, rental income, and capital gains on investment properties.
- Hotel Ownership and Management: Tishman operates hotels across the United States through Tishman Hotel Corp, providing asset management services for its own portfolio and select third-party clients. The firm generates revenue through hotel operations including rooms, food and beverage, and meeting/event spaces.
- Real Estate Advisory Services (TRESCO): Tishman Real Estate Services (TRESCO) provides strategic commercial real estate advisory services including development management, investment advisory, acquisition property management, tenant and landlord representation, commercial leasing, and management services for external clients.
- Investment Management: Through Tishman Capital Partners (TCP), a Registered Investment Advisor (RIA), the firm manages alternative investment funds including credit opportunities funds, opportunity zone funds, and securities investments for institutional and qualified investors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional Investment Management |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Tishman Construction Group product offering
Product offeringCore offering
Tishman is a vertically integrated real estate and investments organization that owns, develops, operates, and invests in real estate assets across hospitality, retail, office, and residential sectors in major US markets. Through Tishman Capital Partners (a Registered Investment Advisor), the firm also manages alternative investment funds including credit opportunities and opportunity zone vehicles for institutional and qualified investors, while TRESCO provides third-party commercial real estate advisory and property management services.
Product overview
Tishman is a real estate and investments firm organized into distinct business units rather than a unified product platform. Tishman Realty serves as the core real estate operating entity, offering development, opportunistic investing, hotel ownership/operation, and leasing/management services (including TRESCO advisory services). Tishman Capital Partners operates as a separate Registered Investment Advisor (RIA) platform managing alternative investments including credit funds, opportunity zone funds, and seed investments in portfolio companies like Quantinno and Outerspace. The hotel portfolio represents owned/operated hospitality assets under major brands (Marriott, Hilton, InterContinental). Transactions have exceeded $15 billion across 12+ million square feet.
Differentiator
Problem solved
Functional benefit
Products and services
- Tishman Real Estate Services (TRESCO)
Quantifiable outcome
- 108% increase in net operating income at 275 Seventh Avenue after repositioning
- +4 more outcomes
Companies that use Tishman Construction Group
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
Tishman Construction Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tishman Construction Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor, core and flagship.
- NorthLight FoundationminorDan Tishman's NorthLight Foundation partnered with Colby College to acquire Port Clyde commercial properties in Maine to rebuild a fire-devastated fishing village, funded by $6 million in NorthLight Foundation grants.
- Cross Lake PartnerscoreTishman Realty and Cross Lake Partners jointly acquired the Wyndham Grand Orlando Bonnet Creek. Cross Lake Partners is a hospitality-focused investment firm, and this partnership represents a core co-investment relationship for hotel acquisitions.
- BIG OutdoorcoreTishman partnered with BIG Outdoor, a national media ad sales company, to rework the digital billboard presence at E-Walk Times Square. The partnership doubled the digital billboard presence with approximately 7,500 square feet of digital-out-of-home canvas.
- Walt Disney WorldflagshipTishman has operated the Walt Disney World Swan & Dolphin Resort complex since the late 1980s, developing additional towers including the Swan Reserve in 2021. This is a flagship multi-decade hospitality partnership.
- Marriott InternationalcoreTishman operates multiple Marriott-branded hotels including Westin New York at Times Square, Aloft Chicago Mag Mile, and Delta Hotels Orlando Celebration under management agreements with Marriott.
- HiltoncoreTishman operates Homewood Suites and Hilton Garden Inn properties near Walt Disney World under franchise agreements with Hilton.
Scale indicators8 records
Recent moves9 records
Expansion highlights4 records
Tishman Construction Group competitors and assessment
Company assessmentDirect peers
- Vornado Realty Trust: Vornado is a NYC-focused REIT that owns, develops, and manages premier office and retail properties in Manhattan — directly comparable to Tishman's NYC concentration and Times Square/E-Walk retail exposure.
- SL Green Realty: SL Green is a Manhattan-focused REIT and real estate operator — comparable to Tishman Realty's NYC commercial office/retail ownership and TRESCO advisory business.
- RXR Realty: RXR is a New York-based private real estate owner, operator, and developer active across office, residential, and hospitality — comparable to Tishman's vertically integrated NY-anchored real estate platform.
- The Howard Hughes Corporation: Howard Hughes develops and operates large-scale, master-planned communities and commercial properties — comparable to Tishman's development and asset management capabilities across hospitality, retail, and residential.
- The Related Companies: The Related Companies is a privately held, vertically integrated real estate firm that develops, owns, and manages mixed-use, affordable, and luxury properties across the US — directly comparable to Tishman's owned-developer-operator model across asset classes.
- Highgate Hotels: Highgate is a leading hotel ownership, management, and investment firm operating major branded and independent hotels — comparable to Tishman Hotel Corp's ownership and asset management of branded hotels including Marriott and Hilton flags.
- Host Hotels & Resorts: Host Hotels is a lodging REIT that owns luxury and upper-upscale hotels under Marriott, Hilton, and Hyatt flags — closely comparable to Tishman Hotel Corp's 13-property, 7,172-key portfolio operated under major brands.
Broad incumbents
- Brookfield Asset Management: Brookfield's Real Estate Group operates a scaled global real estate investment and operating platform with opportunistic, value-add, and core strategies — comparable to Tishman Capital Partners' alternative investment offerings and Tishman Realty's owned portfolio.
- Blackstone Real Estate: Blackstone's real estate division is the largest global RE PE platform, investing across hospitality, office, residential, and credit — comparable to Tishman's vertically integrated real estate ownership plus Tishman Capital Partners' fund management activities.
Emerging players
- Rockpoint Group: Rockpoint is a real estate-focused private equity firm making opportunistic and value-add investments — comparable to Tishman Capital Partners' opportunistic investment strategy and Special Situations Credit Fund approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tishman Construction Group social profiles
Digital presenceTishman Construction Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tishman Construction Group leadership team
Management profileNumber of profiles
Profiles15 records
Tishman Construction Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
Tishman Construction Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tishman Construction Group M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tishman Construction Group
What does Tishman Construction Group do?
Tishman is a vertically integrated real estate and investments organization that owns, develops, operates, and invests in real estate assets across hospitality, retail, office, and residential sectors in major US markets. Through Tishman Capital Partners (a Registered Investment Advisor), the firm also manages alternative investment funds including credit opportunities and opportunity zone vehicles for institutional and qualified investors, while TRESCO provides third-party commercial real estate advisory and property management services.
Is Tishman Construction Group a public or private company?
Tishman Construction Group is a private company. It is classified as family owned and is currently operating.
When was Tishman Construction Group founded?
Tishman Construction Group was founded in 1898. It employs 1 to 10 people.
Where is Tishman Construction Group based?
Tishman Construction Group is headquartered in New York, United States, in the North America region.
How does Tishman Construction Group make money?
Four revenue lines are on record. Real Estate Investment and Development is the primary driver. The others are hotel Ownership and Management, real Estate Advisory Services (TRESCO) and investment Management.
Who are Tishman Construction Group's main competitors?
Direct peers on record are Vornado Realty Trust, SL Green Realty, RXR Realty, The Howard Hughes Corporation, The Related Companies, Highgate Hotels and Host Hotels & Resorts. Broad incumbents are Brookfield Asset Management and Blackstone Real Estate. Rockpoint Group is listed as an emerging player.
Does Tishman Construction Group have an API?
No public API is recorded for Tishman Construction Group.
What industry is Tishman Construction Group in?
Tishman Construction Group's product category is Commercial Real Estate Investment and Development. Its primary akta.pro industry code is FSAHAKAG, Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF), with a secondary code of FSAAADAF, Estate Planning, Trust Structuring & Governance. Its NAICS code is 5312 and its SIC code is 6500.