Triple Double

Name

Triple Double

Legal name

Triple Double Real Estate

Website

https://tripledoublere.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment & Management

NAICS

Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312), Lessors of Residential Buildings and Dwellings (531110), Lessors of Other Real Estate Property (53119)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Multifamily & Student Housing Asset Management (BPAJAMAD), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

Keywords

• Commercial real estate investment
• Property management services
• Medical office leasing
• Value-add acquisitions
• Real estate brokerage

Headquarters

HQ city

Tamarac

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure

Revenue model

1. Real Estate Investment: Triple Double acquires commercial and residential properties at value-add prices, adds value through leasing, repositioning, renovation, and adaptive re-use, then sells for profit. The company has achieved significant returns on investments, such as Midtown Delray acquired for $22M and sold for $40M.
2. Property Management: Triple Double Property Management and Med Prop Management provide property management services for commercial office, retail, and medical office spaces. Manages over 1 million square feet of commercial space. Revenue generated through management fees.
3. Leasing and Brokerage: Medical Office Brokers (MOB) and Triple Double Realty provide tenant and landlord representation services for medical office and commercial properties. Revenue generated through leasing commissions and brokerage fees.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Triple Double Real Estate is a vertically integrated real estate investment firm that acquires, operates, and manages commercial and residential properties across the United States, with headquarters in South Florida. The firm specializes in value-add strategies including aggressive leasing, repositioning, renovation, adaptive re-use, and hotel-to-residential conversions across asset classes such as medical office, multifamily, hospitality, office, parking garages, industrial, and mixed-use. It supports these activities through in-house property management (Triple Double Property Management, Med Prop Management), brokerage (Medical Office Brokers, Triple Double Realty), and construction (Specialty Construction).

Product overview

Triple Double Real Estate operates as a vertically integrated real estate investment and management firm with multiple product lines. The core offering is the Triple Double Real Estate investment platform, which is supported by specialized divisions including the Urban Asset Team (value-add urban properties), Medical Office Team, Workforce Housing Division, and Historic Adaptive Re-Use Division. Operational support is provided through affiliated property management companies: Triple Double Property Management (commercial office and retail), Med Prop Management (medical office), Medical Office Brokers (medical office brokerage), Specialty Construction (renovations and development), and Triple Double Realty (retail and office leasing). The portfolio also includes Qubed Living (affordable housing solutions), Triple Double HealthCare (healthcare company investments), and Triple Double Investment Group (venture capital and merchant banking). This structure enables the firm to control acquisition, renovation, leasing, management, and brokerage functions internally.

Differentiator

Problem solved

Functional benefit

Brands

• Urban Asset: Team that purchases iconic properties at below replacement cost and strategically adds value through aggressive leasing, repositioning and renovation, and ground-up construction of mixed-use assets in urban settings.
• Medical Office
• Workforce Housing
• Historic Adaptive Re-Use
• Qubed

Products and services

• Triple Double Real Estate Investment Platform Vertically integrated real estate investment platform that acquires value-add commercial and residential properties (medical office, multifamily, hospitality, office, parking garages, industrial, mixed-use) at below replacement cost, adds value through leasing, repositioning, renovation and adaptive re-use, and sells for profit. Targets institutional and JV partners.
• Triple Double Property Management National property management company servicing traditional commercial office buildings and retail spaces, managing over 1 million square feet of commercial space with a hands-on approach to tenant relations and property maintenance.
• Med Prop Management National property management company specializing in the medical office arena, managing healthcare properties while maintaining balance between healthcare practitioners and property owners.
• Medical Office Brokers (MOB) Licensed brokerage firm specializing in medical office tenant representation for medical professionals and landlord representation for property owners, leveraging specialized knowledge of healthcare industry real estate needs.
• Triple Double Realty (TDR) Licensed brokerage firm specializing in leasing retail and office properties, handling both tenant and landlord representation.
• Specialty Construction State-of-the-art construction company that builds and renovates commercial real estate, handling complex projects from new development and build-outs to interior and exterior renovations.
• Qubed Living Innovative flexible-stay affordable housing solution offering short-term suites and long-term homes with no lease requirements, no contracts, and no credit checks, addressing workforce housing through micro-unit developments.
• Triple Double HealthCare Holding company that invests in a wide range of healthcare industry companies, including medical practices, ambulatory surgical centers, and autism-research firms.
• Triple Double Investment Group (TDIG) Boutique venture capital and merchant banking firm specializing in early and seed-round financing investments in emerging technologies and platforms across healthcare, technology, fintech, and blockchain.

Quantifiable outcome

• 75% value increase on Congress Executive Center in under one year (acquired for ~$6.3M, sold for $11M)
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Stonerock Capital PartnerscoreStrategic or Co-development Partner · 1 May 2022Ongoing joint venture partnership with Stonerock Capital Partners, LLC (Deerfield Beach, FL) for property acquisitions. Multiple joint acquisitions including: 3850 Holcomb Bridge Rd, Norcross, GA ($8.15M); Towers of Coral Springs ($10.5M); and two downtown Miami properties (44 W Flagler and 200 SE 1st) for $56.7M combined. This represents their 4th acquisition together in the last year as of May 2022.
• Colliers South FloridacoreStrategic or Co-development PartnerColliers South Florida Investment Services Team represented Triple Double as seller in multiple transactions, including the sale of Congress Executive Center in Boynton Beach, FL for $11M to OrbVest US, Inc.
• Med Prop Management GroupcoreStrategic or Co-development PartnerRelated company (MPMG) providing healthcare property management services, actively managing over 1 million square feet of commercial space. Part of the Triple Double ecosystem of vertically integrated real estate services.
• Triple Double Property ManagementcoreStrategic or Co-development PartnerRelated company (TDPM) providing comprehensive property management services for commercial office, retail, hospitality, and multifamily sectors. Has managed thousands of units and millions of square feet.
• Triple Double Investment Group (TDIG)minorStrategic or Co-development PartnerBoutique venture capital and merchant banking firm specializing in early and seed-round financing investments in emerging technologies and platforms. Invests in healthcare, technology, FINTECH, blockchain, and innovative platforms.
• Triple Double HealthCareminorStrategic or Co-development PartnerHolding company that invests in a wide range of healthcare industry companies, from medical practices and ambulatory surgical centers to autism-research firms.
• Medical Office Brokers (MOB)coreChannel Partner/ Reseller/ DistributorLicensed brokerage firm (medicalofficebrokers.com) specializing in medical office arena, handling both tenant representation for medical professionals and landlord representation.
• Specialty ConstructioncoreImplementation/ SI/ Consulting PartnerState-of-the-art construction company that builds and renovates commercial real estate, involved in complex projects from new development and build outs to interior and exterior renovations. Part of vertical integration strategy.
• Triple Double Realty (TDR)minorChannel Partner/ Reseller/ DistributorLicensed brokerage firm specializing in leasing retail and office properties, handling both tenant and landlord representation.
• Qubed LivingminorStrategic or Co-development PartnerInnovative affordable housing solution providing flexible stay housing with no lease requirements, no contracts, and no credit checks. Focused on workforce housing through micro-unit developments.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Healthcare Realty Trust: Public medical office REIT that acquires and manages outpatient medical facilities nationwide—directly comparable to Triple Double's Medical Office Team and Med Prop Management subsidiary, though operating as an institutional REIT rather than a private operator.
• JLL (Jones Lang LaSalle): Global real estate investment management and services firm offering brokerage, property management, capital markets, and advisory—directly comparable to Triple Double's integrated investment + management + brokerage model, with much greater geographic reach.
• Cushman & Wakefield: Global commercial real estate services firm offering investment sales, leasing, valuation, and property management with a strong healthcare/medical office practice that overlaps directly with Triple Double's medical office focus.
• Colliers International: Global commercial real estate services firm already partnered with Triple Double on the Congress Executive Center sale; offers overlapping investment sales and leasing services in the same Florida/southeast geography.
• CBRE Group: Global commercial real estate services leader providing investment sales, leasing, property management, and capital markets—operates in the same vertical-stack segments as Triple Double and competes for the same medical office and value-add mandates.
• Marcus & Millichap: Large, publicly traded commercial real estate investment sales and brokerage firm that arranges transactions across multifamily, office, medical, and retail—directly comparable to Triple Double's brokerage and investment sales activities, though much larger and national in scale.
• Newmark Group: Publicly traded commercial real estate services firm offering investment sales, leasing, property management, and capital markets advisory—comparable to Triple Double's vertically integrated service offering across office, medical, and multifamily assets.

Direct peers

• Anchor Health Properties: Specialized medical office real estate investment, development, and management firm focused on outpatient healthcare facilities—closely comparable to Triple Double's Medical Office Team and Med Prop Management in both asset class focus and integrated service model.
• Walker & Dunlop: Commercial real estate finance, investment sales, and property management firm specializing in multifamily and healthcare/commercial assets; closely comparable to Triple Double's focus on medical office acquisitions, JV capital deployment, and capital markets activity.
• Stonerock Capital Partners: Deerfield Beach-based private real estate investment firm that has executed four joint venture acquisitions with Triple Double since 2021; operates as both a partner and a directly comparable value-add commercial property acquirer in the same South Florida geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tripledoublere
• LinkedInlinkedin.com/company/triple-double-real-estate
• Instagraminstagram.com/tripledoublere

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Triple Double