What TRG Management Company does

TRG Management Company, LLLP is a Florida-based property management firm and wholly-owned subsidiary of Related Group, founded in 1984 and headquartered in Weston, FL. The company manages a portfolio of over 100 rental communities comprising approximately 20,000 units across Florida, Georgia, North Carolina, and Arizona, with regional offices in Tampa, Atlanta, Raleigh, and Phoenix. Its portfolio spans the full housing spectrum — luxury rentals (organized under sub-brand series including Town, Manor, Icon, Wynwood, Gallery, and Biscayne), workforce and affordable housing under LIHTC, Bond, and other subsidized programs, and mixed-income mixed-use developments such as the 465-unit Magnus Brickell — alongside garden, mid-rise, and high-rise product types.

The company delivers end-to-end property management services: full-service operations (leasing, maintenance, compliance, training), construction and rehab management, acquisition and disposition due diligence, asset management, and joint venture structuring for both residential and commercial developments. Underlying technology is described generically as a property management platform for multifamily housing operations; no proprietary technology stack, patents, APIs, or AI/ML capabilities are disclosed. Revenue is generated through managed-services fees on owned Related Group assets and on third-party fee-managed portfolios; pricing is not publicly disclosed. The company employs over 400 management professionals, led by Co-Presidents Doreen Jaworski and Marilyn Pascual, and operates within the corporate parent structure of Related Group rather than as an independent capital-raise entity.

Name

TRG Management Company

Legal name

TRG Management Company, LLLP

Website

https://trgmanagementcompany.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

TRG Management Company is a Weston, FL-based property management subsidiary of Related Group that operates over 100 rental communities comprising roughly 20,000 units of luxury, workforce, and affordable housing across Florida, Georgia, North Carolina, and Arizona, delivering full-service operations, compliance, and asset management.

Ownership category

akta.pro rank

Product category

Multifamily Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Management Services (8741)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Multifamily property management
• Luxury apartment rentals
• Affordable housing management
• Workforce housing
• Real estate management services

Headquarters

HQ city

Weston

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Revenue generated from managing owned and fee-managed rental communities across multiple states

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

TRG Management Company is a full-service property management firm managing a portfolio of over 100 rental communities and approximately 20,000 units across Florida, Georgia, Arizona, and North Carolina. The company delivers leasing, maintenance, compliance, marketing, asset management, and development services for both owned (Related Group-affiliated) and third-party fee-managed multifamily portfolios spanning luxury, affordable, and workforce housing.

Product overview

TRG Management Company is a property management firm and subsidiary of Related Group that manages a portfolio of over 100 rental communities spanning approximately 20,000 units. The company operates a multi-tiered product architecture encompassing luxury rentals (under brands including Town Series, Manor Series, Icon Series, Wynwood Portfolio, and the Gallery mixed-income series), as well as affordable and workforce housing properties. Services include full-service property management, creative marketing and training support, compliance management, construction and rehab management, acquisition and disposition due diligence, asset management, joint venture opportunities, and residential and commercial development management. The portfolio covers garden-style, mid-rise, and high-rise properties across Florida, Georgia, Arizona, and North Carolina.

Differentiator

Problem solved

Functional benefit

Brands

• TRG Management Company: Full-service property management company managing residential communities including luxury rentals, affordable housing, and workforce housing properties.

Products and services

• Luxury Rentals Portfolio Portfolio of luxury apartment communities offering high-end finishes, resort-style amenities, and premium living experiences spanning the Town Series, Manor Series, Icon Series, Wynwood Portfolio, Gallery Series, Biscayne Series, and individual luxury properties (e.g., The Dorsey, Wynwood 25, Highley House, Manor Miramar, Manor Hialeah, Icon Marina Village, Veneto Las Olas, The Exchange Lofts, Harbour at New River, and Magnus Brickell) across Florida, Georgia, Arizona, and North Carolina markets.
• Affordable and Workforce Housing Portfolio Subsidized, workforce, and affordable housing communities operated under LIHTC, Bond, and various mixed-income affordable programs. The portfolio serves residents across multiple income levels and includes mixed-income Class-A communities (e.g., the Gallery series and Magnus Brickell) that combine workforce, market-rate, and affordable units.
• Full-Service Third-Party Property Management Comprehensive third-party property management services delivered to external property owners and investors (beyond TRG's owned portfolio). Service scope covers leasing and maintenance, compliance management and consulting, creative marketing and training, construction and rehab management, acquisition and disposition due diligence, asset management, joint venture opportunities, and residential and commercial development management.

Quantifiable outcome

• TALi Awards - recognized for highest resident loyalty scores nationwide based on resident feedback and satisfaction
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and major.

• Related GroupcoreOthersRelated Group is the parent company of TRG Management Company LLLP. Founded in 1979, Related Group is one of Florida's largest and most successful real estate development firms, known for luxury high-rise developments and urban mixed-use projects.
• Related UrbancoreStrategic or Co-development PartnerRelated Urban is the urban development arm of Related Group. TRG manages properties developed by Related Urban, including Magnus Brickell - the largest single-phase public-private development in Miami-Dade County, a mixed-income mixed-use transit-oriented development.
• Miami-Dade County Public Housing & Community DevelopmentmajorStrategic or Co-development PartnerPublic-private partnership for workforce and affordable housing developments including Magnus Brickell and Gallery at West Brickell, providing units set-aside for affordable and workforce housing at various AMI levels.
• Miami-Dade County Public SchoolsmajorStrategic or Co-development PartnerPartnership for mixed-use developments co-located with educational facilities, such as Magnus Brickell which includes a new urban K-8 public school within the development.
• RybovichmajorStrategic or Co-development PartnerPartnership with world-renowned Rybovich at Icon Marina Village site, their Superyacht Marina, representing the first phase of a 19+-acre integrated master development in West Palm Beach.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Asset Living: Asset Living is one of the largest third-party multifamily managers in the U.S., managing over 300,000 units including a significant affordable housing portfolio. Comparable to TRG in offering full-service property management plus affordable/LIHTC compliance, with substantially greater geographic and unit scale.
• Camden Property Trust: Camden is a publicly-traded multifamily REIT that both owns and operates ~172,000 apartment homes across the Sun Belt. Comparable to TRG in Sun Belt geographic focus and luxury multifamily operations; differs in primarily owning rather than third-party managing, and has publicly traded financial visibility.
• Greystar Real Estate Partners: Greystar is the largest multifamily property management company in the world, managing ~800,000+ units globally across conventional, affordable, and student housing. Directly comparable to TRG in serving institutional owners with full-service property management; differs in scale, national reach, and tech platform maturity.
• Lincoln Property Company: Lincoln Property Company is one of the largest diversified real estate firms in the U.S., managing a substantial multifamily portfolio alongside commercial and mixed-use assets. Comparable to TRG in third-party multifamily management for institutional owners, with far greater scale and service breadth.

Direct peers

• Bozzuto Group: Bozzuto is a privately-held multifamily property management, development, and construction firm managing ~120,000 units with a strong luxury and mixed-use focus. Comparable to TRG in luxury multifamily management and East Coast/Sun Belt geography; differs in greater in-house development capability.
• Bell Partners: Bell Partners is a privately-held multifamily investment and management firm operating ~80,000 units across the U.S. Directly comparable to TRG as a private, third-party multifamily manager with conventional and affordable portfolios; larger and more geographically diversified.
• RPM Living: RPM Living is a large U.S. third-party multifamily property manager with ~250,000 units across conventional and affordable housing. Closely comparable to TRG in product mix (luxury, market-rate, affordable), fee-based revenue model, and target customer (institutional property owners), with national versus regional Sun Belt focus.
• FPI Management: FPI Management is a privately-held multifamily property manager with a significant conventional and affordable housing portfolio across the western and southern U.S. Closely comparable to TRG in affordable/LIHTC specialization, third-party fee model, and Sun Belt/Western footprint, though FPI is the larger of the two.
• Berkshire Residential Investments: Berkshire Residential Investments is a privately-held multifamily investment and management firm overseeing ~80,000 units of conventional and affordable housing. Directly comparable to TRG in third-party fee management model and Sun Belt concentration, though Berkshire has a stronger capital/reinvestment function.
• Atlantic Pacific Companies: Atlantic Pacific is a privately-held multifamily real estate company managing ~50,000+ units of conventional, affordable, and student housing across the U.S. Closely comparable to TRG in affordable housing expertise and Sun Belt footprint; one of TRG's VPs was previously a senior leader at Atlantic Pacific.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/trgmanagementco
• Facebookfacebook.com/TRGApartmentManagement
• LinkedInlinkedin.com/company/trg-management-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 TRG Management Company