TGM Associates
TGM Associates is a fully integrated multifamily real estate investment and management firm serving investor clients through acquisition, asset management, property management, and disposition of apartment communities across the Continental United States, with 141 cumulative property acquisitions totaling approximately $3.7 billion since 1991.
- Company typePrivate
- Founded1991
- HeadquartersNew York, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What TGM Associates does
TGM Associates L.P. is a fully integrated multifamily real estate investment and management firm organized in 1991 and headquartered at 650 Fifth Avenue in New York. The firm operates through wholly-owned subsidiaries including an SEC-registered investment advisor and a property management service provider, and focuses exclusively on acquiring, managing, and selling multifamily apartment communities located in the Continental United States. Through December 31, 2024, TGM has executed 141 property acquisitions across 28 states with aggregate purchase prices of approximately $3.7 billion, with active portfolio investments classified from Class A through Class C and targeting core+ through opportunistic return profiles.
TGM provides investors with a vertically integrated service stack spanning in-house market research, acquisition due diligence, asset management, property management, centralized purchasing, renovations and rehabilitation, general contracting, and disposition. The firm directly staffs and operates all properties in investor portfolios through 30-31 dedicated TGM Communities-branded apartment properties, each with its own consumer-facing website and on-site leasing. The active TGM Communities portfolio spans markets including Florida, Illinois, Virginia, Maryland, Ohio, Indiana, Massachusetts, Connecticut, and Arizona.
The firm is primarily owned and controlled by three managing principals — CEO and President John Gochberg (head of acquisitions, joined 2000, CEO since 2017), CFO Michael Frazzetta (joined 2002), and COO Zachary Goldman (joined 2007, COO since 2019) — each of whom oversees one of TGM's four operating areas (acquisitions, operations, investor relations, and finance). Revenue is generated through professional services fees on multifamily portfolios for institutional and high-net-worth investor clients, sourced through direct principal-level relationships rather than public marketing channels. No external institutional investors or PE backers are disclosed; the firm operates as a privately held limited partnership with 251-500 employees.
TGM Associates firmographics
Firmographics- Name
- TGM Associates
- Legal name
- TGM Associates L.P.
- Website
- https://tgmassociates.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- TGM Associates is a fully integrated multifamily real estate investment and management firm serving investor clients through acquisition, asset management, property management, and disposition of apartment communities across the Continental United States, with 141 cumulative property acquisitions totaling approximately $3.7 billion since 1991.
- Ownership category
- akta.pro rank
Where TGM Associates is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TGM Associates business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Asset Management Services: TGM provides integrated asset and property management services to investor clients through its SEC-registered investment advisor and property management service provider. Revenue is derived from fees for asset management, property management, acquisitions, and disposition services on multifamily communities throughout the Continental United States.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
TGM Associates product offering
Product offeringCore offering
TGM Associates is a fully integrated real estate investment and management firm that acquires, manages, and sells multifamily apartment communities in the Continental United States on behalf of investor clients and for its own account. Through a SEC-registered investment advisor and a property management service provider, TGM delivers in-house market research, acquisition due diligence, asset management, property management, centralized purchasing, renovations, general contracting, and disposition services. The firm staffs and directly operates all properties in investor portfolios across 28 states.
Product overview
TGM Associates is a fully integrated multifamily real estate investment and management firm offering a portfolio of apartment communities branded as TGM Communities. The company provides integrated services including acquisition, asset management, property management, market research, renovations, and disposition for multifamily properties across the Continental United States. The TGM Communities portfolio consists of 30 individual apartment properties spanning multiple states, each operated under the TGM brand with property-specific websites offering leasing and resident services. The portfolio ranges from Class A to Class C properties with investment strategies categorized as core+ through opportunistic.
Differentiator
Problem solved
Functional benefit
Products and services
- Multifamily Real Estate Investment Management Fully integrated acquisition, asset management, property management, market research, renovation, and disposition services for multifamily communities in the Continental United States, delivered on behalf of investor clients and for the firm's own account.
- SEC-Registered Investment Advisory Services Investment advisory services delivered through TGM's SEC-registered investment advisor subsidiary, providing investor clients with regulated investment management oversight for multifamily real estate portfolios.
- Multifamily Property Management Services Direct property management services for multifamily communities, including on-site staffing, leasing, maintenance, marketing, and renovations, delivered through TGM's property management service provider subsidiary across the firm's portfolio of 141 properties in 28 states.
- TGM Communities (Multifamily Apartment Portfolio) Branded portfolio of multifamily apartment communities across the Continental United States, offering residential rental housing through individual property websites and on-site leasing offices. Properties span Class A to Class C and operate in markets ranging from constrained to unconstrained.
Companies that use TGM Associates
Customer profileSegments1 record
Ideal customer profiles1 record
TGM Associates technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TGM Associates partnerships and signals
Strategic signalScale indicators4 records
Recent moves4 records
Expansion highlights3 records
TGM Associates competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
TGM Associates social profiles
Digital presenceTGM Associates financial estimates
Financial estimateRevenue estimate
Valuation estimate
TGM Associates leadership team
Management profileNumber of profiles
Profiles3 records
TGM Associates subsidiaries and ownership
Company hierarchySubsidiaries2 records
TGM Associates funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TGM Associates M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TGM Associates
What does TGM Associates do?
TGM Associates is a fully integrated real estate investment and management firm that acquires, manages, and sells multifamily apartment communities in the Continental United States on behalf of investor clients and for its own account. Through a SEC-registered investment advisor and a property management service provider, TGM delivers in-house market research, acquisition due diligence, asset management, property management, centralized purchasing, renovations, general contracting, and disposition services. The firm staffs and directly operates all properties in investor portfolios across 28 states.
Is TGM Associates a public or private company?
TGM Associates is a private company. It is classified as management employee owned and is currently operating.
When was TGM Associates founded?
TGM Associates was founded in 1991. It employs 251 to 500 people.
Where is TGM Associates based?
TGM Associates is headquartered in New York, United States, in the North America region.
How does TGM Associates make money?
One revenue line is on record: asset Management Services.
Does TGM Associates have an API?
No public API is recorded for TGM Associates.