Trinity Property Group

What Trinity Property Group does

Trinity Property Group (TPG) is a privately held commercial real estate investment, development, and management firm founded in 2007 and headquartered in Doylestown, Pennsylvania, with a Southeast Regional Office in Sarasota, Florida. The firm is organized as Trinity Property Group, LLC and operates without disclosed institutional investors or external parent company backing. TPG's principals—Clyde "Chip" Leaver III, Jeffry Hirschoff, and Anthony Triglia—have collectively developed, renovated, and operated more than 5,000 student and conventional residential rental units across the Mid-Atlantic, Southeastern, and Southern United States, with cumulative portfolio value exceeding $640 million and more than $550 million in multifamily acquisitions across nine states.

TPG's business model centers on acquiring stabilized, value-add (with light to moderate rehabilitation), and distressed multifamily apartment and student housing assets, holding them for medium to long-term ownership horizons. The portfolio comprises 12+ discrete properties spanning two product lines: conventional multifamily apartments (including 977-unit East Ponce Village in Stone Mountain, GA, 230-unit Trivela in Port St Lucie, FL, and 264-bed 551 North in Willow Grove, PA) and the branded "College Town" student housing portfolio (570 beds at USF, 514 beds at Coastal Carolina, 472 beds at USC, 348 beds at Texas State, and 72 units at University of Delaware). Revenue is generated through rental income from these owned assets, with a stated operational emphasis on tenant satisfaction and retention and a philosophy of balancing entrepreneurial execution with institutional-level operations.

TPG serves two interrelated customer segments: real estate investors seeking exposure to professionally managed multifamily and student housing investment opportunities (distributed via a direct sales-led model with an investor login portal at investors.trinity-pg.com), and student housing residents and conventional apartment renters at university-affiliated and suburban properties. The firm's go-to-market is sales-led and direct, with no third-party platform distribution, no public pricing or fee schedule disclosure, and no identifiable technology, AI/ML, or proprietary software stack — operating economics are driven by real estate fundamentals (acquisition price, rent growth, renovation capex, and financing terms) rather than software or data monetization.

Name

Trinity Property Group

Legal name

Trinity Property Group, LLC

Website

https://trinity-pg.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Trinity Property Group is a privately held commercial real estate investment, development, and management firm that acquires, renovates, and operates multifamily apartments and student housing assets across the Mid-Atlantic, Southeastern, and Southern United States, serving real estate investors and residential tenants through a portfolio of 12+ properties.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Investment & Property Management

NAICS

Residential Property Managers (531311), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Student Housing Property Management (BPAJAFAF)

akta.pro secondary industry

Off-Campus Student Rentals (Scattered-Site/Single-Family) Management (BPAJAJAC)

Keywords

• Multifamily real estate
• Student housing
• Property management
• Real estate investment
• Value-add properties

Headquarters

HQ city

Doylestown

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Others

Revenue model

1. Rental Income from Multifamily and Student Housing: TPG generates revenue through the acquisition, operation, renovation, and management of multifamily apartments and student housing properties. The company focuses on stabilized, value-add with light to moderate rehab, and distressed assets, with a goal of medium to long-term ownership.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Trinity Property Group is a commercial real estate investment, development, and management firm that acquires, operates, renovates, and manages multifamily apartments and student housing properties in the Mid-Atlantic, Southeastern, and Southern United States. The firm targets stabilized, value-add, and distressed residential rental assets with a goal of medium to long-term ownership and an operational emphasis on tenant satisfaction and retention. Its principals have developed, renovated, and operated more than 5,000 student and conventional residential rental units collectively valued at over $640 million.

Product overview

Trinity Property Group operates a diversified portfolio of residential real estate assets across the Mid-Atlantic, Southeastern, and Southern United States. The company manages two primary product lines: conventional multifamily apartments (including Glenbrooke Apartments, Trivela-Port St Lucie, East Ponce Village, 551 North, Rolling Hills, The Villages at Laurel Meadows, and Townhomes at 770) and student housing under the College Town brand (College Town On The River, College Town @ Texas State, College Town @ Coastal, College Town @ USF, and The Varsity Townhomes). The company acquires stabilized, value-add, and distressed assets, with a focus on medium to long-term ownership, repositioning through renovation and rehabilitation, and tenant satisfaction and retention.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Apartment Communities A diversified portfolio of conventional multifamily apartment communities across the Mid-Atlantic, Southeastern, and Southern United States, including East Ponce Village (977 units, Stone Mountain, GA), Trivela — Port St Lucie (230 units, FL), Townhomes at 770 (168 units), The Villages at Laurel Meadows (156 units, Bartow, FL), Rolling Hills (152 units, Tallahassee, FL), The Varsity Townhomes (72 units, Newark, DE), 551 North (264 beds, Willow Grove, PA), and Glenbrooke Apartments (40 units, Sarasota, FL). Targets stabilized, value-add, and distressed assets for medium to long-term ownership with an emphasis on tenant satisfaction and retention.
• Student Housing Communities (College Town Brand) A portfolio of purpose-built student housing communities operated under the College Town brand, including College Town @ USF (570 beds near University of South Florida, Tampa, FL), College Town @ Coastal (514 beds near Coastal Carolina University, Conway, SC), College Town On The River (472 beds near University of South Carolina, Columbia, SC), and College Town @ Texas State (348 beds near Texas State University, San Marcos, TX). Properties are professionally managed with tenant-focused operations and are positioned near major universities for student residents.
• Real Estate Investment Services Acquisition, underwriting, financing, and deal structuring services for stabilized, value-add, and distressed multifamily and student housing assets. Offered to real estate investors and capital partners seeking institutional-quality exposure to US residential rental real estate across the Mid-Atlantic, Southeastern, and Southern regions.
• Property Management Services Day-to-day property management of multifamily apartment and student housing communities, including leasing, tenant relations, maintenance, and operational policies. Delivered under the leadership of the Principal | Director of Operations & Asset Management with an emphasis on tenant satisfaction and retention.
• Asset Management Services Portfolio-level asset management, accounting, and investor relations services for the firm's multifamily and student housing portfolio. Includes monitoring of asset performance, financial reporting, and ongoing investor communications delivered through the firm's investor portal at investors.trinity-pg.com.
• Property Renovation and Rehabilitation Services Light to moderate value-add renovation and rehabilitation of acquired multifamily and student housing assets, executed to drive income growth and repositioning returns. Supports the firm's value-add investment strategy across stabilized, value-add, and distressed asset acquisitions.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• The Related Companies: Large diversified real estate development and investment firm with a substantial multifamily portfolio (Related Companies / Related Management). Comparable in multifamily ownership and management, though operating at significantly greater scale and broader portfolio scope.
• JLL (Jones Lang LaSalle): Global professional services firm specializing in real estate and investment management, including multifamily and student housing services. Comparable as a multifamily property manager and capital markets advisor, though significantly larger and more diversified.

Direct peers

• Morgan Properties: Privately held multifamily investment and management company with a large, geographically diversified apartment portfolio. Comparable as a multifamily-focused operator with active acquisition strategy and institutional-quality operations.
• Cardinal Group Management: National student housing and multifamily management firm. Comparable in its combined focus on purpose-built student housing and conventional apartment operations across multiple U.S. regions.
• Bell Partners: Privately held multifamily investment and management firm operating a large portfolio across the U.S. Highly comparable in business model — acquire, renovate, and operate multifamily assets — and in mid-Atlantic/Southeast regional presence.
• Campus Apartments: Student housing owner, operator, and developer with decades of experience. Directly comparable as a purpose-built student housing operator near major universities with similar investor-funded capital model.
• Balfour Beatty Campus Solutions: Purpose-built student housing developer and operator. Comparable as a specialist in on- and off-campus student housing near major U.S. universities with a long-term ownership approach.
• Bozzuto Group: Privately held multifamily development, investment, and management firm with strong presence in the Mid-Atlantic and Southeast. Comparable in regional footprint, multifamily focus, and integrated owner/operator model.
• CA Ventures (CA Student Living / CA Residential): Vertically integrated real estate investment firm with significant student housing and multifamily operations. Comparable as a developer, owner, and operator of purpose-built student housing near universities with an investor capital model.
• Greystar Real Estate Partners: The largest multifamily property manager and operator in the U.S., with significant student housing exposure through edR (now part of Greystar). Directly comparable as a multifamily and student housing owner/operator with regional focus and investor capital relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Trinity Property Group