Strategic management of distressed and underperforming assets
Opportunistic acquisition and repositioning strategy
Extensive capital improvement oversight through our construction arm, Tarragon Development
Use of dynamic pricing models and inventory management systems
Ongoing analysis of the local market dynamics including monthly market surveys, absorption trending
New development management
Since 1997, Tarragon Corporation developed approximately 5,000 rental multifamily apartment homes and condominium residences.
Tarragon Corporation created its integrated management company Tarragon Management (TMI) as their exclusive management entity.
Tarragon Management (TMI) operates apartment homes nationwide both developed and acquired by Tarragon Corporation.
Strong, local presence and critical mass in key states throughout the Eastern Seaboard:
Consistently high physical occupancy levels in both stabilized and challenged markets
Results driven experience in new construction lease-up assets; record breaking stabilization rates
Acquisitions and turnaround of underperforming assets; high tenant and employee retention rates
Tarragon ranks 4th out of over 40 top companies in the Nation, 1st Quarter 2009 Ellis Shopping Results
First Coast Apartment Association Circle of Excellence Award: Marketing Concept of the Year
Tarragon ranks 3rd out of over 40 top companies in the Nation, 1st Quarter 2008 Ellis Shopping Results
Pillars of the Industry, Property Manager of the Year 2006, Linda Brooks-Cason Estates
Named "2004 Management Company of the Year", by the Connecticut Apartment Association
"Property Manager of the Year", CTAA 2004, Nutmeg Woods Manager
"Nutmeg Award of Excellence", CTAA 2004, Sagamore Hills
"Regional Manager of the Year", FCAA 2003 and 2004, Jacksonville
NAHB 2003 Finalist in categories: Best Garden Rental Apartment Community, Best Overall Sales or Leasing Campaign, and Best Brochure for an Apartment Community
"Affordable/Conventional Community of the Year", FCAA 2003 and 2004
"Property Beautification Award", Vintage at the Park (2001) and Vintage at Madison Crossing (2002-2004)
Multiple record-breaking lease-ups in only 7 months