TJM Properties and affiliates formerly known as McCarthy Properties, has acquired, managed, brokered and developed real estate since 1979. The companies have acquired, developed and sold over 850 properties in Florida. These properties range from single family homes to seventeen story downtown buildings. The company had concentrated on downtown properties converting old historic hotels into Adult Congregate Living Facilities. It purchased its first hotel in 1984 and opened it as an Independent and Assisted Living center in downtown St. Petersburg. Within a year they had purchased two more facilities in St. Petersburg and one in Sebring.
The company maintained this operation while its housing division, Southside Contractors, Inc. purchased older homes and renovated them for resale. In the late 1980’s, Southside Contractors averaged over one hundred homes per year in Tampa, St. Petersburg, Clearwater, Orlando and Sebring markets. During the 1990’s the company turned its concentration back to purchasing older downtown hotels and apartment buildings, converting them to Independent Living facilities with the purchase of six hotels and two apartment buildings in the heart of downtown St. Petersburg. These facilities are managed through the main office at 225 3rd Street, North in St. Petersburg. All of the St. Petersburg properties are within two blocks of the central office.
In 2001, TJM Properties purchased two towers in downtown Clearwater, selling the vacant thirteen-story tower and redeveloping the fifteen-story tower into what is its marquis property, The Oaks of Clearwater, which is located downtown on Clearwater Bay.
TJM Properties is continuing to expand its holdings with an aggressive acquisition plan. The Clearwater regional team, located at 5801 Ulmerton Road, Suite 200, 33760, Clearwater, Florida, is actively pursuing the acquisition of additional Independent and Assisted Living facilities in the Eastern United States.
Targeted markets include the areas of the properties we currently own described below.
The Oaks of Clearwater, Clearwater, Florida - a 320 unit retirement community consisting of independent, assisted and skilled Nursing on five + acres in downtown Clearwater with over 500 feet on the Inter coastal Waterway.
Spring Haven Retirement Community, Winter Haven, Florida - a 298 unit retirement community consisting of independent and assisted Living residents on 17 ½ acres with waterfront over 1000’ on beautiful Lake Hartridge and the Winter Haven chain of lakes.
The Courtyards at Berne Village, New Bern, North Carolina - 158 unit independent and assisted living facility located in the historical town of New Bern, North Carolina.
Forest Oaks, Spring Hill, Florida - a 145 bed assisted living facility located in one of the fastest growing areas of Florida.
Bradenton Oaks, Bradenton, Florida - a 113 unit, 145 bed assisted living facility located one mile from Manatee Memorial Hospital and downtown Bradenton, Florida.
Lake Morton Plaza, Lakeland, Florida - 126 unit high rise independent and assisted living facility overlooking a beautiful group of lakes in the heart of downtown Lakeland, Florida.
Spring Oaks, Brooksville, Florida - a 100 bed assisted living facility located on Highway 50 just off the Veteran's Highway.
Southern Gardens, Lake Alfred, Florida - a converted 95 bed assisted living facility once the historic Lake Alfred Resort Hotel.
Renaissance Retirement Community, Sanford, Florida - a 95 unit, 115 bed independent and assisted living facility located just off highway 417 adjacent to Lake Alda.
The Grande, Brooksville, Florida - a 75 unit independent and assisted living facility located adjacent to downtown Brooksville, Florida. This property opened in October, 2008.
Carriage Hill, Bedford, Virginia - a 95 unit independent, assisted, and memory care program community. It consists of two buildings, Mountainside and Peaksview, located on 15 acres of property situated near the Blue Ridge Mountains of Virginia and the D-Day Memorial in Bedford.
Sunset Lake Village, Venice, Florida - a 92 unit assited and memory care community that utilizes a "neighborhood" concept, with with nine separate neighborhoods in place.
Village Place, Port Charlotte, Florida - a 92 unit assited and memory care community that utilizes a "neighborhood" concept, with with nine seperate neighborhoods in place.
Emerald Park, Hollywood, Florida - a 78 unit assisted living community located adjacent to the Hard Rock Hotel & Casino and the Florida turnpike.
Summerfield, Bradenton, Florida - a 119 unit assisted and memory care unit located in the heart of Bradenton.
Balmoral, Lake Placid, Florida - a 120 unit assisted and memory care community lacated 15 minutes south of Sebring, Florida.
Overall, the company has 2000 units of Senior Living.