History
Trammell Crow Residential ("TCR") is America's premier multi-family real estate firm. TCR entities develop, construct and acquire multi-family rental and condominium communities of the highest standards. TCR was formed in 1977 by combining a group of Trammell Crow Residential enterprises. Charlie Brindell, President and Chief Executive Officer, assumed leadership of the enterprise in 2008. Charlie has served for over 27 years with Trammell Crow affiliated companies. TCR's headquarters is located in Dallas, Texas.
Mr. Trammell Crow began his real estate career in 1948 by building warehouses in Dallas, Texas. His strategy at the time was to capitalize each transaction through the use of joint venture capital and Trammell shared ownership with local partners. This strategy became a hallmark of the organization which grew from Trammell's early activities to one of the world's premier real estate enterprises. Mr. Crow passed on family involvement in TCR and other family investments to his son, Harlan R. Crow. The family remains an active investor in virtually all real estate sectors.
Since inception, TCR has developed over 225,000 multi-family units in most major markets across the country. The firm is regarded as the industry leader in development and construction of high quality multi-family assets. TCR is the only national full-service, multi-family company which has been in business for over two decades.
TCR does business in partnership form, much the same way that Trammell Crow started some fifty years ago. By having TCR executives as owners in the business, everyone's incentives are aligned to share in profits as well as losses. The opportunity to control one's own destiny and create personal wealth has attracted, and continues to attract, outstanding real estate entrepreneurs.
TCR organizes its business geographically. A specific geographic focus allows the executives to be "local experts" and puts them in a position to take advantage of the local opportunities they typically see before others because they are working locally every day. This local real estate expertise is coupled with key national operating procedures and standards, as well as capital from the senior executives along with national financial relationships. The combination is powerful! Our executives are able to leverage off the reputation and the good ideas that they produce in various parts of the country as well as financial relationships that bring capital to bear on great local opportunities - a winning formula.
