The story of how real estate investment firm TJM Properties put itself in position to acquire, fix up and run a large bundle of full-service hotels nationwide starts at the end, in retirement.
The Oaks of Clearwater is a fifteen-story high-rise located on the intercoastal waterway of Clearwater Beach, Florida. It is owned and managed by TJM Properties, an acquisition and management firm specializing in hotels and senior living.
A Clearwater real estate developer has closed on the purchase of Harrah’s Tunica, a 2000-acre resort complex in Tunica, Mississippi.
The owners of TJM Properties bought the property from Harrah’s parent company, Caesar’s Entertainment Corp., which shuttered the casino resort back in June 2014.