Professional and Social Networking
Hobbies & Interests skiing, golf, bikingCharitable Activities
On the Board of : Police athletic league Bon Secours Health Systems, St Petersburg Jounior Magic (basketball club) Donations to hundreds of Charities
Terence J. McCarthy presently serves as President, general partner, and majority stockholder of TJM Properties. In this capacity, Mr. McCarthy directs all aspects of the thriving regional property firm. Headquartered in Clearwater, Florida, TJM Properties functions as a major real estate operation, successfully acquiring, developing, brokering, and managing an array of properties in the area. To date, Terence J. McCarthy’s firm has developed, acquired, and sold more than 850 properties across the state of Florida. Terence J. McCarthy established TJM Properties in 1979. Operating in the real estate development and investment industry since 1978, he has redeveloped numerous offices, hotels, apartments, and retirement communities over the course of his career. He has concurrently developed an array of assisted living facilities across St. Petersburg, Florida, and the surrounding community. Mr. McCarthy has worked in the elderly care sector since 1984. Terence J. McCarthy possesses extensive business experience. He attended the University of Central Florida (UCF), graduating from the Orlando institution’s business school in 1979 with a degree in Business Administration and Finance. He transferred to UCF from the University of North Florida (UNF), where he earned an Associate of Arts. At UNF, he also played basketball on a full scholarship. Terence J. McCarthy maintains a rich personal life as well. In addition to his ongoing responsibilities with TJM Properties, he enjoys an array of recreational interests that include skiing, hiking, and golf. At the same time, he contributes regularly to an array of community organizations. Mr. McCarthy donates to numerous philanthropic groups and sits on the boards of the Bon Secours Health System, the St. Petersburg Junior Magic basketball club, and the local Police Athletic League.
Jan 1979 - Present
ResponsibilitiesTJM 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.AchievementsTerence J. McCarthy - President The majority stockholder and general partner in all the companies and properties, Mr. McCarthy has been in the elderly care business since 1984. Mr. McCarthy has been in real estate development and investment business since 1978. He has redeveloped many hotels, apartments, offices and retirement communities. He received his Associate in Arts Degree from the University of North Florida, where he played basketball on a full scholarship. He transferred to the University of Central Florida Business School to pursue his Business degree. He received his Bachelor of Services in Business Administration at UCF.