Clearwater firm buys five senior living facilities decade after exiting sector

Ten years later, TJM Properties again seizes an opportunity to cash in on senior living facilities, this time as a buyer.

  • By Louis Llovio
  • | 5:00 a.m. September 27, 2023
  • | 0 Free Articles Remaining!
TJM Properties bought Bayside Terrace in Pinellas Park in February, the first of five purchases this year.
TJM Properties bought Bayside Terrace in Pinellas Park in February, the first of five purchases this year.
Photo by Mark Wemple
  • Tampa Bay-Lakeland
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Just a bit over 10 years ago, in August 2013, TJM Properties made an announcement. It was selling 15 of its senior living communities.

The decision, at the time, was part of the Clearwater firm’s move away from the segment and into hotels.

 

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