Trinity Place Holdings Inc. (TPHS) Bundle
Ever heard of Trinity Place Holdings Inc. (TPHS) and wondered what they're all about? This real estate holding, investment, and asset management company, founded in 2012, has a diverse portfolio ranging from real estate to intellectual property. With a current market capitalization of $3.22M and a stock price of just $0.05 as of April 8, 2025, what exactly does TPHS do and how does it make money?
Trinity Place Holdings Inc. is headquartered in New York City and possesses decades of experience in real estate development, investment, finance, leasing, and asset management. The company holds a 95% interest in a joint venture focused on real estate assets and securities. Their largest single asset is 77 Greenwich Street, a 300,000 SF mixed-use condominium project in Lower Manhattan.
Besides real estate, Trinity Place Holdings also manages intellectual property assets, including the rights to the Filene's Basement® trademark and the Stanley Blacker® brand. In 2024, Trinity Place Holdings had a trailing 12-month revenue of $2.24M. Keep reading to find out more about Trinity Place Holdings!
Trinity Place Holdings Inc. (TPHS) History
Trinity Place Holdings Inc.'s Founding Timeline
Year established
Trinity Place Holdings Inc. was established in 2012.
Original location
The original location is New York, NY.
Founding team members
Specific details about the founding team members are not readily available in the provided search results.
Initial capital/funding
Information about the initial capital or funding is not available in the provided search results.
Trinity Place Holdings Inc.'s Evolution Milestones
| Year | Key Event | Significance |
|---|---|---|
| 2015 | Acquisition of Syms Corp. | Trinity Place Holdings acquired Syms Corp., including the iconic retail location at 77 Greenwich Street in Lower Manhattan. This acquisition marked a pivotal entry into real estate development. |
| 2016 | Commencement of 77 Greenwich Street Project | The company began developing a mixed-use project at 77 Greenwich Street, featuring residential condominiums and retail space, transforming a notable downtown site. |
| 2021 | Completion of 77 Greenwich Street | The 77 Greenwich Street project reached completion, adding a significant residential and retail offering to the downtown area. |
Trinity Place Holdings Inc.'s Transformative Moments
- Strategic Shift to Real Estate: The acquisition of Syms Corp. and the subsequent redevelopment of the 77 Greenwich Street location marked a transformative shift for the company, transitioning it into a prominent real estate development and investment firm.
- Focus on Urban Development: Trinity Place Holdings strategically focused on developing properties in high-barrier-to-entry urban locations, aiming to create value through innovative design and development.
- Adaptive Business Model: The company has demonstrated an ability to adapt its business model to market conditions, leveraging opportunities in both real estate and retail sectors.
To gain further insights into the company's guiding principles, explore: Mission Statement, Vision, & Core Values of Trinity Place Holdings Inc. (TPHS).
Trinity Place Holdings Inc. (TPHS) Ownership Structure
Trinity Place Holdings Inc. features a mix of individual and institutional investors, influencing its strategic direction and corporate governance.
Trinity Place Holdings Inc.'s Current Status
As of April 2025, Trinity Place Holdings Inc. remains a public company, trading under the ticker symbol TPHS. This status requires them to adhere to SEC regulations and provide regular financial disclosures, ensuring transparency for investors. For more in-depth insights into the investors involved, check out: Exploring Trinity Place Holdings Inc. (TPHS) Investor Profile: Who’s Buying and Why?
Trinity Place Holdings Inc.'s Ownership Breakdown
The following table provides an overview of Trinity Place Holdings Inc.'s ownership structure, detailing the percentages held by various shareholder types.
| Shareholder Type | Ownership, % | Notes |
|---|---|---|
| Institutional Investors | 58.70% | Reflects holdings by major firms like BlackRock and Vanguard. |
| Individual Insiders | 1.48% | Includes shares held by executives such as Matthew Messinger. |
| Retail Investors | 39.82% | Represents the aggregate holdings of public market investors. |
Trinity Place Holdings Inc.'s Leadership
The leadership team at Trinity Place Holdings Inc. is responsible for the strategic direction and operational management of the company. Key figures include:
- Matthew Messinger: Serves as the President and Chief Executive Officer, playing a pivotal role in the company's strategic initiatives and overall performance.
- Daniel Abrams: Holds the position of Chief Financial Officer, overseeing the financial operations and reporting of the company.
Trinity Place Holdings Inc. (TPHS) Mission and Values
Trinity Place Holdings Inc. aims to maximize risk-adjusted returns through real estate operations, focusing on value creation in urban centers. Their core values emphasize integrity, collaboration, and a commitment to excellence.
Trinity Place Holdings Inc.'s Core Purpose
Official mission statement
While Trinity Place Holdings Inc. does not have a single, universally publicized mission statement, their operational focus and investment strategies reveal their core objectives:
- Maximize risk-adjusted returns on invested capital.
- Focus on real estate operations, primarily in urban centers.
- Identify, acquire, and develop or redevelop real estate assets.
- Create value through active management and strategic repositioning of properties.
These objectives are evident in their financial goals and project selections. For further insights into the company's financial performance, see Breaking Down Trinity Place Holdings Inc. (TPHS) Financial Health: Key Insights for Investors.
Vision statement
Trinity Place Holdings Inc.'s vision can be inferred from their business activities and stated goals:
- To be a leading real estate investor and developer in urban markets.
- To create long-term value for shareholders through strategic real estate investments.
- To develop and manage high-quality properties that enhance the urban landscape.
- To adapt to market changes and capitalize on emerging opportunities in real estate.
Company slogan/tagline
Trinity Place Holdings Inc. does not have a widely recognized official slogan or tagline. However, considering their business activities, a fitting tagline might emphasize their focus on strategic urban development and value creation.
Trinity Place Holdings Inc. (TPHS) How It Works
Trinity Place Holdings Inc. operates as a real estate holding, investment, and asset management company with a primary focus on maximizing shareholder value through strategic real estate activities.
Trinity Place Holdings Inc.'s Product/Service Portfolio
| Product/Service | Target Market | Key Features |
|---|---|---|
| Real Estate Development | Urban areas with high growth potential | Focus on developing, redeveloping, and repositioning properties to enhance value. |
| Real Estate Investments | Various property types including retail, residential, and mixed-use | Strategic investments in real estate assets to generate income and capital appreciation. |
| Asset Management | Institutional and private investors | Management of real estate assets, optimizing operational efficiency and financial performance. |
Trinity Place Holdings Inc.'s Operational Framework
Trinity Place Holdings Inc. (TPHS) executes its business strategy through several key operational processes:
- Property Acquisition and Development: TPHS identifies and acquires properties in strategic locations, focusing on areas with strong growth potential. The company then develops or redevelops these properties to maximize their value.
- Investment Management: TPHS makes strategic investments in real estate assets, carefully selecting opportunities that align with its investment criteria and offer attractive returns.
- Asset Management and Leasing: Once properties are developed or acquired, TPHS manages them to optimize operational efficiency and financial performance. This includes leasing activities to maintain high occupancy rates and generate rental income.
- Financial Management: TPHS employs rigorous financial management practices to ensure the company's financial stability and growth. This includes careful budgeting, financial planning, and risk management.
More information about the company can be found here: Mission Statement, Vision, & Core Values of Trinity Place Holdings Inc. (TPHS).
Trinity Place Holdings Inc.'s Strategic Advantages
Trinity Place Holdings Inc. has several strategic advantages that enable it to succeed in the competitive real estate market:
- Strategic Locations: TPHS focuses on properties in high-growth urban areas, which tend to offer greater potential for appreciation and rental income.
- Development Expertise: The company has extensive experience in developing and redeveloping properties, allowing it to create high-quality, attractive spaces that meet the needs of tenants and customers.
- Asset Management Capabilities: TPHS's asset management capabilities enable it to optimize the performance of its properties, increasing their value and generating strong returns for investors.
- Financial Discipline: The company's commitment to financial discipline helps it manage risk and maintain a strong balance sheet, positioning it for long-term success.
Trinity Place Holdings Inc. (TPHS) How It Makes Money
Trinity Place Holdings Inc. primarily generates revenue through real estate activities, including property rentals and development.
Trinity Place Holdings Inc.'s Revenue Breakdown
As of April 2025, detailed revenue breakdowns for Trinity Place Holdings Inc. are not available for the 2024 fiscal year in the search results. Typically, a real estate company's revenue streams can be categorized as follows:
| Revenue Stream | % of Total | Growth Trend |
|---|---|---|
| Property Rentals | N/A | N/A |
| Real Estate Development and Sales | N/A | N/A |
Trinity Place Holdings Inc.'s Business Economics
The business economics of Trinity Place Holdings Inc. are influenced by several factors:
- Property Portfolio: The types and locations of properties significantly impact revenue generation.
- Rental Rates: Market rental rates and occupancy levels affect rental income.
- Development Costs: Construction expenses, regulatory approvals, and financing costs influence profitability from real estate development projects.
- Sales Prices: The prices at which developed properties are sold impact overall revenue.
- Market Conditions: Broader economic factors, such as interest rates, employment rates, and population growth, affect demand for real estate.
Trinity Place Holdings Inc.'s Financial Performance
Analyzing Trinity Place Holdings Inc.'s financial performance involves looking at key metrics such as:
- Revenue Growth: Year-over-year changes in revenue indicate the company's ability to expand its business.
- Net Income: The bottom-line profitability reflects the efficiency of operations and cost management.
- Occupancy Rates: High occupancy rates in rental properties translate to stable and recurring income.
- Debt Levels: Managing debt is crucial for financial stability and future investment capacity.
- Return on Equity (ROE): This metric shows how effectively the company uses shareholder equity to generate profits.
For more in-depth information, you might be interested in: Mission Statement, Vision, & Core Values of Trinity Place Holdings Inc. (TPHS).
Trinity Place Holdings Inc. (TPHS) Market Position & Future Outlook
Trinity Place Holdings Inc. navigates a competitive real estate landscape, focusing on maximizing the value of its existing assets and strategically pursuing new opportunities. The company's future outlook hinges on its ability to capitalize on market trends, manage risks effectively, and leverage its expertise in real estate development and investment.
Competitive Landscape
| Company | Market Share, % | Key Advantage |
|---|---|---|
| Trinity Place Holdings Inc. | Estimated at less than 1% (Niche player) | Strategic urban locations and mixed-use development expertise |
| Brookfield Property Partners | 5-10% (Large diversified portfolio) | Extensive global portfolio and access to capital |
| Boston Properties | 3-7% (Focus on Class A office properties) | High-quality properties and strong tenant relationships |
Opportunities & Challenges
| Opportunities | Risks |
|---|---|
| Untapped development potential within existing properties. | Economic downturns affecting property values and demand. |
| Strategic partnerships to expand capabilities and market reach. | Rising interest rates increasing borrowing costs. |
| Favorable zoning and regulatory changes in key markets. | Delays in project approvals and construction timelines. |
Industry Position
Trinity Place Holdings operates within the highly competitive real estate industry. Its position is characterized by:
- Focusing on unique, high-end developments.
- Leveraging strategic locations to maximize property value.
- Employing a mixed-use approach to diversify revenue streams.
To gain deeper insights into the investor landscape surrounding Trinity Place Holdings, explore: Exploring Trinity Place Holdings Inc. (TPHS) Investor Profile: Who’s Buying and Why?
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