1 minute read
Member Spotlight: T&R Properties Celebrates 40 Years
By Carol Rich
T&R Properties, a leading property management and real estate development company, is celebrating its 40th anniversary this year.
Founded in 1983 by current President/CEO, P. Ronald Sabatino, T&R Properties has grown into a large-scale company with approximately 200 employees. T&R’s high-quality projects have been crucial to its market longevity and success. But another key element is the company’s outstanding leadership and staff. Even during tough times, such as during the Great Recession and the COVID-19 shutdowns, team members have always stuck together and helped make sure no one was left in the dust, Ron says.
“We’ve never laid anybody off in 40 years, including in 2008-2009, in which our industry was decimated by the banks,” Ron observes. “We were able to shift our people and give them something else to do when no home building was going on.”
T&R Properties started out with a focus on real estate development of beautiful multi-family, single-family and condominium homes. Over the years, T&R expanded its portfolio to include development and management of mixed-use and commercial projects, including golf courses.
The company continues to thrive and expand, and T&R now has developments in progress in Ohio, Pennsylvania and Florida.
One of the company’s newest projects is Boulder Reserve, located in southwest Delaware. The Reserve features new 1,500 square-foot homes priced around $300,000. By offering the homes almost $100,000 less than the average new build, Ron says, T&R is hoping to help fill the need for more affordable homes in the Delaware area.
T&R has been an active member of the BIA since joining in 2004. RJ Sabatino, son of Ron and T&R’s Development Manager, currently co-chairs the BIA’s Young Professionals Council.
“We are proud to be a part of a family here at T&R that has thrived for four decades,” says RJ. “Our teamwork and community involvement has allowed us to create many thousands of homes and other commercial developments throughout central Ohio and the Midwest. We have a lot in the pipeline to come, and we are looking forward to creating more communities for another 40 years and beyond.”