T.J. Properties' Mission

T.J. Properties, Inc. is dedicated to creating ultimate value in residential real estate for all economic groups. We are committed to excellence in serving our customers and the enhancement of the communities in which we work.

T.J. Properties, Inc. is a full-service real estate development firm. From concept to completion, our mission is to create ultimate value in residential real estate both is urban suburban markets. With more than ten years experience in developing quality single and multi-family housing, T.J. Properties, Inc. does not view real estate as an opportunity for quick financial gain. Quality housing is an investment in the future, a chance to have a positive impact on every community.

• Extensive experience in land acquisition
• Skilled in working with local municipalities during the planning and zoning period
• Coordination between architects and engineers during the pre-construction phase
• A seasoned staff with the necessary expertise to manage the entire construction process

At T.J. Properties, Inc. we believe in serving the needs of all economic groups, a philosophy that consistently allows us to surpass our clients’ expectation. Each T.J. Properties, Inc. client can feel confident in knowing that we strive in create housing that satisfies their desires, while working within guidelines to maintain each community’s master plan. Ultimately, our main goal is to enhance the communities in which we work.

  T.J. Properties' Company History

After seeing the Belmont section of Philadelphia begin to deteriorate in the all too familiar pattern that urban areas are prone to, Mr. Harold Thomas decided to attend a city sponsored seminar on building rehabilitation. He liked what he heard, and in addition, the idea of becoming his own boss was appealing. In 1991 with his vision for property improvement and a determination to provide a high standard of quality work, he obtained the proper city licenses and insurance and started living his dream.

During that year, Mr. Thomas founded WDC Corporation, a full service general contracting conception to completion construction firm. Then came its sister company, T.J. Properties, Inc., a land development firm and property management service.

The first job of T.J. Properties and WDC Corporation was successfully renovating some old units Mr. Thomas’s father owned while meeting, or exceeding, all city standards. After that, the vision for a better Philadelphia and business for both T.J. Properties and WDC Corporation just continued to grow and expand.

The biggest projects in the last decade have been the rehabilitation and new home construction in the Belmont area and rehabilitation construction for the University of Pennsylvania. To date the companies have completed over 255 single and multi-family units for Belmont and over 10 single and multi-family units for the University.

Over the years T.J. Properties has reached occupancy rates in their subsidized rental units of about 95 percent. Low-interest tax credits have helped to keep the company moving in a positive direction. The company believes in taking in slightly less in rents than what is spent in maintenance and construction costs to meet the standards of the subsidies.