Trammell Crow Company (TCC) vs. Trammell Crow Residential (TCR)

Was hoping someone might have insight on the differences between Trammell Crow Company (TCC) and Trammell Crow Residential (TCR).

I know TCC was bought by CBRE while TCR (and Crow Holdings) is still owned/managed by the Crow family - but beyond that what does reputation and exit opps. look like at each?

When people talk about ‘Trammell Crow’ as a top development shop to work for, which are they referring to? Does TCC still have the reputation / culture of the old Trammell Crow, or has that shifted over to TCR?

Any comments will be appreciated. Thanks

11 Comments
 

They are both very well regarded, and are top shops. i guess people could be referring to either one, but when I hear "Trammell Crow", I generally think of TCC. Guess it depends on if you work predominantly commercial or multifamily. 

Working at either one is a great way to accelerate your career. If your goal is real estate development/investment, then a gig at TCC or TCR will land you a great job elsewhere, give you the experience to go out and start your own firm, or potentially give you the ability to build a great career at TCC/TCR. 

 

Both still good.  However, TCC is more cash bonus-oriented I believe I was told.  Not the partnership model of olde.  So, not quite as awesome.

 

From my experience as an LP equity partner it was market by market. But both names are reputable but TCR is focused only on MF where as TCC can play in multiple product types. 
 

TCR also does not have a massive footprint on the West Coast outside of California and now Seattle. My markets for the West Coast include AZ, NV, and SLC. 



I cover the West Coast and TCR does not have a 

 
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My personal opinion, the opportunity to jump from TCC to mentioned firms is much more probable. At junior levels of TCC, they look at all product types, not just MFH.

Something to note for people not aware, TCC technically does have a MFH arm, it’s called High Street Residential. They work in tandem/same teams as TCC.

I interviewed with one of the firms you mentioned and one of first questions was “why do you like office as a product type”. Hard to answer if you are coming from TCR.

I’ve mentioned this before in other forums but if you go into a resi shop like a TCR, you will more than likely stay in resi for the long haul unless you use b school to pivot. Nothing wrong with that, but important to note.

Best of luck.

 

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