TMG Partners

TMG Partners is a privately-held full service development company headquartered in San Francisco focusing on urban infill projects in the San Francisco Bay Area. Our exclusive focus in the Bay Area helps us understand the nuances of market trends and timing, which allows us to be highly responsive and opportunistic while contributing to the vibrancy of the communities that make up our region.

Real Estate Specialization
Health Care
Investment Type
Equity syndication/Club Deal
JV partnership
Acquisition/Fee Simple
Investment Style

Michael Covarrubias

Michael Covarrubias joined TMG in 1988; he oversees all of the company’s operations and has directed the company since 1995. Prior to TMG: Mr. Covarrubias’ professional background includes 17 years with Union Bank, including commercial and real estate lending as well as administrative management. In his last position, he served as Senior Vice President and Manager of Union Bank’s Silicon Valley Regional Real Estate Center. Mr. Covarrubias is a graduate of the University of San Francisco with a Bachelor’s degree in business administration.

Executive Vice President

Cathy Greenwold

Cathy Greenwold, Vice Chair, joined TMG in 1992. Ms. Greenwold has been responsible for expanding the company’s portfolio through strategic acquisition of projects with particular emphasis on development opportunities and value enhancement. Ms. Greenwold has managed over $2.7 billion in project financing and development activity for TMG. She has over 37 years of real estate and finance experience, and is a member of the TMG’s Investment Committee. Prior to TMG: Ms. Greenwold has an extensive background in real estate development, including 12 years as Vice President for Calprop Corporation. Mrs. Greenwold holds a Bachelor’s degree from the University of California Los Angeles. She was also a Sloan Fellow at Stanford Graduate School of Business, where she earned a Master’s of Science degree in Business.

General Counsel

Scott Verges

Scott Verges has served as General Counsel for TMG Partners since 1999. In this position he oversees all legal matters for the company. He also teaches real estate and business law at the Lorry I. Lokey Graduate School of Business at Mills College. Prior to TMG: Mr. Verges has been associated with the law firm of MBV Law (formerly known as Mandel Buder & Verges). Prior to his association with MBV Law, Mr. Verges was a principal in the law firm of Cassidy & Verges, which he co-founded in 1990. Mr. Verges received his J.D. in 1980 from Boalt Hall School of Law at the University of California, Berkeley, where he was an associate editor of the California Law Review.

Chief Investment Officer

Matt Field

Matt Field, Chief Investment Officer, has almost 30 years of commercial real estate experience, including development, finance, leasing and project management. Mr. Field joined TMG in 1993 and currently chairs the Investment Committee, manages acquisitions and dispositions, and supports the firm’s development activities. He has been responsible for over $2.5 billion of acquisitions and dispositions for TMG since 2003. Previously, he was responsible for managing complex entitlement and development projects. Prior to TMG: Mr. Field worked at Catellus Development Corporation in corporate financial analysis and major asset acquisitions and dispostions. His prior experience also includes work at Sedway Associates and Halcyon Real Estate Advisors. Mr. Field has a Bachelor’s degree with a major in Political Science from the University of Colorado.


Jamie Coffin


Amy Neches


David Cropper

Farallon Capital Management

Alcion Ventures

Fortress Investment Group

Rockwood Capital

Northwood Investors


Alexandria Real Estate Equities Inc.

Goldman Sachs Asset Management

MacFarlane Partners

Pacific Coast Capital Partners (PCCP)

Starwood Capital Group

Westbrook Partners

JER Partners

The Sobrato Organization

Valley Oak Partners

Key Focus Areas
Acquisitions Asset Management Development Individual Investors Institutional Investors
Geographical Area
Mapped Location