In 1988, Tim Schrager founded Perennial Properties, Inc., an Atlanta based real estate development and property management company. Schrager started as a one-man shop, learning the business from the ground up by building and renovating multi-family projects in Atlanta’s intown neighborhoods. From the beginning, Schrager saw a need for quality housing choices in Atlanta’s older neighborhoods where the rental housing stock was deteriorating. Thus, the company focused on infill development in gentrifying Atlanta neighborhoods. Over more than two decades, Perennial has been responsible for the development of several multi-family communities as well as multi-family & retail mixed use developments in Georgia and in Florida. The company also owns and operates Midtown Bowl, a bowling center in Midtown Atlanta.
Schrager was born in Omaha, Nebraska. He received a B.S. degree in Real Estate Finance from the University of Southern California. Schrager moved to Atlanta in 1986 where he and his wife now live with their three children.
Schrager is currently involved in several Atlanta community organizations including the following:
• Atlanta Contemporary Art Center: President – Board of Trustees • Jewish Federation of Greater Atlanta: Annual Campaign Major Gift Fundraiser • Atlanta Apartment Association: Treasurer – Board of Directors, 2009/2010/2012 Co-Chair of the Association’s Annual Food-a-Thon benefiting the Atlanta Community Food Bank • Jewish Family & Career Services: Real Estate Facilities Committee Member • Founding member of a private task force that is working to end homelessness in the City of Atlanta
