Parthenon Properties

Parthenon was founded in 1986 by Henry McLaughlin, Henry Carter and Ben Shields. They began Parthenon because they were dissatisfied with the way typical management firms concentrated their efforts on in-house investments and accepted outside fee management business to simply spread their overhead. Frustrated by trying to find someone to listen to,... understand, and focus on their goals, they created Parthenon Properties, Inc. to serve those similar concerns. Parthenon's primary focus was and always has been to manage for others. They have dedicated themselves to being totally "service oriented" for owners and residents alike. Parthenon steadily attracted new properties each year as word spread about their service-oriented approach. Once attracted, owners stayed with them because of positive operating results and high resident retention rates. Parthenon continued to grow and in 1994 was awarded the management of all HUD owned apartments in Middle and West Tennessee. This contract was based on several factors including financial stability, experience of the principals, an outstanding management plan and ethics. Today Parthenon is ranked as the 6th largest local management company in the Middle Tennessee area. Parthenon manages over 3,000 Apartment units. Its principals are among the most respected in the industry and are consistently quoted in trade publications. Henry Carter, Parthenon's president, has traveled to Washington D.C. the last 7 years representing the Tennessee Apartment Association lobbying Congress. Our central office staff has collective experience of over 130 years in property management and related activities. Our on-site personnel at 18 properties have over 180 years of accumulated experience.Read More