Tranquility Management Services Inc. – A California Benefit Corporation

Welcome. I’m so glad you’re here. 

Seventeen years ago, I started Tranquility Property Management in La Mesa, where I’ve lived my entire life, operating from home as a one-man operation. Then, in 2007, I acquired another company’s management portfolio, a major turning point that necessitated moving operations into a more traditional office setting and building a team of employees who would buy into, and ultimately help expand, the unique vision I had of a management company where the bottom line is best served by treating everyone involved – owners, tenants, vendors – with an equal level of respect and transparency. Today, we are a team of seven, managing 500+ units for over 100 owners. 

2023 has been our best year yet. For one thing, Tranquility has come back home to La Mesa; we purchased and now occupy a commercially zoned house in La Mesa’s beautiful, downtown village – a permanent home in the community I love. We recently hired an additional employee. Another “Tranquility baby” was born. And, as part of the process of re-establishing roots in La Mesa, we’re expanding our visibility on the web and social media as a means of further crystalizing, focusing, and sharing the larger goals we envision for Tranquility. These goals include continuing to provide exceptional property management and real estate brokerage services, but also much, much more.   

Today, I am proud to announce that my wife and I are converting Tranquility Management Services Inc. to a Benefit Corporation. In California, a Benefit Corporation or B-Corp is a type of for-profit corporate entity where “the best interest of the corporation" — its legally-defined goals — include identifying and striving to achieve positive impacts for our employees, clients, vendors, the community, and the environment, even if that means an overall decrease in corporate profits.

This vision is now front and center in our newly revised corporate mission statement:

Tranquility Property Management & Real Estate Services’ mission is to provide our residents with exceptional service and our clients with the highest quality of individualized, proactive real estate and management services. We strive to produce positive effects for society through philanthropic practices that champion our core values of Dignity and Care, Education and Enrichment, and Stewardship and Sustainability.

For many years I have believed that being a responsible business owner means being concerned with more than just making money. It is an opportunity to earn a reputation and visibility so that we can encourage as many people as possible to join us in effecting positive changes in our work relationships, our community, and our planet. By becoming a California Benefit Corporation we codify that belief in our corporate charter and further our vision where the amount of money my wife and I take home is balanced against the larger goal of achieving broader positive impacts. 

What exactly does that look like? That is what we will be exploring here. Our social media feed is going to be a forum where we talk a little about real estate, and a lot about the ways we strive to create positive effects in the world, as we do real estate. Because these things are not mutually exclusive. How we do what we do is just as important, if not more important, than what we do. We hope you will follow along, consider what we’re up to, and join us.

We are in this together.

Peace & Good,

Aaron Duggan, Owner & CEO