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How this firm turns small-business owners into commercial property landlords

Barbara Morrison retires after 44 years heading the nonprofit TMC Financing
Barbara Morrison (TMC Financing)
Barbara Morrison (TMC Financing)
CoStar News
September 10, 2025 | 8:26 P.M.

As an intern in the late 1970s for then-San Francisco Mayor Dianne Feinstein's Office of Economic Development, Barbara Morrison was tapped to implement a federal loan program to help small businesses buy commercial real estate. She loved the program, but “the politics and bureaucracy” that came with working for the city “drove me around the bend," she told CoStar News.

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News | How this firm turns small-business owners into commercial property landlords