Thompson Thrift Investor Newsletter Q3 2022

C U LTUR E

HOMP S O N THRIF T

Living the core through our mission, values and competencies

To positively impact our team members and the communities we serve

So “What does Live the Core mean?” The core of Thompson Thrift encompasses our Mission, Core Values, and Core Competencies. These three aspects make up the culture of Thompson Thrift—why we do what we do, our guiding principles, and the behaviors we strive to achieve.

At Thompson Thrift, our Mission Statement isn’t something that we simply put on the wall. We live it every day by making a positive impact and serving our communities in our work and personal life. As a company, we are successful due to our individual and collective efforts and by Living the Core!

S O N THRIF T

The Family Impact Benefits Program Launch

Investing in our team members and their families

At Thompson Thrift, we believe in the importance of positively impacting and investing in our team members and their families at every stage of life.

Thompson Thrift launched The Family Impact Benefits Program in July 2022 to provide team members and their families a variety of standard and enhanced benefits that encompass three different components: Live Healthy. Be Present. Go Play.

Learn more about The Family Impact Benefits Program

CLINT GARRISON

SPO T L I GHT

Thompson Thrift Team Member Spotlight

Clint Garrison, Director of Resident Experience and Innovation, started with Thompson Thrift in December 2018 and recently transitioned from the Community Management team to the Preconstruction and Design team earlier this year.

“In my role, I bridge the gap between design and community management. Ensuring community management is getting a product that is operationally efficient for our team members while enhancing the resident experience is vital for our future successes.” - Clint Garrison

Some of Clint’s duties include advocating for the resident and community management in the design process with a focus on site planning, clubhouse and leasing space design, upgraded unit strategy, and overall amenity programming. In addition to design reviews, Clint assists with researching and implementing new technology to ensure Thompson Thrift is a leader in innovation among our peers. Clint has spearheaded Thompson Thrift’s overall community internet strategy, access control and smart home initiatives, and bundling of resident services to provide added convenience and drive additional revenue.

“Clint has been an incredible asset to the Community Management team, and we are excited for his growth in the organization. Clint has laid a solid foundation for our group to be successful.” - Aimee O’Connor, Senior VP of Community Management.

Announces

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Thompson Thrift Commercial Taps Chris Alexander to Lead Company’s Expansion into Industrial Development

Thompson Thrift Residential Sells The Retreat in Corpus Christi

Read the full article in our Pressroom

Thompson Thrift Announces Sale of The Ranch at Sienna Near Houston

Read the full article in our Pressroom

Paul Thrift Selected as One of Indiana’s Most Influential

by Indianapolis

Thompson Thrift Sells The Wyatt Near Phoenix

Read the full article in our Pressroom

Thompson Thrift Expands with New Regional Office Near Denver

Read the full article in our Pressroom

Thompson Thrift to

Read the full article in our Pressroom

Outside Kansas

Purchases

Development Near Phoenix

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Pressroom

RAPIDS, MI

The Grove

The Grove is a 320-unit Class A multifamily community in Grand Rapids, Michigan.

With frontage on Beltline Avenue, a major north/south connector, The Grove offers residents a short commute to downtown Grand Rapids, where they can enjoy local museums, the John Ball Zoo, and a host of breweries and restaurants. A great majority of the area’s major employers, including Axios, Meijer, and Spectrum Health, are within a 15-mile radius.

This 24-acre community offers 2-story apartment homes with attached garages. These luxury apartment homes offer a mix of one-, two- and three-bedroom layouts that average 1,200 square feet and feature designer interiors, quartz countertops, stainless steel and energy-efficient appliances, full-size washers and dryers, and much more.

60 & Signal Butte

This 10-acre mixed-use development features multitenant and single-use retail PADs, as well as a planned 4-story hotel. The ideal location has close proximity to the 202 Freeway and Hwy 60.

This site is nestled in the Elliot Road Technology Corridor, which attracts large, industry leaders such as Apple, Niagara Bottling, EdgeCore, and health/ research providers. It is also minutes away from the Phoenix-Mesa Gateway Airport.

Thompson Thrift has recently announced a strong line-up of regional and national concepts that are committed to the development, including First Watch, Cheddar’s Scratch Kitchen, Backyard Taco, Black Rock Coffee, EOS Fitness, Raising Canes, Cycle Bar and Whataburger.

Master infrastructure is nearing completion along with Black Rock Coffee and the multitenant building that includes First Watch, Mug, and Cyclebar.