The safety of our team members and residents is our top
and we’re pleased to
no major issues from the September and October hurricanes. Recent storms caused only minor cosmetic damage, with no significant impacts across our Southeast portfolio. Our thoughts and prayers remain with those affected by Hurricanes Helene and
Paul Thrift, has been recognized for the third consecutive year in the Indiana Business Journal’s Indiana 250 list. The list honors Indiana’s most influential and impactful business and community leaders. Honorees include executives and up-and-comers from public and private companies, law firms, universities, not-for-profits, government groups and community organizations.
“I am honored and humbled to receive this prestigious accolade,” said Paul Thrift, CEO of Thompson Thrift. “This recognition wouldn’t be possible without the dedication of our team members who embody our core values of excellence, service and leadership and their commitment to making a positive impact. My story is one of pure providence, any glory goes to God.” - Paul Thrift,
CEO
Thompson Thrift placed as a 2024 winner of the National Apartment Association (NAA) Excellence Awards in the NAA Education Institute (NAAEI) Dedication to Education category.
The NAAEI Dedication to Education Award recognizes a management company that has shown extraordinary commitment to its team members and the rental housing industry through continuing education. Thompson Thrift was recognized for its commitment to professional development and continuing education, along with its ability to demonstrate the benefits of these activities to both the organization and the rental housing industry as a whole.
Thompson Thrift ranked No. 3,243 on the 2024 Inc. 5000 list of the fastest-growing private companies in America, marking the company’s second straight year appearing on the list.
This is Thompson Thrift’s ninth appearance on the esteemed list. The firm previously made the list in 2007, 2008, 2012 through 2016, and 2023.
Last year, Thompson Thrift ranked No. 40 in Indiana, No. 116 in real estate, and No. 3,568 overall, with an impressive 138% three-year growth.
EMPLOYEE WELL-BEING
celebrates organizations that put the health and wellness of their employees at the center of their workplace culture.
celebrates organizations that demonstrate gratefulness for the efforts of employees and employees who reciprocate with motivation to give their best at work.
celebrates organizations that focus on developing their employees’ careers and enabling them to grow professionally.
The offering seeks to raise $230 million in total capital commitments from accredited investment partners who will participate in the development of a portfolio of ground-up, multifamily communities located in dynamic growth markets across the country.
The 2025 offering consists of six identified development projects across five states – Georgia, Florida, Colorado, Kansas and Indiana. The partnership will fund and commence construction on the identified projects in 2025, with Thompson Thrift as the developer.
“I firmly believe that now is the opportune time in the cycle to invest in multifamily, with construction starts at their lowest in over a decade. This reduced supply should drive rent growth and rising valuations in the coming years, ultimately generating value for our investment partners.”
- Paul Thrift, CEO
The Partnership may raise up to $500
POPULATION GROWTH % 1990-2023
The majority of population growth is concentrated in the Southeast and Mountain West regions where Thompson Thrift develops new product.
Source: U.S. Census Bureau 2024
Click to View in Browser With construction starts at their lowest in over a decade, we believe now is the ideal time to invest in multifamily. This reduced supply is expected to drive rent growth and rising valuations, generating value for our investment partners.
Source: RealPage 2024; Zelman & Associates 2024 (starts projections)
Construction on the community began in October 2020 and finished in March 2023. The community is only 20 minutes northeast of downtown Colorado Springs and adjacent to the St. Francis Medical Center, a 195-bed full-service hospital that features a modern birth center, level III neonatal intensive care unit, emergency department, level III trauma center and more. The site offers easy access to major employers, retailers, restaurants and high-end housing.
“Apex was developed to address the increased demands for high-quality, luxury multifamily rental options in the Colorado Springs area. We are pleased with the outcome of the transaction and take great pride in providing an excellent return for our investment partners while delivering a high-quality community for our residents.”
- Josh Purvis, Managing Partner, Thompson Thrift Residential Press Release
Thompson Thrift Hosts Ribbon Cutting for The Quarry, a Luxury Apartment Community in Fort Collins, Colorado
October 29, 2024
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Thompson Thrift Hosts Ribbon Cutting for The Garrison, a Luxury Apartment Community outside Colorado Springs
October 21, 2024
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Thompson Thrift Hosts Ribbon Cutting for Premier at West Park, a Luxury Apartment Community near Denver
October 8, 2024
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Thompson Thrift Expands into Idaho with 264-unit Luxury Multifamily Development Near Boise
October 7, 2024
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The Union at Fishers District Announces Two New-to-Market Restaurants to Join Piedra
September 30, 2024
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Thompson Thrift to Develop 276-Unit Multifamily Luxury Community in Colorado Springs
September 18, 2024
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Thompson Thrift Welcomes Perfect Blend Coffee & Cocktails to Watermark on Twenty Mile near Denver
September 11, 2024
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Thompson Thrift Welcomes Kitchen Social to The Union at Fishers District
July 26, 2024
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Thompson Thrift Announces Expansion of Construction Executive Team with Three Promotions
July 15, 2024
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cthrift@thompsonthrift.com
Direct 317-454-8016
Mobile 317-519-8433
@ThompsonThrift
@ThompsonThrift
@ThompsonThrift
Indianapolis 111 Monument Circle, Suite 1500
Indianapolis, IN 46204 800-687-0012
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Phoenix 2398 E Camelback Road, Suite 210 Phoenix, AZ 85016 602-313-8631
Houston 17314 SH 249, Suite 320 Houston, TX 77064 281-971-4016
Denver 12000 N Pecos Street, Suite 350 Westminster, CO 80234 303-276-6307