Thompson Thrift has recently announced the launch of their newest venture, Thompson Thrift 2025 Multifamily Development, LP. This offering aims to raise $230 million in capital commitments from investment partners for the development of a portfolio of ground-up multifamily communities in growing markets across the United States.
According to Paul Thrift, CEO of Thompson Thrift, now is an ideal time to invest in multifamily developments due to low construction starts and potential for rent growth and increased property values. The company’s goal is to create value for their investment partners through this offering.
The 2025 partnership includes six identified projects located in five states: Georgia, Florida, Colorado, Kansas and Indiana. These projects will be funded and construction will begin in 2025 with Thompson Thrift as the developer. This marks the seventh multi-project development partnership offered by Thompson Thrift.