#United States #Indianapolis #commercial real estate #Thompson Thrift #Multifamily Developer

Thompson Thrift Recognized as Leading Developer for 2024

On December 17, 2024, Indianapolis-based real estate firm Thompson Thrift received impressive accolades, being named both a top multifamily developer and a top commercial real estate developer. This recognition came from the annual rankings published by Multi-Housing News (MHN) and Commercial Property Executive (CPE), highlighting the company's outstanding contributions to the industry.

Thompson Thrift, a comprehensive real estate company engaged in diverse projects including multifamily, industrial, commercial, and mixed-use developments, was evaluated using a proprietary weighted formula. This unique assessment method considers factors such as the number of units delivered between 2021 and 2023, ongoing projects, as well as the total market value of developments. The firm’s commitment to pushing boundaries and their dedication to excellence set them apart in a competitive landscape.

The president and CFO of Thompson Thrift, Dan Sink, expressed immense pride in his team's achievements. He stated, "Our unwavering commitment to excellence, service, and leadership has propelled us to a remarkable year. Our team collaborates exceptionally well, transforming visions into reality across various asset types." This ethos of teamwork shines through in the company’s impressive metrics.

In the multifamily sector, Thompson Thrift ranked #13 on MHN's list, successfully completing 5,829 units between 2021 and 2023, with an additional 6,374 units currently under construction. The commercial division earned the #16 spot on CPE's rankings, thanks to $500 million in completed industrial and retail developments.

The company is in the midst of a significant growth phase, with new large-scale industrial and mixed-use projects initiated in Indiana and Arizona. This includes the launch of eight residential developments just this year. Furthermore, Thompson Thrift is actively organizing capital for its seventh multi-project development partnership, the Thompson Thrift 2025 Multifamily Development, LP.

Having established itself nearly four decades ago, Thompson Thrift has invested over $6 billion in various communities nationwide, reinforcing its reputation as a reliable partner dedicated to creating high-quality, aesthetically pleasing residential and commercial environments in expanding markets.

About Thompson Thrift

Thompson Thrift operates as a fully integrated real estate firm with offices spanning Indianapolis and Terre Haute in Indiana, as well as locations in Denver, Houston, and Phoenix. The company's success is driven by three primary divisions:
1. Thompson Thrift Residential – Specializes in upscale Class A multifamily communities and luxury leased homes.
2. Thompson Thrift Commercial – Focuses on ground-up commercial developments.
3. Thompson Thrift Construction – Offers comprehensive construction services.

These divisions collectively engage in every aspect of development, construction, leasing, and management of high-quality commercial real estate projects throughout the country. Recently, Thompson Thrift was also honored with the Top Workplaces USA award for 2024, further showcasing its commitment to community and workplace excellence. For more information about their projects and achievements, visit their official website at www.thompsonthrift.com.