Thompson Thrift Solidifies Its Position in Indiana's Real Estate Industry for Three Years Straight
In a remarkable achievement, Thompson Thrift has been recognized again as one of Indiana's largest commercial real estate developers, securing the fourth position in the Indiana Business Journal's (IBJ) Annual Listing for 2025. This accolade is significant as it marks the third consecutive year the firm has maintained a strong presence in the top rankings, following their fourth-place finish in 2024 and seventh place in 2023.
Dan Sink, the president and CFO of Thompson Thrift, expressed pride in receiving this honor. He emphasized that it demonstrates the firm’s unwavering commitment to excellence, innovative practices, and high-quality developments aimed at making a meaningful impact across Indiana and into other regions. "Our goal is to create lasting value in the communities we serve, and this ranking reflects our dedication to that mission," Sink stated.
The IBJ rankings are based on the total square footage of commercial projects completed or under construction, with Thompson Thrift amassing over 13.5 million square feet across ten states for the year 2024. An impressive 89% of these developments were multifamily housing projects, 7% were retail, and the remaining 4% consisted of industrial properties.
Brian Timberman, the president of Thompson Thrift Construction, highlighted the collective effort of the development and construction teams, attributing the firm’s success to their ability to deliver well-designed communities across various markets. "This recognition speaks volumes about the hard work and innovation from our teams who continually strive for excellence," he remarked.
Among the significant milestones achieved by Thompson Thrift over the past year was the ongoing expansion of the Fishers District, a $750 million project located just outside Indianapolis. Additionally, they started construction on 2,659 multifamily units spread across states like Florida, Georgia, and Colorado, and have proudly initiated the build of their first multifamily community in Idaho. This commitment to growth not only positions Thompson Thrift as a leader in the multifamily sector but also as a trusted name in real estate development.
Besides these impressive landmarks, Thompson Thrift was also recognized as a Top Developer and Builder by the National Multifamily Housing Council (NMHC) in 2024, a title they successfully defended in 2025. This accolade further cements their standing in the real estate industry.
Thompson Thrift is a comprehensive real estate development firm focused on building ground-up residential and mixed-use projects nationwide. With nearly 40 years in the business, the company has invested over $6 billion into local communities, earning a reputation as a trusted partner in developing high-quality multifamily and commercial projects.
Founded in 1986, Thompson Thrift has rapidly evolved from a locally focused development company into a fully integrated national player in the real estate market. With headquarters in Indianapolis, Terre Haute, Indiana, Denver, Houston, and Phoenix, Thompson Thrift is involved in all aspects of property development, construction, leasing, and management.
Notably, the company was also awarded a 2025 Top Workplaces USA award, underlining their commitment to excellence not only in real estate but also in fostering a positive workplace culture. For those interested in learning more about their innovative projects and company ethos, further information is available at Thompson Thrift's official website.