Thompson Thrift Achieves Top Rank as Multifamily Developer in 2025

Thompson Thrift Recognized as a Leading Multifamily Developer

Thompson Thrift, a prominent name in the real estate industry, has earned acclaim as the #11 Top Multifamily Developer in Multi-Housing News's annual rankings for 2025. This achievement marks the company's highest ranking to date, showcasing its significant growth and contributions in the sector.

Since its establishment, Thompson Thrift has made significant strides in multifamily housing development. Between the years 2022 and 2024, the company undertook projects amounting to over $2.5 billion, focusing on Class A multifamily and luxurious leased housing communities. During this period, they successfully completed 6,870 residential units and, at the time of the ranking's publication, had an impressive 4,949 units still under construction.

Dan Sink, the president and CFO of Thompson Thrift Development, expressed pride in the recognition, emphasizing the commitment and dedication of their team. He remarked, “Continuing to maintain meaningful momentum in today’s market is a testament to our team members, the strength of our partnerships, and our ongoing focus on delivering high-quality communities.” This sentiment reflects the company’s dedication to enhancing living experiences across the communities it serves.

Thompson Thrift is not resting on its laurels. The company is actively raising equity for its eighth multi-project development partnership, the Thompson Thrift 2026 Multifamily Development, LP, which is poised to finalize in January 2026. With approximately 95% of its capital requirement secured, the firm is set to kick off six Class A multifamily developments across multiple states including Tennessee, Georgia, Nevada, South Carolina, and Idaho.

Expand its portfolio further, since launching its multifamily business unit in 2008, Thompson Thrift has invested more than $1.78 billion from equity partners, translating to the development of over 27,000 residential units. Their approach continues to yield positive results, evidenced by their high industry recognition and resident satisfaction rates.

For nearly four decades, Thompson Thrift has invested over $6.6 billion into local communities, earning a reputation as a trusted partner in the real estate landscape. Their comprehensive expertise encompasses all dimensions of development, construction, leasing, and management of high-quality real estate projects. This holistic involvement ensures that they remain a pivotal player in every project they undertake.

Moreover, in recognition of its excellence not only in the market but also as a workplace, Thompson Thrift received a 2025 Top Workplaces USA award, underscoring its commitment to employee satisfaction and operational excellence.

With a strong focus on quality and community engagement, Thompson Thrift continues to redefine the multifamily housing landscape. As they forge ahead, their vision for future development remains clear and steadfast: to deliver enduring, high-quality communities that enhance the lives of residents and foster lasting connections within the marketplace. This commitment to excellence is what sets them apart in a highly competitive industry.

In conclusion, Thompson Thrift’s achievement in the rankings serves as both a celebration of past success and a promising indicator of future growth. With their comprehensive approach to real estate development and unwavering dedication to community building, they are poised to continue their ascent as leaders in the multifamily sector.