INDIANAPOLIS, Dec. 17, 2024 /PRNewswire/ -- Indianapolis-based Thompson Thrift, a full-service nationally recognized real estate company engaged in multifamily, industrial, commercial, mixed-use and retail projects, earned national recognition by being ranked as both a Top Multifamily Developer and Top Commercial Real Estate Developer in Multi-Housing News's and Commercial Property Executive's annual rankings.
The rankings represent a combined effort of the sister brands and are unique to the real estate industry in that they utilize a proprietary, weighted formula incorporating a variety of factors including deliveries between 2021 and 2023, projects under construction, the market value of the developments as well as future plans.
"I am incredibly proud of our teams for their unwavering commitment to our core values of excellence, service, and leadership, which has led to an exceptional year for our organization," said Dan Sink, president and CFO of Thompson Thrift. "Our team members continue to collaborate in extraordinary ways, turning our projects from visions to reality across a diverse range of asset types."
The company's multifamily business unit secured the #13 spot on MHN's list with 5,829 units completed during 2021-2023 and another 6,374 units under construction. The commercial division's $500 million of completed industrial and retail developments propelled them to the #16 spot on CPE's rankings.
Thompson Thrift is continuing a significant period of expansion and growth with large-scale industrial and mixed-use developments underway in Indiana and Arizona, as well as eight new residential developments started this year. Additionally, the company is raising equity for its seventh multi-project development partnership, Thompson Thrift 2025 Multifamily Development, LP.
Since its founding nearly 40 years ago, Thompson Thrift has invested more than $6 billion in local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial, industrial and mixed-use communities in high-growth markets across the country.
About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix. Three business units drive Thompson Thrift's success—Thompson Thrift Residential which is focused on upscale Class A multifamily communities and luxury leased homes, Thompson Thrift Commercial which is focused on ground-up commercial development, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of development, construction, leasing, and management of quality commercial real estate projects across the country. The company earned national recognition as a winner of a 2024 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com
Contact:
Jennifer Franklin
Spotlight Marketing Communications
949.427.1385
[email protected]
SOURCE Thompson Thrift
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