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Luxury Leased Homes

Upscale living,
convenient lifestyle

350+ Team Members*

19 States*

11,694 Units*

$2.3 Billion Volume*

*Thompson Thrift combined company numbers as of June 1, 2020.

About Luxury Leased Homes

Single-family communities

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Luxury Leased Homes by Watermark are designed to live like single-family homes, with neighbors next door but—unlike apartment flats—no neighbors above or below.

Luxury leased homes attract two primary customers, the more mature and affluent resident who’s had the experience of living and maintaining a single-family home but is looking to downsize, considering a second home or attracted by the maintenance-free lifestyle. The second customer includes the young professional family seeking a convenient, maintenance-free lifestyle while saving up to purchase their own home.

Relying on our experience of developing over 11,000 apartment homes in the last ten years, Thompson Thrift knows how to deliver managed and maintained communities with all the amenities of a custom home. The Luxury Leased Homes product by Watermark provides a resort-like setting, where residents can enjoy a truly “maintenance-free” lifestyle.

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Our Markets

Location is key.

We are developing projects across the country. From multifamily residential and luxury leased homes to mixed-use and retail, we have a wide mix of project types and opportunities.

Our Team

World class team members from the ground up

At Thompson Thrift we strive to achieve our core values of excellence, leadership and service every day. Our teams work with our partners to ensure they are receiving the service they expect and deserve.

Jose Kreutz

Jose Kreutz

Managing Partner, Luxury Leased Homes


Eric Wojak

Eric Wojak

Senior Development Director, Luxury Leased Homes


Eric Nelson

Eric Nelson

Director of Acquisitions, Luxury Leased Homes


Our Services

Maintenance free lifestyle inside and out

In addition to having outstanding locations in upscale areas, resort-style amenities, and the highest quality unit finishes, Thompson Thrift’s on-site management team is what sets us apart from other for lease homes. Our experienced management teams are committed to the highest level of service for our residents.

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Trust is built every single day. It’s not something that is built once and then you just have it the rest of your life. You build it, and then you keep building on it every single day.

Josh Purvis, Managing Partner, Watermark Residential