A Solid Foundation
Partner With an Experienced Developer

John Thompson and Paul Thrift began their business partnership in Terre Haute, IN while attending Indiana State University with the acquisition and remodel of a single-family home. From these early roots, Thompson Thrift has grown into an integrated, full-service real estate company with a national footprint and 650+ team members.
As a vertically integrated real estate company, we complete our own development, construction, and community management, allowing us to maintain quality, efficiency, and long-term value across every stage of a project.
Our success is powered by a dedicated team and strong relationships with investors, vendors, and lending partners—anchored by core values of Excellence, Service, and Leadership.

Development Strategy
Our Disciplined, Proven, and Data-Driven Approach
Our experienced team brings a disciplined, repeatable development strategy that drives consistent results and long-term value.
Diversified Portfolio
With a 39-year track record of success in real estate development, we have consistently delivered strong results through a nationally diversified portfolio across the U.S.

Strategic Expertise for Superior Outcomes
We execute development, construction, and property management in-house, allowing us to control the process and mitigate risk.

Market Selection Process
We take a data-driven approach to market selection that we believe offers the opportunity to produce superior risk-adjusted returns.
Key Market Criteria:

Fundamental Site Criteria
Our team is disciplined by strictly adhering to fundamental site criteria on every deal.
Key Site Criteria:

Standardized Product Types
Our three primary standardized designs provide construction efficiency, cost predictability, and an end product that has been tried and tested, winning approval of residents through many successful builds and leases.

Real Estate Approval Process
Our rigorous approval process includes meticulous research and ongoing study at the market and site level, helping us maintain an identified pipeline of upcoming multifamily opportunities.

THE OPPORTUNITY IS NOW
Why Multifamily?

Decreasing Supply
New multifamily starts are at their lowest level in over a decade, setting the stage for favorable conditions for new properties entering the market in 2026–2028.

Strong Demand
Population growth, household formation, and lifestyle preferences continue to drive robust demand for rental housing.

Housing Affordability
The affordability gap between renting and homeownership has reached a record high, with monthly ownership costs significantly outpacing rents.