The content contained in this webpage pertains to the Thompson Thrift 2025 Multifamily Development, LP (2025 Partnership) and is solely intended for the consumption of Thompson Thrift Investment Partners and Accredited Investors and should not be quoted or relied upon by any outside parties including media outlets. Purchased interest in the 2025 Partnership is solely offered to Accredited Investors pursuant to the Offering Memorandum and related documents and is subject to the disclaimers and Risk Factors contained therein. This is not a solicitation or an offer to buy or sell any security or other instrument. This summary presentation is being provided to you solely for your information and discussion. This is not a legal document, and the summarized terms herein do not encompass all relevant, detailed terms of the 2025 Partnership. Information contained within may change without notice. Nothing herein constitutes investment, legal, accounting, or tax advice, or that any investment is suitable or appropriate to your individual circumstances or otherwise constitutes a personal recommendation to you. Past performance is not indicative of future results. Accordingly, actual realized values of unrealized investments may differ materially from the potential values indicated herein. This presentation contains opinions and views that are subject to interpretation and should not be relied upon as fact. Information contained within the written or video market outlook content may change without notice. Securities offered through North Capital Private Securities Corporation, member FINRA and SIPC. Their Form CRS can be viewed here and their BrokerCheck page can be viewed here. Private investments are speculative, illiquid and carry the risk of complete loss. Other risks may include, but are not limited to, potential blind pool risks, environmental risks, property management risks and competition risks.
Thompson Thrift
Partner With an Experienced Developer

Thompson Thrift draws on decades of industry experience to deliver strong partnership opportunities in our real estate developments. Accredited equity partners can participate in private real estate partnerships funding Thompson Thrift multifamily development projects across suburban growth markets.
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 equity partners, 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.
