Thompson Thrift Named one of Indiana’s Largest Commercial Real Estate Developers for Third Consecutive Year
June 26, 2025
Indianapolis, IN
INDIANAPOLIS (June 26, 2025) – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, has ranked fourth on Indiana Business Journal’s Largest Commercial Real Estate Developers list for 2025. This marks the firm’s third consecutive appearance, following a fourth place ranking in 2024 and seventh in 2023.
“This honor reflects our continued focus on excellence, innovation and delivering high-quality developments that make a meaningful impact across Indiana and beyond,” said Dan Sink, president and chief financial officer of Thompson Thrift. “As we continue to grow, we remain committed to creating lasting value in the communities we serve.”
The IBJ ranking is for Indianapolis-area firms based on total square feet completed or under construction in 2024. For Thompson Thrift, that amounted to more than 13.5 million square feet of developments across 10 states, with 89% representing multifamily developments, 7% were retail properties and the remaining 4% were industrial developments.
“Being recognized by the Indiana Business Journal for the third year in a row speaks directly to the strength and dedication of our development and construction teams,” said Brian Timberman, president of Thompson Thrift Construction. “Their ability to deliver thoughtfully designed communities at scale, across multiple markets, is what makes achievements like this possible.”
Highlights for the company last year included continued progress on the $750 million expansion of Fishers District outside Indianapolis, starting construction on 2,659 multifamily units across Florida, Georgia, and Colorado, and the groundbreaking of Thompson Thrift’s first multifamily community in Idaho. The company was also proud to be named a Top Developer and Builder by NMHC in 2024, a distinction Thompson Thrift earned again in 2025.
Thompson Thrift is a full-service real estate development company focused on ground-up residential and select mixed-use development across the country. Since its founding nearly 40 years ago, Thompson Thrift has invested more than $6 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily communities and commercial projects.
