Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana, Houston, Texas, and Phoenix, Arizona. Three business units drive Thompson Thrift’s success—Watermark Residential, focused on upscale apartment home communities and luxury leased homes; Thompson Thrift Retail Group (TTRG), focused on ground-up mixed-use and retail development and leasing; and Thompson Thrift Construction, a full-service construction company.
John Thompson and Paul Thrift began laying plans for their business partnership while attending Indiana State University. Those plans came to fruition in 1986 with the founding of Thompson Thrift.
Since that time, Thompson Thrift has grown from a locally focused development and construction company into an integrated, full-service real estate company with a national scope.
Thompson Thrift’s commitment to Excellence, Service, and Leadership has been and will remain a hallmark of the company as it continues to move into the future.
At Thompson Thrift, each project is a partnership with our stakeholders - investors, residents, tenants, vendors, and team members. We promote a working environment in which communication and service are essential. We embrace a philosophy of transparency in conducting business and are proud of the culture of customer service we have developed.
Our business model provides us with the in-house capabilities necessary to acquire a site, perform feasibility and due diligence, design and construct, then lease, sell or manage it. Our seamlessly integrated menu of services and functions provides our partners with the resources they need to reach their goals, regardless of the project size or complexity.
John Thompson and Paul Thrift began laying plans for their business partnership while attending Indiana State University. Those plans came to fruition in 1986 with the founding of Thompson Thrift.
Since that time, Thompson Thrift has grown from a locally focused development and construction company into an integrated, full-service real estate company with a national scope.
Thompson Thrift’s commitment to Excellence, Service, and Leadership has been and will remain a hallmark of the company as it continues to move into the future.
At Thompson Thrift, each project is a partnership with our stakeholders - investors, residents, tenants, vendors, and team members. We promote a working environment in which communication and service are essential. We embrace a philosophy of transparency in conducting business and are proud of the culture of customer service we have developed.
Our business model provides us with the in-house capabilities necessary to acquire a site, perform feasibility and due diligence, design and construct, then lease, sell or manage it. Our seamlessly integrated menu of services and functions provides our partners with the resources they need to reach their goals, regardless of the project size or complexity.
Location: United States, Iowa
Employees: 201-500
Phone: +1 812-235-5959
Founded date: 1986
Investors 2
| Date | Name | Website |
| 11.01.2026 | His Fund | his.fund |
| - | South Cent... | southcentr... |
Mentions in press and media 13
| Date | Title | Description |
| 19.02.2026 | Arizona investor buys Notch66 apartments in Longmont for $103M | Getting your Trinity Audio player ready... Thompson Thrift Development Inc. recently offloaded Notch66, a 336-unit apartment complex in Longmont that the Indiana-based developer built in 2024, to Arizona investor The Wolff Co. Already have ... |
| 13.06.2025 | Thompson Thrift adds Colorado leader to oversee residential development | DENVER — Thompson Thrift Development Inc., an Indianapolis-based developer, recently hired Bo Chapman as senior vice president of development to oversee multifamily residential development efforts in a region that includes Colorado. Subscri... |
| 13.06.2025 | Barings: $548.5 Million Loan Provided To Refinance National Multifamily Portfolio | Barings, which is one of the world’s largest diversified real estate investment managers, announced it has provided a $548.5 million loan to refinance a portfolio of nine multifamily communities totaling more than 2,500 units across six sta... |
| 27.12.2024 | Business | Thompson Thrift to develop 324-unit apartment complex in Longmont | Thompson Thrift Residential, an Indianapolis-based development company, plans to build a 324-unit apartment complex in Longmont. Heritage on Hover will be located near the intersection of Mountain Brook Drive and South Hover Street and will... |
| 05.07.2024 | AtHome Colorado | Thompson Thrift to develop 344-unit luxury multifamily community in Fort Collins | Related Articles AtHome Colorado | Erickson Realty rebrands to Enjoy Realty AtHome Colorado | Feel at home on your vacation with a home exchange AtHome Colorado | Life transitions: Empty nesters or multi-generational housing AtHome Colorado... |
| 05.07.2024 | AtHome Colorado | Life transitions: Empty nesters or multi-generational housing | Related Articles AtHome Colorado | Thompson Thrift to develop 344-unit luxury multifamily community in Fort Collins AtHome Colorado | Erickson Realty rebrands to Enjoy Realty AtHome Colorado | Feel at home on your vacation with a home excha... |
| 05.07.2024 | AtHome Colorado | Ask Angi: What are some good summer projects? | Related Articles AtHome Colorado | Thompson Thrift to develop 344-unit luxury multifamily community in Fort Collins AtHome Colorado | Erickson Realty rebrands to Enjoy Realty AtHome Colorado | Feel at home on your vacation with a home excha... |
| 05.07.2024 | AtHome Colorado | Design Recipes: Family-friendly spaces | Related Articles AtHome Colorado | Thompson Thrift to develop 344-unit luxury multifamily community in Fort Collins AtHome Colorado | Erickson Realty rebrands to Enjoy Realty AtHome Colorado | Feel at home on your vacation with a home excha... |
| 13.06.2024 | Local News | Erie fields neighbor concerns over housing project at 111th Street and Arapahoe Road | LaRue said that in 2023, Arapahoe Road averaged 16,000 daily vehicle trips and 111th averaged approximately 5,000 daily vehicle trips. A group of Lafayette and Erie residents represented by a lawyer raised concerns about the planned high-de... |
| 08.06.2021 | Thompson Thrift Named as Finalist of NAA's Top Places to Work |
Show more