Founded in 1986 by John Thompson and Paul Thrift, Thompson Thrift has evolved from a regional construction firm into a nationally recognized, full-service real estate development company. Headquartered in Terre Haute, Indiana, the company operates through three primary business units: Thompson Thrift Residential, Thompson Thrift Commercial, and Thompson Thrift Construction. These divisions collectively manage the acquisition, development, construction, leasing, and management of multifamily, retail, and mixed-use properties across the United States. Thompson Thrift remains privately held and has raised over $1.6 billion in equity since 2008 to support the development of more than 90 multifamily communities across 23 states. The firm’s investment strategy is centered on ground-up development in suburban growth markets, with a strong emphasis on Class A multifamily assets, including garden-style apartments, luxury leased villas, and townhomes. Its disciplined, data-driven market selection process prioritizes demographic growth, absorption trends, and supply constraints.