Thompson Thrift breaks ground on apartment project near boise, Idaho. Multi-Housing News Thompson Thrift has broken ground on the Highline, a 300-unit apartment property in Nampa, Idaho. The Indianapolis developer is building the property at 16761 North Idaho Center October 8, 2026 South Florida Business Journal Tyko Capital has provided $507 million of construction financing for the 106-unit condominium project at 1250 West Ave in Miami Beach, Fla A venture led by Terra of Miami is developing the 28-story property Unit sales... October 8, 2026 Multi-Housing News Affinius Capital has provided a $948 million loan for the construction of Zev Corvallis, a 262-unit student-housing property near Oregon State University in Corvallis, Ore The 13-story property, at 516 SW Fourth St, is being... October 7, 2026 Puget Sound Business Journal Bank OZK has provided $725 million for the development of the Brizo, a 239-unit apartment property in downtown Bellevue, Wash The loan was provided on behalf of the developer, SRM Development of Spokane, Wash, which is... October 6, 2026 Crain's Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to... October 6, 2026 Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia's Port Richmond neighborhood D2 Capital Advisors arranged... October 5, 2026 Puget Sound Business Journal Trinity Property Consultants has paid $72 million, or $196,721/unit, for the Groves, a 366-unit apartment property in the Seattle suburb of Kent, Wash The Irvine, Calif, investor acquired the property, at 10811 SE 239th... October 2, 2026 Silicon Valley Business Journal Preylock Holdings has paid $2683 million, or $54593/sf, for the Assembly, a 491,458-square-foot industrial and research and development property in San Jose, Calif The Los Angeles investor acquired the six-building... October 2, 2026 Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer... October 2, 2026 An affiliate of General Investment & Development Cos, or GID, has paid $425 million, or $177,083/unit, for the 240-unit Windsor TownPark apartment complex in Kennesaw, Ga The Boston investment manager acquired the property from an affiliate of... Recent. October 8, 2026 * Transactions * CMBS * Exec Changes October 8, 2026

Thompson Thrift begins construction on The Highline a 300-unit luxury multifamily community near Boise Idaho. October 1, 2026 Thompson Thrift, a full-service nationally recognized real estate company, announced the development of The Highline, a 300-unit luxury multifamily community in Nampa. The community is expected to welcome its first residents in early 2028. "The Highline reflects our continued commitment to thoughtful growth in markets with strong long-term fundamentals," said Josh Purvis, managing partner of Thompson Thrift Residential. "As we expand our presence in the Boise area, we remain focused on creating high-quality communities that serve residents and positively impact the surrounding neighborhood." The Highline will be located within East Ranch, a master-planned mixed-use community that will feature a blend of high-value single-family homes and flex industrial space with integrated retail, creating a walkable and amenity-rich environment for future residents. Positioned less than one mile from I-84, The Highline also offers direct access to the Treasure Valley's primary east-west thoroughfare and convenient connectivity throughout the Boise MSA, one of the fastest-growing regions in the Pacific Northwest. "Nampa continues to distinguish itself as one of the most compelling markets in the Boise metro, supported by sustained population growth, expanding employment opportunities and strong regional connectivity," said Bo Chapman, senior vice president of development for Thompson Thrift Residential. "The Highline's location within East Ranch positions the community to benefit from these strong fundamentals and meet the continued demand we're seeing across the Treasure Valley." The community will offer a mix of one-, two- and three-bedroom apartment homes with private entrances averaging 1,100 square feet. Residences will feature quartz countertops, stainless-steel appliances, designer fixtures and finishes, hardwood-style flooring, full-size washers and dryers, walk-in closets and smart-home technology. Detached garages and patio, balcony, and private yard options will also be available. The Highline's resort-style amenity package will include a 24-hour fitness center, heated swimming pool and lap pool, thoughtfully designed courtyards, fire pits and grilling areas, outdoor games and a pickleball court. Residents will also have access to a 24-hour social hub with billiards and shuffleboard, focus rooms, conference space, bike storage, two dog parks and a pet spa. The community's location provides convenient access to several of the region's major employers, including J.R. Simplot, St. Luke's Nampa & Saltzer, Plexus, St. Alphonsus and the College of Western Idaho. The broader Boise metropolitan area is anchored by major employers including HP, Boise State University, Albertsons and Micron, whose $50 billion expansion is expected to add approximately 2,000 direct jobs and 15,000 indirect jobs in Boise. The Highline name is inspired by elevated rail lines and Idaho's expansive horizon, evoking connection and perspective while complementing the community's distinctive gabled rooflines and strong architectural profile. The Highline represents Thompson Thrift's second multifamily development in Nampa and builds on the company's growing presence in Idaho. Earlier this year, the company completed construction of The Logan, a 264-unit Class A multifamily community and Thompson Thrift's first development in the state. Located approximately one mile from The Highline, The Logan welcomed its first residents in November 2025 and completed construction in June 2026. The Highline will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development, LP. Since its founding, Thompson Thrift has invested more than $7.3 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing and management of high-quality real estate projects nationwide. Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2026 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace.

Thompson Thrift launches ninth Multifamily Development limited partnership. September 24, 2026 Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced the launch of Thompson Thrift 2027 Multifamily Development, LP, its ninth multi-project development partnership. The offering seeks to raise approximately $200 million to $230 million in total capital commitments from accredited equity partners to develop a geographically diversified portfolio of Class A multifamily communities. The partnership has identified six development opportunities across Colorado, Kentucky, Montana, Arizona and Nevada, providing equity partners exposure to a diversified portfolio of projects through a single commitment. The portfolio also reflects Thompson Thrift's continued expansion across the western United States, including its first multifamily development opportunity in Montana. Thompson Thrift is launching the partnership at what company leaders believe is an especially compelling point in the multifamily development cycle. "After four years of correction in the multifamily market, we believe we are clearly entering the next cycle," said Paul Thrift, CEO and co-founder of Thompson Thrift Development. "New starts have been declining for several years, the record wave of new supply has largely been absorbed, and we are beginning to see improvement in rents and concessions, alongside continued strong demand and healthy occupancy. We believe these fundamentals create a compelling window for new development in the right markets." "One of the advantages of our business model is the ability to move in and out of markets across the country and deploy capital where we believe the fundamentals create the greatest opportunity at any given point," said Josh Purvis, managing partner of Thompson Thrift Residential. "The six opportunities identified for the 2027 partnership reflect that approach, allowing us to pursue compelling supply-and-demand dynamics across multiple markets while maintaining the disciplined site selection that has guided our growth." The launch comes as Thompson Thrift concludes its 40th year. Since its founding, the company has invested more than $7.3 billion into local communities and grown into a vertically integrated national real estate organization with more than 660 team members. Since 2010, Thompson Thrift has started more than 27,000 residential units and deployed approximately $2 billion in equity capital. "For the past 40 years, we have maintained an unwavering commitment to pursuing high-quality real estate development opportunities, executed with the utmost integrity and a history of delivering for our real estate partners," said JR Plyler, chief investment officer of Thompson Thrift. "We are especially grateful for the equity partners who continue to place their trust in us and helped make that growth possible. This ninth multi-project partnership represents both the strength of those long-standing relationships and our confidence in the opportunity ahead." The limited partnership is being offered exclusively to accredited investors pursuant to Regulation D, Rule 506(c) under the Securities Act of 1933, as amended (the "Securities Act"). As general solicitation is permitted under Rule 506(c) offerings, purchasers must meet verification requirements for validation of their accredited investor status. Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2026 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace.