Thompson Thrift has closed its Thompson Thrift 2025 Multifamily Development, LP. The limited partnership offering raised more than $255 million in total capital commitments, surpassing the original goal of $230 million. The funds will be utilized to develop a portfolio of geographically diverse, class A multifamily real estate communities.
“Exceeding our capital-raising goal reflects the strong trust our investment partners place in our team and strategy,” said Paul Thrift, CEO of Thompson Thrift. “With multifamily construction starts at their lowest point in over a decade, we see a significant opportunity to deliver much-needed housing in key markets. We are excited to put this capital to work in building high-quality communities and creating lasting value.”
The 2025 limited partnership marks Thompson Thrift’s seventh multi-project development fund. The committed funds allow Thompson Thrift to strategically launch seven new, upscale multifamily developments
