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Transactions - MAY 17, 2022

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Thompson Thrift Residential to develop luxury 320-unit multifamily community outside Orlando

by Released

Thompson Thrift Residential has plans to develop Canter, a 320-unit class A multifamily community in the Orlando suburb of Ocala, Fla. Equity capital for the development was provided from Thompson Thrift’s Watermark 2022 Multifamily Development Fund, IV, LP. Construction is set to begin later this month, and Thompson Thrift plans to welcome new residents starting in the summer of 2023.

“Housing Supply has not kept pace with Ocala’s population and job growth in recent years, leaving many residents searching for new housing outside the city limits,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We are thrilled to be bringing one of our distinctive multifamily communities to Ocala for people desiring a top-quality housing option that is close to where they work.”

Located at 4945 SW 49th Place, Canter is 10 minutes from downtown Ocala and across the street from West Marion Community Hospital, a 186-bed hospital that offers awar

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