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Thrive FP Launches $50M Fund, Hires Brogna

AUSTIN--Thrive FP, an Austin-based commercial real estate investment and lending firm, is launching a new, $50-million fund called Thrive Lending Fund LLC to ramp up its private-lending business throughout Texas.

By Anna Caplan | Updated on May 06, 2015

AUSTIN–Thrive FP, an Austin-based commercial real estate investment and lending firm, is launching a new, $50-million fund called Thrive Lending Fund LLC to ramp up its private-lending business throughout Texas.

Thrive FP has tapped 19-year banking industry executive Justin Brogna to run operations. Most recently, Brogna served as the Austin president of Independent Bank. He will now serve as Thrive Lending’s chief operating officer, where he will be responsible for carrying out the fund’s operations and lending efforts.

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