INDIANAPOLIS, IN – Full-service real estate company, Thompson Thrift has closed its Watermark Multifamily Development Fund IV LP with $253 million in equity.
The company will utilize the funds to develop 10 upscale multifamily communities and luxury leased homes throughout suburban growth markets across six states.
"This successful fund raise reflects the reputation for excellence that our team has earned over the years," states Paul Thrift, Thompson Thrift's president and CEO. "I am proud of our teams' long-standing track record, real estate expertise and our disciplined approach to pursing developments with strong fundamentals. I am grateful for the continued confidence our investment partners place in us."
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
