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Bringing that positive energy: Indianapolis Commercial Real Estate Summit highlights plenty of good news

Bringing that positive energy: Indianapolis Commercial Real Estate Summit highlights plenty of good news
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Watermark Residential Sells Denver-Area Luxury Leased Townhome Community

Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation's leading multifamily developers, announced today the completed sale of Dayton Station, a 63-unit luxury leased townhome community in the coveted Cherry Creek community of Aurora. RedPeak acquired the property for $33.5 million.

Watermark Residential Sells Denver-Area Luxury Leased Townhome Community

Share this article Share this article DENVER, April 29, 2021 /PRNewswire/ Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation s leading multifamily developers, announced today the completed sale of Dayton Station, a 63-unit luxury leased townhome community in the coveted Cherry Creek community of Aurora. RedPeak acquired the property for $33.5 million. Denver continues to be a difficult market within which to buy a home, and there is an increasing amount of renters-by-choice who want to enjoy the single-family lifestyle without maintenance hassles, said Josh Purvis, managing partner of Watermark Residential. Our thorough process for identifying markets that are prime for institutional-grade, for-rent communities continues to have us deliver attractive returns to our investors.

Thompson Thrift Named a Top Apartment Developer, Builder by the National Multifamily Housing Council

Thompson Thrift Named a Top Apartment Developer, Builder by the National Multifamily Housing Council News provided by Share this article Share this article INDIANAPOLIS, April 15, 2021 /PRNewswire/ Indianapolis-based Thompson Thrift, a full–service nationally recognized real estate company, earned national recognition by making the National Multifamily Housing Council s (NMHC) 2021 NMHC 50, the annual ranking of the nation s largest apartment owners, managers, developers, builders and syndicators.   I am exceedingly proud that our team adapted to the ever-changing operating environment that the pandemic presented and stayed focused on our ethos of excellence, service and leadership to deliver a banner year for our company, said Paul Thrift, CEO of Thompson Thrift. As a fully integrated company, our developers and builders are able to collaborate in a unique way that allows us to take projects from vision to reality.

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