Diligence memo · auto-generated · as of July 3, 2026
Thompson Thrift 2023 Multifamily Development, LP
Thompson Thrift 2023 Multifamily Development, LP has raised $392M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Thompson Thrift 2023 Multifamily Development, LP operates in Construction, based in INDIANAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Thompson Thrift 2023 Multifamily Development, LP has raised $392M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $392M on 2023-01-27.
Most recent recorded round closed around 2023-01-27.
Valuation (modeled)modeled
Provath models Thompson Thrift 2023 Multifamily Development, LP at approximately $2.8B (range $2.2B–$4.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 3.4 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 100% of Construction peers (1338 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: Construction Partners, Inc., Thompson Thrift 2024 Multifamily Development, LP.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.