Diligence memo · auto-generated · as of July 2, 2026
Thompson Thrift 2024 Multifamily Development, LP
Thompson Thrift 2024 Multifamily Development, LP has raised $129M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Thompson Thrift 2024 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 2024 Multifamily Development, LP has raised $129M 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: $129M on 2024-01-09.
Most recent recorded round closed around 2024-01-09.
Valuation (modeled)modeled
Provath models Thompson Thrift 2024 Multifamily Development, LP at approximately $909M (range $731M–$1.3B). 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 2.5 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 99% of Construction peers (1338 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Thompson Thrift 2023 Multifamily Development, LP, Construction Partners, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.