REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
Thompson Thrift | November 29, 2022
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced today the development of Alta25, a 264-unit Class A multifamily community in the Colorado Springs suburb of Monument. Thompson Thrift plans to welcome new residents starting in 2025.
"There is strong demand for luxury multifamily communities in this area, We expect that Alta25 will provide an appealing rental option for residents desiring the style, luxury and convenience that Thompson Thrift communities feature."
-Josh Purvis, managing partner for Thompson Thrift Residential
Located at 16218 Jackson Creek Pkwy, Alta25 will offer eight, three-story garden style buildings and 96 detached garages. The one-, two- and three-bedroom apartment homes will average 987 square feet with luxury finishes including gourmet bar-kitchens with elegant quartz countertops, timeless tile backsplash, stainless steel appliances, designer fixtures and finishes, Alexa-compatible smart hub to integrate all smart devices, smart thermostat and smart door locks, walk-in closets, full-size washers and dryers, as well as patio, balcony, and private yard options.
Luxury living will continue throughout the community with amenities such as a professionally decorated clubhouse, resort-style swimming pool, 24-hour fitness center, Amazon Package Hub, bike storage and workshop, thoughtfully designed courtyards, grilling stations, outdoor game area, an electronic firepit with seating area, a dog park, pet spa with grooming station, and more.
The site is adjacent to Monument Marketplace, which is home to over 658,000 square feet of retail and restaurants, and sits within The Village at Jackson Creek, a mixed-use project currently in development. Historic downtown Monument, less than three miles north, offers small-town charm filled with unique and locally owned boutiques, restaurants, galleries and spas.
Nearby Interstate 25 is currently being widened to six lanes, which will improve traffic flow from Colorado Springs to Denver, and further improve access to several major employers including Fort Carson, UCHealth Memorial Hospital North and Schriever Space Force Base.
Monument offers the ideal Colorado setting with views of Pikes Peak to the southwest, the Rocky Mountains to the west. Additionally, residents will enjoy an abundance of outdoor recreation, and highly rated public schools, both of which contributed to Monument being ranked as one of the best places to raise a family in Colorado.
During the past 30 years Thompson Thrift has developed more than $4 billion of ground-up development projects across the Midwest, Southeast and Southwest. The company made a name for itself by being one of the few developers to build high-quality, attractive Class A residential communities with a variety of conventional, luxury leased villa and townhome-style communities.
About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana; Denver, Houston and Phoenix. Three business units drive Thompson Thrift's success—Thompson Thrift Residential which is focused on upscale Class A multifamily communities and luxury leased homes, Thompson Thrift Commercial which is focused on ground-up commercial development, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of acquisition, development, construction, leasing, and management of quality multifamily, mixed-use, retail, industrial and commercial projects across the country. We are passionate about our customer's success and strive to ensure our projects not only meet the needs of our customers but also the communities we serve.
REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
RAD Diversified | November 28, 2022
RAD Diversified ("RADD") is pleased to announce the limited re-opening of its elite Inner Circle program for a select number of new members.
RADD's exclusive Inner Circle began in 2015 as a way for interested real estate investors to partner with RADD on select properties and opportunities. RADD will host a live webinar for all interested investors on November 28 at 7 pm EST. See registration details below.
"Our Inner Circle is the upper echelon of our business. It's the top investment tier of RADD. We first opened this exclusive club in 2015 at the urging of our shareholders and other stakeholders who wanted a way to invest directly alongside us in choice real estate opportunities,"
- Co-founder and CEO Dutch Mendenhall
During our upcoming live event, we'll discuss the state of real estate going into the end of the year, offer a Q&A, and also highlight some of our recent success stories, Examples like our Inner Circle member Kitson, who turned a $20,000 investment into more than $90,000 partnering with us on a property in Big Bear, California,Mendenhall continued.
What we are most proud of with Inner Circle is the track record. Since launching it over seven years ago, not a single Inner Circle member has lost a penny on any deal they've partnered on. We realize – and value – how special this is, added Co-founder Amy Vaughn.
Participation in Inner Circle is strictly limited to ensure a truly bespoke experience for each member. The event marks the final time Inner Circle opens to new members for the foreseeable future.
About RAD Diversified:
RAD Diversified is a real estate investment company that offers multiple ways to invest in residential, commercial, construction, and farmland real estate assets. Our RADD REIT adjusts its share price quarterly based on changes in its portfolio's underlying net asset value. Since its inception, RAD Diversified REIT and Companies have amassed over $100,000,000 in diverse property assets.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Chime Technologies | September 29, 2022
Chime Technologies, an award-winning real estate technology innovator, today announced it has acquired Rentancy, a provider of innovative property management software and services. With a shared mission to streamline and automate the time consuming, manual tasks typically associated with the real estate process and an unwavering commitment to innovative technology development, Chime and Rentancy will deliver a more comprehensive platform to address the entire real estate process from end to end.
Designed to improve property rent collection, accounting, and cash flow management for both residential and commercial properties, Rentancy’s unique software and services help real estate professionals stay focused on delivering stellar client service and growing their business. Rentancy’s flexible business model has proven to help boost profits, unleash cash flow, and simplify operations for customers across the UK. The addition of Rentancy to the robust Chime platform will enhance and streamline back-office capabilities and tenant sourcing operations to support the entire real estate lifecycle. Through this integration, Chime is well poised to deliver the technology solutions agents need to be successful in property management, a global market projected to grow to nearly $20 billion in 2022.
This news comes on the heels of several new Chime products unveiled this year including the Enterprise Platform, Active Recruiting, and Social Studio, to support the unique needs of Chime’s nearly 40,000 active users. The acquisition provides opportunity for geographic expansion across EMEA and underscores a commitment to delivering an end-to-end real estate business platform, purpose-built to help strategic real estate professionals succeed in an increasingly competitive market.
"Our mission is to provide the best technology tools and collaboration platform to help EVERY real estate professional globally thrive and prosper in today's highly competitive, technology-enhanced world, With Rentancy, we are at the beginning of a long-term product and business development journey expanding into European markets and global property management SaaS space."
-Joe Chen, CEO, Chime
The natural synergy between Rentancy and Chime was clear from the start and we are delighted to be part of the team, By combining our property management software and services with Chime’s award-winning sales acceleration platform, we can offer a complete real estate business solution that streamlines operations and empowers our clients to focus on building their business,said Kurt Lyall, Founder & CEO Rentancy.
About Chime Technologies
Chime is an award-winning real estate technology innovator headquartered in Phoenix, Arizona. Our AI-powered platform empowers real estate professionals, teams, and brokerages with the tools they need to automate lead generation operations, drive conversions, and grow their business.