REAL ESTATE TECHNOLOGY
Thompson Thrift | February 25, 2022
Indianapolis-based Thompson Thrift Residential, one of the nation's leading multifamily developers, announced today the development of Notch66, a 336-unit multifamily community in the Boulder suburb of Longmont. Equity for the development was provided from Watermark 2021 Development Fund III, LP. Construction is expected to be completed by the first quarter of 2024.
Longmont was recently named the country's top 'Boomtown' and the Boulder area is home to dozens of the country's fastest growing private companies, Low unemployment rates, strong population growth and a highly educated workforce have contributed to a competitive housing market, and we expect Notch66 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.
Sitting on 18.4 acres at 2514 Main Street and Ute Highway, Notch66 will consist of 336 one-, two- and three-bedroom garden style apartment homes. Each apartment home will include many of the quality features Thompson Thrift Residential communities offer including elegant quartz countertops, stainless steel appliances, tile backsplashes, large walk-in closets, hardwood-style flooring, full-size washers and dryers, and more. Some apartments will also include detached garages and private yards.
Additionally, residents will enjoy many community amenities including a clubhouse with stylish spaces for entertaining, 24-hour fully equipped fitness centers, resort-style heated swimming pools, community-wide WiFi and a dog park.
Conveniently located on Longmont's north side, Notch66 is minutes from downtown Longmont and provides an easy commute to both Boulder and Denver.
Known as "the Silicon Valley of the Rockies", the Boulder metro has experienced robust job growth over the last decade. Area expansion is expected to continue well into the future, with a number of life science companies searching for a total of 1.6 million square feet of space in the Denver-Boulder area.
Notch66 is the second Thompson Thrift Residential community located in Longmont and the thirteenth community in Colorado. Thompson Thrift is a full-service real estate company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. Throughout its history, the company has invested more than $3.15 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive projects.
About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana, Houston and Phoenix. Three business units drive Thompson Thrift's success—Thompson Thrift Residential which is focused on upscale multifamily communities and luxury leased homes, Thompson Thrift Retail Group 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 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.
prnewswire | October 14, 2020
ERE Healthcare Real Estate Advisors (ERE) announced the release today of a whitepaper that explores the lesser-known tax advantages when participating in a sale and leaseback transaction. The whitepaper was developed to summarize the advantages ERE has gleaned from working closely with their clients, with the goal of giving physician real estate owners a clear understanding of their options and how to leverage them. Jamion Nash, Author of the whitepaper and a Financial Analyst with ERE, explains, "We've attempted to highlight three tax advantages/strategies that may positively impact physician real estate owners.
REAL ESTATE TECHNOLOGY
Transactly | June 08, 2021
Transactly, a rapidly growing Real Estate Transaction Platform, has announced the acquisition of Moncord Real Estate Professional Services based in Bellevue, Washington. With this acquisition, Transactly further expands their national network of tech-enabled Transaction Coordinators -- already the largest in North America -- to include Moncord’s vast team of coordinators in the Pacific Northwest.
“We are excited to welcome Moncord into the Transactly family,” says Transactly founder and CEO Bryan Bowles. “Alex and Lisa Mont-Ros have built an incredible team of talented individuals at Moncord. This acquisition significantly increases Transactly’s ability to serve agents, teams, and brokerages in all key markets across the country.”
Moncord was founded by Alex and Lisa Mont-Ros, a husband and wife duo whose leadership in recent years has grown Moncord into the leading transaction coordination service in the Pacific Northwest, helping their clients close over $5 billion in transactions. “This is a natural next step for Moncord,” said Alex of the acquisition, “Our goal has always been to empower TCs so they can be their best, which enables real estate agents to focus on efficiency and growth. With Transactly’s ever-improving tech -- which truly stands alone in the industry -- our coordinators will continue to deliver the level of excellence which clients have come to expect from both Moncord and Transactly.”
Transactly has retained all existing Moncord staff, and is enrolling all transaction coordinators and clients into their technology platform to ensure an ever-improving digital client experience -- something that is otherwise lacking in the real estate industry.