Thompson Thrift Opens 276-Unit Apartment Property in Colorado Springs
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- Disclosed multifamily deal value tracked in September 2026: $11.6B across 138 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
COLORADO SPRINGS, COLO. — Thompson Thrift has opened Switch, a multifamily community in Colorado Springs. Thompson Thrift 2023 Multifamily Development L.P. provided equity for the development. Situated on 11 acres at…
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