Thompson Thrift to Develop 300-Unit The Highline Apartment Property Near Boise
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 October 2026: $51M across 2 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
NAMPA, IDAHO — Thompson Thrift has begin construction of The Highline, a multifamily community in Nampa, approximately 20 miles west of Boise. Slated to welcome residents in early 2028, The Highland will feature 300 o…
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