Thrive Development

About Thrive Development

Thrive Development is a real estate operator. Thrive Development operates in Albany-Schenectady-Troy, New York, Boise, Idaho and Provo-Orem, Utah. Its investment focus is on Medical Office & Healthcare, Multifamily - Ground-up and Single-family rental.

Thrive Development is a Salt Lake City, Utah-based real estate development firm founded in 2015. The company operates as a partnership and maintains a lean team of approximately 2–10 employees, supported by professionals with more than 30 years of combined industry experience. Its leadership team includes specialists in development, finance, project management, and investor relations, with experience spanning multiple asset classes across the western United States. The firm focuses on the development of multifamily, office, industrial, and retail properties. Its commercial portfolio emphasizes medical, dental, and professional office buildings designed for long-term tenant use. Thrive's team has developed over 1.5 million square feet of commercial real estate projects and has overseen the entitlement of more than 2,500 multifamily units. The company also has experience with senior living communities, gym-anchored shopping centers, storage facilities, and office warehouse projects. Thrive primarily operates throughout Western U.S. markets, pursuing projects that combine development expertise with investor partnerships and asset management capabilities.

Principals at Thrive Development