DENVER, CO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced that it will develop Stack at Wheat Ridge, a 255-unit Class A multifamily community in the Denver suburb of Wheat Ridge. Construction is expected to be completed in winter 2026.
“Wheat Ridge stands out as the location provides convenient access to the city’s top employers and shopping venues, as well as numerous outdoor activities,” said Josh Purvis, managing partner for Thompson Thrift Residential. “Similarly, we believe that our latest Thompson Thrift community, Stack at Wheat Ridge, will deliver a unique blend of exceptional living for our residents and an attractive investment opportunity for our partners.”
Nestled in the foothills of the Rocky Mountains, Stack at Wheat Ridge will sit on just over seven acres at the corner of Kipling Street and 44th Avenue. The community will feature 255 apartment homes in one-, two-, and three-bedroom configurations.
Each apartment home will also offer luxury amenities including elegant quartz countertops, stainless-steel appliances, glass-top ranges, hardwood-style flooring, granite vanity tops and undermount sinks, a walk-in shower, full-size washers and dryers, multiple smart home capabilities and many other designer fixtures and finishes. Select signature units may also feature premium stainless-steel appliances and cabinetry with soft-close doors, a deluxe closet system with shelving, premium lighting, premium kitchen hardware and countertop colors, a dry bar and advanced smart home capabilities. Patio and balcony and detached garage options are also available.
Community amenities will also feature many of the high-end features that Thompson Thrift communities are known for, including a fully equipped 24-hour fitness center, a yoga and spin studio with on-demand fitness classes, a resort-style heated swimming pool, electric firepits with seating areas, a billiards area, a dog park and a pet spa with grooming station, just to name a few. Residents may also take advantage of the event suite with a full kitchen and resident conference room. An on-site service team, valet trash service and a user-friendly mobile app will also be available.
Along with Stack at Wheat Ridge’s many amenities, the community also offers brilliant connectivity to I-70, which provides simple access to Denver’s Central Business District. Denver Federal Center, home to approximately 28 different federal agencies, CoorsTek, a privately owned company focused on exploration technology, and Home Advisor, a digital marketplace leader, are among the major employers in the area. Nearby retail centers, such as Kipling Ridge and Arvada Ridge Marketplace, offer residents access to many shopping and dining options, including Costco, Starbucks, Chipotle and more.
Wheat Ridge is located on the west side of the Denver metropolitan statistical area, providing access to both the city of Denver and small drive to the recreational activities in the Rocky Mountains. Denver’s west side is also home to many of the city’s most desirable neighborhoods, including Sloan’s Lake, which borders Wheat Ridge. Within five miles of Stack at Wheat Ridge, the average home value exceeds $552,000.
The company continues to expand its footprint with 11 new residential developments targeted for 2025. Stack at Wheat Ridge will be the company’s 20th Colorado location, further expanding Thompson Thrift’s presence in the area. Thompson Thrift 2024 Multifamily Development, LP will provide equity for Stack at Wheat Ridge.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $6 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.

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BURLESON, TX – Elevate Commercial Investment Group announced the acquisition of Camden Crossings, a premier 144-unit multifamily community located just 15 minutes south of Fort Worth in Burleson, Texas. This strategic acquisition aligns with Elevate’s commitment to providing high-quality, cash-flowing real estate opportunities while delivering strong, risk-adjusted returns to investors.
Built in 2023, Camden Crossings is a Class A garden-style apartment community featuring modern amenities such as a resort-style swimming pool, a pickleball court, a dog park, and stylish unit finishes including granite countertops, stainless steel appliances, and private balconies. The property benefits from a prime location in Burleson, a rapidly growing submarket with strong demographics, highly rated schools, and simple access to major employment hubs in the Dallas-Fort Worth metroplex.
This acquisition represents a compelling investment opportunity, with Elevate purchasing the asset at a highly favorable cost basis of $160,000 per unit and purchasing from the original developer. The property benefits from an innovative financing structure.
“Our acquisition of Camden Crossings underscores our disciplined approach to identifying high-quality assets with strong upside potential,” said Jorge Abreu, Co-Founder and CEO of Elevate Commercial Investment Group. “With a stabilized cap rate of 7.6% and projected investor returns exceeding 17% IRR, we believe this asset will generate long-term value for our investors while enhancing the residential experience in Burleson. Although it was tempting to do more deals in 2024 we stayed disciplined and positioned ourselves and our investors for a strong 2025 and beyond.”
The five-year business plot for Camden Crossings focuses on optimizing operational efficiencies through Elevate’s vertically integrated management platform. Elevate’s in-house construction and property management teams will work to streamline expenses, drive rent growth, and maximize NOI to ensure sustained asset appreciation.
With over $650 million in assets under management and a track record of successfully executing value-add strategies, Elevate Commercial Investment Group continues to strategically expand its presence in target markets including Dallas and its submarkets.

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DALLAS, TX – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Livano Canyon Falls, a newly constructed multifamily property comprised of 300 units in Northlake, Texas. Built in 2024, the property is part of the larger Canyon Falls master-plotted community, which covers 1,199 acres across Northlake, Argyle, and Flower Mound.
“We view this as an exceptional opportunity to buy a newly developed asset in a dynamic and highly desirable submarket of the Dallas-Fort Worth area,” said Yisroel Berg, Chief Investment Officer of Multifamily at HGI. “Leveraging our extensive management expertise in Texas, we are confident in our ability to drive a successful lease-up and fully capitalize on potential for revenue growth as the property reaches stabilization.”
The property’s Northwest Dallas location has experienced rapid growth, experiencing a 513% increase in population since 2010. As the area continues to expand, new multifamily development remains constrained, with only one project currently under construction. Livano Canyon Falls benefits from direct access to AllianceTexas, a 27,000-acre master-plotted community that serves as one of the region’s largest economic catalysts. Spanning 58 million feet, AllianceTexas offers Livano Canyon Falls residents proximity to the area’s major employers, including Deloitte, Charles Schwab, Fidelity, Amazon and Facebook.
Livano Canyon Falls features a mix of one-bedroom, two-bedroom, and three-bedroom floor plans, with an average floor plot of 1,015 square feet. Unit interiors include high ceilings, stainless steel appliances, private balconies or patios, and private backyards in select units. Community amenities include a designer clubhouse, an entertainment kitchen, private offices, a business center with conference rooms, a resort-style pool with a sun deck and electric vehicle charging stations, among other features.
The investment adds to HGI’s deep footprint in the Dallas-Fort Worth MSA, owning nearly 40 properties in this submarket throughout its history.

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