INDIANAPOLIS, IN – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting on Slate at Fishers District, a 242-unit luxury townhome and villa community that is part of the master-plotted Fishers District development. The first residents started moving in May and the community is already nearly 20% leased.
“We continue to see demand from renters that want the maintenance-free benefits and amenities of traditional apartments with the space and comforts of single-family homes,” said Josh Purvis, managing partner of Thompson Thrift Residential. “Slate at Fishers District delivers on those trends and provides residents with incredible access to all of the shopping, dining and entertainment Fishers District provides.”
Sitting on approximately 25 acres in the southeast quadrant of I-69 and 116th Street, Slate at Fishers District consists of one-, two- and three-bedroom villas, along with three- and four-bedroom townhomes, all in a modern farmhouse style. The residences average 1,215 square feet and feature premium amenities such as gourmet bar-kitchens with quartz countertops; stainless steel appliances; 10-foot ceilings with designer light fixtures; walk-in closets with custom wood shelving; full-size washers and dryers, smart home technology, and much more.
Residents of Slate at Fishers District will have simple access to the I-465 loop and downtown Indianapolis. Additionally, Slate at Fishers District is adjacent to Fishers District, a mixed-use development with a heavy culinary focus and 110,000 square feet of retail space. As part of the project, a public linear park, including a paved trail, will provide the entire community with direct pedestrian and bike access to Fishers District and The Crossing at Fishers District, which will be home to a 7,500-seat event center that will host sporting, theatrical and entertainment events, as well as additional restaurant, retail, hospitality and residential options.
Thompson Thrift expects construction for Slate to conclude in early 2024. At today’s ribbon-cutting, visitors were able to view model tours as well as see the professionally decorated clubhouse, 24-hour fitness center, resort style swimming pool with cabanas and bark parks and doggie spas. Additionally, in support of Thompson Thrift’s commitment to community outreach, they presented a check to the Indiana chapter of A Kid Again, a non-profit that serves families who are raising kids living with life-threatening conditions by providing cost-free, fun-filled destination events throughout the year.
Thompson Thrift is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. During the past 30+ years, Thompson Thrift has invested more than $4 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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SAN ANTONIO, TX – Soon San Antonio seniors will have a brand-new option for independent living, Bella Vida at La Cantera. The community offers an innovative approach to senior living with flexible and customizable service delivery and resort-level amenities. Bella Vida is designed to deliver a mix of amenities and wellness, as well as peace of mind.
The 21-acre community will be located just north of 1604 off I-10, near the Eilan Hotel and Spa and La Cantera Resort and Spa. It is adjacent to the Crownridge neighborhood and overlooks the rolling hills of Texas Hill Country. Bella Vida is being developed by Texas-based nonprofit Forefront Living, long considered a leader in the senior living industry.
“San Antonio seniors deserve the quality and level of services we provide. We look forward to exceeding their expectations in every way possible,” said Tim Mallad, CEO of Forefront Living. “We plot to make a community where residents can thrive. Not only will the community be gorgeous, but it will be filled with the amenities that make it simple to live an active and engaging lifestyle.”
Once complete, Bella Vida will consist of 153 Independent Living apartment homes and 40 villas with attached garages, with a variety of floor plans ranging from 820 to 2,550 square feet. A rich variety of amenities will include a salon and spa, fitness center, sports courts (such as pickleball), casual fine dining, an indoor swimming pool, a walking trail, wellness programming, and more.
Recognizing that today’s seniors desire flexibility and choice, Forefront Living will offer their “Flexible Service Program” that allows residents to customize their service package based on their preferences and lifestyle.
Maintaining an independent living lifestyle means multiple things to seniors today. Everything from fitness and wellness to making social ties, to traveling without worrying about property maintenance, are all part of the appeal. Bella Vida at La Cantera will also provide a new approach to maintaining a long-lasting independent lifestyle – a wellness concierge service. If and when residents need future care or additional help, wellness services can be added in seamlessly without necessitating a go to a different community or area of the neighborhood. A special Memory Support neighborhood will also be offered for those who would benefit from a more secure and programmed setting.
“We’ve designed Bella Vida at La Cantera to provide a continuity of support,” noted Mallad. “Today’s seniors want a self-directed life, and Forefront Living wants to honor their preferences at every stage. Bella Vida at La Cantera will provide a “Gorgeous Life” for San Antonians who have worked hard and deserve this lifestyle.”

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EVERETT, WA – CEP Multifamily announced their acquisition of Regal Ridge, a 97-unit market rate garden apartment community in Spokane’s desirable South Hill neighborhood.
Regal Ridge is the first acquisition in Spokane for the vertically integrated Everett-based firm and grows their existing Pacific Northwest portfolio to 1,606 units, 475 of which are outside of the Puget Sound Region.
The acquisition price was $21.5 million ($221,650 per unit), according to Josh Jansen, CEP Multifamily’s President and Managing Partner.
“We have targeted the Spokane MSA as a top growth market for our suburban, core-plus investment strategy,” said Jansen. “Spokane County boasts strong local economic fundamentals as the Inland Northwest’s regional employment hub. Residents delight in a high quality of life and relative housing affordability, which have fostered a diverse, well-educated labor pool. These factors have supported long-term population and employment growth…trends we believe will accelerate in the coming years. We look forward to continuing to grow our presence in the Spokane metro.”
Ryan Harmon, Nicholas Ruggeiro, Giovanni Napoli, and Philip Assouad of Institutional Property Advisors (IPA) brokered the transaction.
CEP Multifamily is a private equity real estate firm providing accredited investors opportunities to invest in multifamily assets in the Pacific Northwest.

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