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July 20, 2021

TT Weekly

Our Mission: To positively impact our team members and the communities we serve.

Mission Statement

  • To positively impact our team members and the communities we serve.

Core Values

  • Excellence. Service. Leadership.

Core Competencies

  • Instills Trust.
  • Communicates Effectively.
  • Drives Results.
  • Displays Curiosity.

Thompson Thrift Highlights

Content 2

Article

Leadership Invests Time To Work Toward Vision 2025

Honoring the commitment to work toward Vision 2025, Executive Leaders invested last week to review plans established in 2019. The two days were full of information and discussion.

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Classic

Article

Introducing the Watermark Prototypes: Classic

The Classic is a 3-story garden-style apartment building featuring up to 12 units per floor and is accessible via exterior entrances and air-conditioned hallways. The Classic offers one-, two-, and three-bedroom apartment homes. Classic apartment homes feature either a balcony or ground floor patio with select ground floor homes featuring puppy porches. Parking options vary from surface-level parking, for-rent carports, and/or freestanding single-car garages.

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Company News

Beltline 1

It's A Big Deal!

Grand Rapids, Beltline (The Grove by Watermark) is Now Leasing!

Our construction team is working hard and making great progress on this beautiful community. Grand Rapids, Beltline (The Grove by Watermark), is located at 3590 Beltine Avenue NE, Grand Rapids, MI. This 24-acre community will include 320 one-, two- and three-bedroom apartment homes, averaging nearly 1,200 square feet. We look forward to welcoming residents this fall!

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Mental health

Living Well Program

Wellness Workshop - Mental Health

Join Kristen Campbell and WellFit for a mental health virtual lunch and learn on Tuesday, July 13th from noon-1:00 PM EST. This is an entry level conversation that lays the foundation for mental health awareness and education as well as learning about Thompson Thrift’s benefits that support mental health. This event is being hosting via Teams.

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CEO Roundtable TTW

Intern CEO Roundtable

CEO Roundtable - Intern Style!

Our CEO Roundtable program has allowed many team members to have some face time with John and Paul to discuss a variety of topics in an open forum.

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Industry News

Market Research Highlights

Home Prices Rose by More Than 50% in These 10 Markets Since 2017 – azcentral (June 2, 2021)
  • Leading the pack is Boise City, Idaho, where median price surged by 72%, to $385,000 from $224,000
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Market Research Highlights

These Smaller Cities are Magnets for New Residents - CoStar (June 2021)

The strongest regions for population growth in relation to their mid-sized cities are the greater Sun Belt and Mountain West due to affordability, abundant job opportunities and low taxes

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Market Research Highlights

Surging Prices, Supply Shortages Have Impacts Beyond Housing Segment - Marcus & Millichap (June 2021)
  • YoY cost of lumber has jumped by 90%, steel has risen by 67%, gypsum (used to make drywall) is up 12% and concrete is up 3%
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People and Operations

New Team Members

We are excited to welcome our new team members.

Hartigan Glen June 2021w

Retail

Glen Hartigan

Senior Development Manager, Florida

Young Chelsie June 2021w

Construction

Chelsie Young

Construction Services Administrator - Terre Haute

Forker Kyle June 2021w

Residential

Kyle Forker

Development Associate - Watermark Residential

Promotions

De Angelo

Residential

DeAngelo Middleton

Community Manager - Spring, Grand Parkway

Departures

Rodney Younger

Preconstruction Estimator - Direct all questions to Nate Williams

Melanie Allen

Assistant Property Manager - Direct all questions to Leslie Alley

Tyler Collins

Project Engineer - Direct all questions to Steve Schwan

Training & Development

Leadership Training

Futures Managers Participate in Delegation Training

Last week, a group of Future Managers had the opportunity to participate in Continuous Improvement training as part of the Thompson Thrift Professional Growth Series. This course was hosted by Carl Briggs, a professor, and lecturer with the Kelley School of Business at Indiana University. Carl spoke on many topics, including the importance of identifying our own OFI’s (Opportunities for Improvement) and ways to ensure that continuous improvement extends past ourselves to our teams and direct reports. Carl also enjoyed reconnecting with some former students while visiting the Indianapolis office! ​​​​​​​

Thanks to all who participated!

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Leadership Training

Future Managers Participate in Professional Growth Series

Last week, a group of Future Managers had the opportunity to participate in Continuous Improvement training as part of the Thompson Thrift Professional Growth Series. This course was hosted by Carl Briggs, a professor, and lecturer with the Kelley School of Business at Indiana University. Carl spoke on many topics, including the importance of identifying our own OFI’s (Opportunities for Improvement) and ways to ensure that continuous improvement extends past ourselves to our teams and direct reports. Carl also enjoyed reconnecting with some former students while visiting the Indianapolis office! ​​​​​​​

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Company Calendar

Find the latest Thompson Thrift holidays, events, and training development dates on our company calendar.

Events
Holidays
Training

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Explore past TT Weekly newsletters.

Glen Hartigan

Senior Development Manager, Florida

Glen Hartigan recently joined Thompson Thrift Retail Group as the Senior Development Manager. He has over 25 years of retail development experience.

Prior to joining TTRG, Glen served as the owner of Hartigan Project Management which provided expertise for all aspects of project management to numerous commercial, retail and industrial developers.

Glen and his wife, Karen, have been married for nine years. He has an adult daughter, Austin, and an adult son, Logan. The couple has a cat named Athena the Goddess. His hobbies include golf, winemaking, guitar and history along with being married to a foodie.

"I am very excited to be on the Thompson Thrift team in your new Florida market," shared Glen.

Chelsie Young

Construction Services Administrator - Terre Haute

Chelsie Young recently joined Thompson Thrift Construction as a Construction Services Administrator in the Terre Haute office.

Prior to joining TTC, Chelsie served as an Office Manager for Neptune Society Cremation Office.

Chelsie and her husband, Matthew, have been married for four years. She has two children, Jack (8) and Lilly (3). She enjoys working crossword puzzles.

Kyle Forker

Development Associate - Watermark Residential

Kyle Forker recently joined Watermark Residential as a Development Associate in the Indianapolis office.

Prior to joining Watermark, Kyle served as a Corporate Development Associate wirh Credent Wealth Management in Auburn, IN, He holds a Bachelor of Science degree in Finance from the University of St. Francis ('21) in Fort Wayne, IN and is an Orr Fellowship member.

Kyle's hobbies include running, podcasts, reading and kayaking.

"I am an avid learner and cannot wait to join the team at Thompson Thrift!" said Kyle.

DeAngelo Middleton

Community Manager - Spring, Grand Parkway

DeAngelo Middleton has been promoted to Community Manager for Spring, Grand Parkway (Magnolia by Watermark) in Texas.

He joined Watermark in April of 2020 as the Assistant Community Manager at Spring, Grand Parkway.

"DeAngelo has proven himself to be an invaluable member of the Watermark family," stated Nicholas Churchill, DeAngelo’s former supervisor at Spring who has transitioned over to Conroe​​​​​​​ (Watermark at Grand Central Park). "A "subject knowledge expert," he is the person other team members and ACM's go to when they have a question. His commitment to excellence, service and leadership is constantly on display. DeAngelo goes out of his way to ensure that new and current residents have the best living experience!"

"He has jumped at the opportunity to support our other Texas communities, helping out when we were down a team member at The Ranch at Sienna in Missouri City and Watermark at Grand Central Park in Conroe," shared Sharon Friedensohn, Regional Property Manager. "DeAngelo takes pride in doing things the right way and has an incredible attention to detail. I’m excited to see what he will accomplish in his new role and the impact he will continue to have on his team members and our community in Spring, TX."

In his new role, DeAngelo will be managing Spring, Grand Parkway. Among his many responsibilities, he will be leading the team effort to lease up this 336 unit luxury community while ensuring it meets and exceeds budget and improves NOI.

Congratulations to DeAngelo on his promotion!