Company expands presence in rapidly growing Boise area shortly after completing its first Idaho multifamily community

Thompson Thrift, a full-service nationally recognized real estate company, announced today the development of The Highline, a 300-unit luxury multifamily community in Nampa. The community is expected to welcome its first residents in early 2028.

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“The Highline reflects our continued commitment to thoughtful growth in markets with strong long-term fundamentals,” said Josh Purvis, managing partner of Thompson Thrift Residential. “As we expand our presence in the Boise area, we remain focused on creating high-quality communities that serve residents and positively impact the surrounding neighborhood.”

The Highline will be located within East Ranch, a master-planned mixed-use community that will feature a blend of high-value single-family homes and flex industrial space with integrated retail, creating a walkable and amenity-rich environment for future residents. Positioned less than one mile from I-84, The Highline also offers direct access to the Treasure Valley’s primary east-west thoroughfare and convenient connectivity throughout the Boise MSA, one of the fastest-growing regions in the Pacific Northwest.

“Nampa continues to distinguish itself as one of the most compelling markets in the Boise metro, supported by sustained population growth, expanding employment opportunities and strong regional connectivity,” said Bo Chapman, senior vice president of development for Thompson Thrift Residential. “The Highline’s location within East Ranch positions the community to benefit from these strong fundamentals and meet the continued demand we’re seeing across the Treasure Valley.”

The community will offer a mix of one-, two- and three-bedroom apartment homes with private entrances averaging 1,100 square feet. Residences will feature quartz countertops, stainless-steel appliances, designer fixtures and finishes, hardwood-style flooring, full-size washers and dryers, walk-in closets and smart-home technology. Detached garages and patio, balcony, and private yard options will also be available.

The Highline’s resort-style amenity package will include a 24-hour fitness center, heated swimming pool and lap pool, thoughtfully designed courtyards, fire pits and grilling areas, outdoor games and a pickleball court. Residents will also have access to a 24-hour social hub with billiards and shuffleboard, focus rooms, conference space, bike storage, two dog parks and a pet spa.

The community’s location provides convenient access to several of the region’s major employers, including J.R. Simplot, St. Luke’s Nampa & Saltzer, Plexus, St. Alphonsus and the College of Western Idaho. The broader Boise metropolitan area is anchored by major employers including HP, Boise State University, Albertsons and Micron, whose $50 billion expansion is expected to add approximately 2,000 direct jobs and 15,000 indirect jobs in Boise.

The Highline name is inspired by elevated rail lines and Idaho’s expansive horizon, evoking connection and perspective while complementing the community’s distinctive gabled rooflines and strong architectural profile.

The Highline represents Thompson Thrift’s second multifamily development in Nampa and builds on the company’s growing presence in Idaho. Earlier this year, the company completed construction of The Logan, a 264-unit Class A multifamily community and Thompson Thrift’s first development in the state. Located approximately one mile from The Highline, The Logan welcomed its first residents in November 2025 and completed construction in June 2026.

The Highline will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development, LP.

Since its founding, Thompson Thrift has invested more than $7.3 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing and management of high-quality real estate projects nationwide.

About Thompson Thrift Real Estate Company

Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2026 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com.

Securities Offered Through North Capital Private Securities, Member FINRA/SIPC

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“The Highline reflects our continued commitment to thoughtful growth in markets with strong long-term fundamentals,” said Josh Purvis, managing partner of Thompson Thrift Residential.