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Thrive Communities Inc. Expands Property Management Services into Oregon

Washington-Based Apartment Management Firm Announces Management and Renovation Project in Hillsboro, Oregon

Seattle, WA (January 29, 2019) – Thrive Communities, a Washington-based apartment management firm specializing in value-add repositioning and development services, has announced that they will be expanding into Hillsboro, a neighboring city of Portland, Oregon on January 30, 2019. Thrive will provide property management and renovation services for a longtime valued partner at the Landmark at Tanasbourne Apartments – a 285-unit community.

“We combine peerless customer-service with an owners-mindset at every community we manage to ensure each asset is operating at its full potential,” said Rose O’Dell, president of Thrive Communities. “We are excited to provide our boutique-at-scale property management services to our existing clients along with new ownership groups active in the Portland Metro Area as we continue to expand into Oregon.”

Built on the foundation of beautiful and efficient value-add renovation projects with an exceptional team that manages high quality assets, Thrive has renovated 4,000+ units over the last 5 years, providing clients with an average 24% increase of net operating income. The award winning firm – recognized for nine renovation projects over the past five years including the Delta Associates awards, PACE awards, and the WMFHA Renovation of The Year – will add the Landmark property to their portfolio and expand into a new market on the foundational quality that Thrive Communities is known for.

About Thrive Communities

Thrive Communities is an award-winning property management firm with 10,000 apartments under management. Their in-house renovation platform has improved over 4,000 apartments on both an occupied and vacant turn process. Thrive’s fully-integrated and hands-on, horizontal team approach ensures each asset is operating at its full potential while maximizing value for its clients. For more information, visit www.thrivecommunities.com.