Paul Thrift


Paul oversees the development of the company’s asset portfolio and new market opportunities. He founded Thompson Thrift with partner John Thompson in 1986. Under their leadership, the company has grown into the nationally recognized full-service real estate development and construction company it is today.

During his tenure as its president, Paul has successfully guided Thompson thrift Development through the competitive real estate marketplace while expanding the company’s portfolio to include multifamily, institutional, industrial and commercial developments across the United States. His innovation and drive have fueled the company’s emergence as one of the country’s top privately-owned real estate companies, as recognized by Inc. magazine.

In 2008, he cofounded Watermark Residential, a full-service upscale multifamily housing developer. Since then, Watermark Residential has developed a regional and national profile. The company continues to grow and is actively working projects in 12 states.

Paul is involved in his community and serves on the Indiana State Chamber of Commerce Board’s Executive Committee, the Terre Haute Chamber of Commers Board, the Indiana State University Scott College of Business Dean’s Executive Committee and is currently a member of the Terre Haute Tomorrow Steering Committee. He is past chair of the Terre Haute Economic Development Corporation, the Terre Haute Chamber of Commerce Board and the Wabash Valley Red Cross. He holds a Bachelor of Science in Political Science from Indiana State University.

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