Thrive AssetMx holds interests in multifamily, mixed-use, and industrial assets totaling approximately $100 million in assets under management and 425 units, 104 of which we own and operate directly. Our direct holdings are concentrated in Milwaukee, Wisconsin, where we self-manage. Elsewhere we act as co-general partner and operating partner alongside sponsors.
Owned and self-managed by Thrive, with Thrive Property Mx handling leasing and maintenance and our own crews handling renovations.
39 units · 4315 W Lisbon Ave, Milwaukee, WI 53208
A historic Milwaukee landmark sitting directly across from Washington Park, the expansive 135-acre park modeled after Central Park in New York City. The Alden is our flagship repositioning: a building with real architectural character in a neighborhood anchored by one of Milwaukee’s oldest parks.
Owned and self-managed by Thrive.
18 units · 4252 N Teutonia Ave, Milwaukee, WI 53209
A renovated 1- and 2-bedroom building on the Teutonia Ave corridor in Milwaukee’s Rufus King neighborhood. Every lease includes heat, water, sewer, and trash. MCTS Route 12 runs right out front, and the highway is close by. Acquired January 2025.
Owned and self-managed by Thrive.
10 units, mixed-use · 5237 N 35th St, Milwaukee, WI 53209
Eight one-bedroom apartments over street-level commercial space, a few blocks south of the Villard Avenue business district on Milwaukee’s north side. A small building means fewer neighbors, less turnover, and a maintenance team that can reach every home the same week. Acquired August 2025.
Owned and self-managed by Thrive.
7 units, mixed-use · 5718 W Center St, Milwaukee, WI 53210
Seven one-bedroom apartments over ground-floor commercial space on Center Street in Milwaukee’s Sherman Park neighborhood, a short walk from Washington Park. MCTS buses run on Center Street. Acquired January 2025. Also home to the Thrive Property Mx office at 5720 West Center Street.
Home of the Thrive Property Mx office.
30 units · 936–944 N 25th St, Milwaukee, WI 53233
Thirty two-bedroom apartments on Milwaukee’s Near West Side, a few blocks from Marquette University and a short drive from downtown and I-94. Every unit has the same layout: two bedrooms, one full bath. Acquired December 2025. Managed by Thrive Property Mx.
Owned and self-managed by Thrive.
Assets where Thrive serves as co-general partner, management partner, or operating partner.
278 units · Rapid City, SD
Our largest asset by unit count. Thrive serves as management partner. Entered September 2023.
Management partner since September 2023.
43 units · Salt Lake City, UT
Thrive serves as management partner and co-general partner. Entered October 2023.
Co-general partner since October 2023.
Availability, floor plans, and applications for all Milwaukee residential and commercial space are handled by Thrive Property Mx.
Thrive AssetMx holds interests in 425 units, 104 of which we own and operate directly, representing approximately $100 million in assets under management.
Stoney Creek Apartments, a 278-unit multifamily community in Rapid City, South Dakota.
Yes. Direct holdings are concentrated in Milwaukee, Wisconsin, while co-general partner and management-partner positions extend to South Dakota, Utah, and beyond.
We buy value-add multifamily across the Midwest. Address, unit count, asking price — that is enough to start.
deals@thriveassetmx.com
702-997-0091
