Multifamily · Mixed-use · Industrial

425 units. Four states.
One operating standard.

Thrive AssetMx holds interests in multifamily, mixed-use, and industrial assets totaling approximately $100 million in assets under management and 425 units across four states. Our direct holdings are concentrated in Milwaukee, Wisconsin, where we self-manage. Elsewhere we act as co-general partner and operating partner alongside sponsors.

By the numbers

$100M
Assets under management
425
Units
4
States
278
Units in our largest asset

Direct holdings — Milwaukee, Wisconsin

Owned and self-managed by Thrive, with Thrive Property MX handling leasing and maintenance and our own crews handling renovations.

The Alden Apartments

The Alden Apartments at Washington Park

39 units · 4315 West Lisbon Avenue, Milwaukee, WI

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.

TEUTONIA APARTMENTS

Teutonia Apartments

18 units · Milwaukee, WI

Modern amenities, spacious layouts, and a location in the heart of Milwaukee. Acquired January 2025.

Owned and self-managed by Thrive.

Thrive on 35th

Thrive on 35th

10 units, mixed-use · Milwaukee, WI

Residential apartments over ground-floor commercial space. Acquired August 2025.

Owned and self-managed by Thrive.

West Center Apartments

West Center Apartments

7 units, mixed-use · Milwaukee, WI

Multifamily with ground-floor commercial, acquired January 2025. Also home to the Thrive Property MX office at 5718 West Center Street.

Home of the Thrive Property MX office.

Thrive on 25th

Milwaukee, WI

Residential, managed by Thrive Property MX.

Owned and self-managed by Thrive.

Partnership and co-general partner assets

Assets where Thrive serves as co-general partner, management partner, or operating partner.

Stoney Creek Apartments

278 units · Rapid City, SD

Our largest asset by unit count. Thrive serves as management partner. Entered September 2023.

Management partner since September 2023.

Eleanor Rigby Apartments

43 units · Salt Lake City, UT

Thrive serves as management partner and co-general partner. Entered October 2023.

Co-general partner since October 2023.

Looking for a home,
not an investment?

Availability, floor plans, and applications for all Milwaukee residential and commercial space are handled by Thrive Property MX.

Frequently asked questions

Thrive AssetMx holds interests in 425 units across four states, 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.

Bring us the
next one.

We buy value-add multifamily across the Midwest and Ohio Valley. Address, unit count, asking price — that is enough to start.

deals@thriveassetmx.com
951-234-7015