Thrive Living

About Thrive Living

Thrive Living is a privately-owned, U.S. company positioned to invest more than $1 billion in workforce housing nationwide. We acquire strategically located properties in urban markets that are experiencing significant housing affordability gaps. We are a national brand, currently pursuing our mission in Los Angeles - a city and region experiencing a severe housing affordability crisis where rents are rising faster than incomes. Thrive communities are privately financed without the use of public subsidies. Thrive is an affiliate of Magnum Real Estate Group, a vertically integrated real estate company which has developed $5.5 billion of real estate, including a wide range of ground-up residential rental and for-sale apartments, adaptive re-use and historic conversions, student housing, community facility development, retail, and light office.