Thompson House Group

What Thompson House Group does

Thompson House Group is a Los Angeles-based real estate development management firm that operates as the General Partner (GP) of the Palisades & Malibu Land Fund 1. The fund acquires fire-affected residential lots in Pacific Palisades and Malibu following the 2025 Palisades Fire, holding them for an intended 5-6 year period for long-term land value appreciation. Each lot acquisition is structured as an independent transaction with its own dedicated limited partner (LP) entity, intended to provide direct deal-level transparency to investors. Lot selection is based on view potential, access, topography, and long-term desirability, and the strategy explicitly avoids vertical development risk by focusing on land-only appreciation.

The firm's business model is that of a GP-led investment platform. Thompson House Group sources, underwrites, and manages all acquisitions in-house, generating revenue primarily through fund management fees on capital deployed by LPs (with potential carried interest at exit, though not disclosed). The primary customer segments are high-net-worth individual accredited investors seeking direct, transparent exposure to premium LA land, and institutional capital looking for professionally managed, non-vertically-integrated land exposure with a defined 5-6 year hold period. Distribution is entirely direct: a corporate website with an investor interest form funnels prospective LPs into the offering, with no intermediary channel.

The company maintains four offices — Los Angeles (headquarters, West Hollywood), New York, Miami, and London — and operates with 11-50 employees. Founding date is inconsistent across sources: firmographics report 2015, aligning with a $2,500,000 funding round closed on 2015-11-01, while company-history material cites 2003 as the founding year and the firm claims 'over 20 years of real estate strategy experience' as a differentiator. Robert Herrick is identified as CEO and founder. The firm is privately held with no disclosed parent company, subsidiaries, or institutional investors, and no AI/ML capabilities are evidenced in the product, platform, or team composition.

Name

Thompson House Group

Legal name

Thompson House Group

Website

https://thompsonhousegroup.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Thompson House Group is a Los Angeles-based real estate development management firm acting as General Partner of the Palisades & Malibu Land Fund 1, acquiring fire-affected residential lots for long-term appreciation on behalf of high-net-worth and institutional investors via a lot-by-lot LP structure.

Ownership category

akta.pro rank

Product category

Real Estate Fund Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Real estate development
• Land fund management
• Property acquisitions
• Real estate investment
• Lot development

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management Fees (GP Oversight): Thompson House Group acts as General Partner for Land Fund 1, sourcing, underwriting, and managing all land acquisitions. The firm earns management fees for overseeing the fund operations, investor relations, and deal-level transparency for each independently structured LP lot acquisition.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Thompson House Group operates as a real estate development management firm and serves as the General Partner for the Palisades & Malibu Land Fund 1. The firm sources, acquires, and manages fire-affected residential lots in Pacific Palisades and Malibu on behalf of limited partner (LP) investors. Its core activity is structuring and overseeing a specialized land fund that targets post-disaster residential parcels for redevelopment over a multi-year hold period.

Product overview

Thompson House Group is a development management firm operating as a single-product company offering the Palisades & Malibu Land Fund 1. This fund focuses on acquiring fire-affected residential lots in Pacific Palisades and Malibu using a design-led investment strategy, with no vertical development risk. The company acts as General Partner, sourcing, underwriting, and managing all acquisitions in-house with over 20 years of real estate strategy experience.

Differentiator

Problem solved

Functional benefit

Brands

• Palisades & Malibu Land Fund 1: A land fund focused on acquiring fire-affected residential lots in Pacific Palisades and Malibu, targeting long-term land value appreciation with a 5-6 year hold period.

Products and services

• Palisades & Malibu Land Fund 1 A private real estate land fund managed by Thompson House Group as General Partner, targeting the acquisition of fire-affected residential lots in Pacific Palisades and Malibu. The fund is offered to high-net-worth and institutional LP investors with a multi-year hold strategy for redevelopment and exit.

Quantifiable outcome

• Targeting premium locations in Pacific Palisades and Malibu poised for recovery following 2025 Palisades Fire
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• PCCP: Mid-to-large real estate investment manager running multiple funds with institutional LPs. Comparable in the GP/institutional capital relationship model, though with broader strategy mandates than a single land fund.
• Clarion Partners: Large real estate investment manager with diversified fund products serving institutional investors. Comparable in the institutional GP model, though with a more diversified portfolio approach than a single land fund.
• Hines (Real Estate): Global, vertically integrated real estate investment, development, and management firm with multiple fund vehicles. Comparable in the institutional real estate GP model, though at much greater scale and geographic breadth.
• Stockbridge Capital Group: Institutional real estate investment manager running commingled funds and separate accounts across multiple sectors. Comparable as a real estate GP serving institutional capital, though with broader mandates and significantly more AUM.
• Ares Real Estate (ARA): Large institutional real estate investment platform with multiple funds across debt and equity. Comparable as a fund manager serving institutional capital, though vastly larger and more diversified than Thompson House Group.
• Crow Holdings Capital: Large, established real estate investment manager running diversified funds across multiple strategies and geographies. Comparable as a multi-strategy GP operating in real estate, though far larger and more diversified than Thompson House Group.

Direct peers

• Passco Companies: Real estate investment firm operating multiple funds for HNW and institutional investors with a focus on targeted real estate strategies. Comparable in operating a fund-based model serving HNW and institutional LPs with a defined strategy.
• The Hoffman Company: Southern California-based real estate investment and development management firm focused on land, mixed-use, and infill opportunities in LA submarkets. Comparable as a regional GP sourcing and managing institutional and HNW capital in California.
• Westcore Properties: West Coast-focused real estate investment and operating firm managing institutional capital. Comparable in targeting U.S. West Coast real estate through a fund-based GP model with institutional LPs.

Regional players

• Mesa West Capital: Real estate capital provider focused on U.S. commercial real estate debt and equity for institutional and HNW clients. Comparable in running real estate funds for institutional/wealthy investors, with a U.S. geographic focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/thompsonhousegroup
• LinkedInlinkedin.com/company/thompson-house-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thompson House Group