Thompson Michie Associates

Name

Thompson Michie Associates

Legal name

Thompson Michie Associates, LLC

Website

https://thompsonmichie.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Thompson Michie Associates is a privately held Salt Lake City-based multi-family property management firm founded in 1973 that operates 16 apartment communities comprising 5,000+ apartment homes across Utah, Arizona, Colorado, Nevada, New Mexico, and Idaho, serving institutional property owners and residents in the intermountain West.

Ownership category

akta.pro rank

Product category

Multi-Family Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate (6500), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

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

Keywords

• Multi-family property management
• Apartment management services
• Residential property leasing
• Institutional real estate management
• Apartment community operations

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Multi-family property management fees: Recurring managed-services revenue from operating 16 institutional-grade apartment communities of 100+ units across 6 states, covering leasing, maintenance, accounting, marketing and resident services for property owners and lenders.
2. Acquisition due diligence and 1031 exchange advisory: Consulting engagements for property owners pursuing acquisitions, 1031 exchanges, refinancing and related real-estate advisory work.
3. Court-appointed receivership and consulting services: Specialized engagements acting as court-appointed receivers and providing consulting services for distressed or transitioning assets.
4. New-construction lease-up services: Project-based leasing and marketing services for new-construction multi-family communities, including systematic value-add enhancement of existing assets.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

Thompson Michie Associates, LLC is a property management company that operates a portfolio of 16 institutional-grade multi-family apartment communities comprising over 5,000 apartment homes across six U.S. states (Utah, Arizona, Colorado, Idaho, New Mexico and Nevada). The firm provides full-service multi-family property management for property owners and investors, including leasing, maintenance, accounting, marketing, resident services and value-add property enhancement, alongside complementary services such as new-construction lease-up, acquisition due diligence, 1031 exchange advisory, refinancing, court-appointed receivership and consulting for office, light industrial and warehouse assets.

Product overview

Thompson Michie Associates, LLC (TMA) is a property management company operating a portfolio rather than a single software product. The core offering is professional multi-family apartment management services, branded under the umbrella "Thompson Michie Communities," serving institutional-grade communities with 100+ units across the intermountain West. Founded in 1973 by Jim Michie and Roger Thompson, the company has grown to manage over 5,000 apartment homes across 16 named communities in 6 US states (Utah, Arizona, Colorado, Idaho, New Mexico, Nevada). The portfolio is organized as a brand-umbrella-plus-individual-communities architecture: the "Thompson Michie Communities" brand wraps a unified service standard (including One Day Service, 24 Hour Emergency Service, 30 Day Satisfaction Guarantee, Transferability across communities, and Five-Day Deposit Refund), while each individual community — Aria on Cave Creek, Sonoma Ridge, Vivace at Gateway Place, Andante at Nine Mile Station, Stone Canyon, Castile, Crescent Ridge, La Vie, Las Mananitas, Adagio at Corner Canyon, Allegro at Corner Canyon, Arcadia Green, Lost Creek, Sterling Village, The Aviary, and Via — operates as a separately branded sub-asset with its own property website.

Differentiator

Problem solved

Functional benefit

Brands

• Thompson Michie Communities: Brand umbrella under which TMA-branded and operated apartment communities are marketed to residents, lenders, vendors, and property owners.

Products and services

• Thompson Michie Communities (Managed Portfolio Service) Branded multi-family property management offering under which TMA operates 16 institutional-grade apartment communities with 5,000+ apartment homes across 6 U.S. states. Provides resident-facing service guarantees (One Day Service, 24 Hour Emergency Service, 30 Day Satisfaction Guarantee, Transferability, Five-Day Deposit Refund) and is targeted at property owners/investors seeking a long-tenured third-party operator for 100+ unit assets in the intermountain West.
• Aria on Cave Creek Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 20050 N Cave Creek Rd, Phoenix, AZ 85024; leasing and resident services delivered through community website and dedicated phone line.
• Sonoma Ridge Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 8201 W Beardsley Rd, Peoria, AZ 85382; leasing and resident services delivered through community website.
• Vivace at Gateway Place Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 4500 E Ray Rd, Gilbert, AZ 85296; leasing and resident services delivered through community website.
• Andante at Nine Mile Station Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 3310 S Kenton St, Denver, CO 80014; leasing and resident services delivered through community website.
• Stone Canyon Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 19255 Cottonwood Dr, Parker, CO 80138; leasing and resident services delivered through community website.
• Castile Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 1545 Wigwam Pkwy, Henderson, NV 89074; leasing and resident services delivered through community website.
• Crescent Ridge Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 375 Conestoga Way, Henderson, NV 89002; leasing and resident services delivered through community website.
• La Vie Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 930 Carnegie St, Henderson, NV 89052; leasing and resident services delivered through community website.
• Las Mananitas Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 6200 Montano Plaza Dr NW, Albuquerque, NM 87120; leasing and resident services delivered through community website.
• Adagio at Corner Canyon Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 13343 Minuteman Dr, Draper, UT 84020; leasing and resident services delivered through community website.
• Allegro at Corner Canyon Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 292 W Galena Park Cir, Draper, UT 84020; leasing and resident services delivered through community website.
• Arcadia Green Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 4545 Arcadia Green Way, Millcreek, UT 84107.
• Lost Creek Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 4950 State St, Murray, UT 84107; leasing and resident services delivered through community website.
• Sterling Village Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 11065 Sterling View Dr, South Jordan, UT 84095; leasing and resident services delivered through community website.
• The Aviary Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 1070 Wellness Pl, Henderson, NV 89011; leasing and resident services delivered through community website.
• Via Apartments Multi-family apartment community managed by Thompson Michie Associates, located at 405 Knudsen Rd, Chubbuck, ID 83202; TMA's Idaho presence, with leasing and resident services delivered through community website.
• Acquisition Due Diligence and 1031 Exchange Advisory Consulting engagements for property owners pursuing acquisitions, 1031 exchanges, refinancing and related real-estate advisory work; targeted at institutional multi-family owners and investors.
• Court-Appointed Receivership and Consulting Specialized engagements acting as court-appointed receivers and providing consulting services for distressed or transitioning assets, including office, light industrial and warehouse management. Targeted at lenders, courts and asset owners requiring trusted operators for transitioning properties.
• New-Construction Lease-Up Services Project-based leasing and marketing services for new-construction multi-family communities, including systematic value-add enhancement of existing assets. Targeted at developers and owners of new multi-family properties in the intermountain West.

Quantifiable outcome

• 5,000+ apartment homes managed across 16 communities in 6 US states
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lincoln Property Company: National multifamily management and development firm with deep institutional owner relationships across the Sun Belt and West. Targets the same 100+ unit institutional mandates as TMA, but with broader geographic coverage and a larger corporate infrastructure.
• Asset Living: One of the largest US third-party multifamily property managers, operating institutional-grade portfolios nationally. Directly competes with TMA for 100+ unit management mandates and offers broader geographic reach and a more developed technology platform.
• Greystar Real Estate Partners: Largest US multifamily operator and investment manager with hundreds of thousands of units under management. Competes with TMA in the institutional 100+ unit management segment with substantially greater scale, capital and proprietary technology.

Direct peers

• Apartment Management Consultants (AMC): Third-party multifamily property management firm serving institutional and private owners. Directly competes with TMA for institutional-grade management contracts with a similar mid-market, relationship-driven operating model.
• Hawthorne Residential Partners: Multifamily property management firm managing institutional portfolios across the Sun Belt. Closely matches TMA's focus on institutional 100+ unit mandates and resident-service orientation, though with greater geographic reach.
• Avenue5 Residential: National third-party multifamily property manager focused on institutional owners. Closely comparable to TMA in target customer (institutional owners of 100+ unit assets) and core service offering, though at meaningfully larger scale.
• Pedcor Management Corporation: Privately held multifamily property manager and developer. Similar in size and operating model to TMA, with comparable institutional owner focus and multi-state footprint.
• WinnResidential (WinnCompanies): Multifamily and military housing property manager serving institutional and government clients. Comparable to TMA in third-party management focus and owner-mandate orientation, with broader geographic and asset-type reach.

Regional players

• RangeWater Real Estate: Multifamily owner, developer and operator concentrated in the Sun Belt. Comparable to TMA as a regional multifamily operator, but with an emphasis on ownership and development rather than pure third-party management.
• Beztak Properties: Privately held multifamily owner, developer and manager with a regional footprint. Comparable to TMA in business mix (own + third-party manage) and mid-market institutional orientation, though geographically more concentrated in the Midwest and Southeast.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

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 Michie Associates