Thrive Expands to Federal Way with the Addition of Waterbury Park

Thrive welcomed our first Federal Way community this past week! A sprawling, landscaped property close to Celebration Park and the Federal Way Commons, Waterbury adds 236 units to the Thrive portfolio with indoor/outdoor pools, a hot tub, fitness center, basketball court, pet park and more. Exciting renovation projects are planned both for unit interiors and amenity spaces, with even more value to be added when a new Light Rail station arrives in 2024.

Thanks to all who helped with the transition, especially to Lia and McKenna, our established Thrivers who are now running the leasing show! 🙌🥂🌱

Thrive Enters Kent, WA Market with Management and Renovation of 345-Home Community

We are excited to welcome Waterford at the Lakes to the Thrive family! A recent RISE acquisition, the community is situated on 16.85 acres and includes over 30 individual buildings. Waterford’s renovation will begin almost immediately with improvements being made throughout the property that will positively impact residents from day one.

Our transition team ensured that the change in management, even occurring on the final day of the month (May 31), was seamless for residents and team members alike with a new website launched and online pay/resident portal live before midday. You can view the new website at waterfordatthelakes.com.

The RISE purchase was also covered in the city’s local newspaper, the Kent Reporter, on the day of the transition.

Waterford is the first of three properties in Kent to transition to Thrive before mid-June this year, as we continue to grow our presence south of Seattle.