President, CEO, and Owner of Thomas Development Co. and Affiliated Entities

Tom is responsible for overall corporate vision, strategy and guidance of operations of Thomas Development Co., a Boise, Idaho based real estate development company and Thomas Investments Limited Partnership, a family-held real estate investment entity.

Synergistically interacting with a small but experienced development team, Tom is primarily responsible for setting policy at Thomas Development Co., making major investment and business strategy decisions and providing general oversight throughout the development process.

Prior to founding Thomas Development Co. in 1990, Tom was a partner, member of the Board of Directors and Chairman of the Business Practice Group of a large Boise, Idaho law firm. His practice focused on business transactions, financial institution representation and real estate transactions.

Tom is a graduate of the University of Idaho summa cum laude in Business and Economics and the University of Santa Clara School of Law.

 

Chief Administrative Officer

Barbara has served as Chief Administrative Officer for Thomas Development Co. since its inception in 1990. Her current responsibilities include oversight of all personnel and establishing and maintaining office procedures.Barbara also is the Asset Manager for Thomas Development’s portfolio, working closely with the property management companies to ensure compliance and performance of the properties.

Throughout the course of Thomas Development Co.’s growth, Barbara has handled a variety of responsibilities, including key liaison between a property management company acquired by Thomas Development Co., preparation of tax credit and financing applications, coordination of closings with lenders, syndicators, accountants and attorneys on partnership and loan transactions, construction billing, and loan administration.

Prior to Thomas Development Co., Barbara worked as a Legal Secretary at a large Boise, Idaho law firm.

Barbara has achieved the Institute of Real Estate Management ARM designation and Certified Credit Compliance Professional (C3P) and obtained a certification from the Palo Alto Legal Secretary Course.

 

Director of Development

Over the course of her ten years at Thomas Development Co., Claire has filled a variety of administrative, technical, and leadership roles. First joining the team as Development Administrator in 1999, Claire now serves as Director of Development for Thomas Development Co.

Her current responsibilities include overseeing the preparation and successful submittal of tax-credit applications and debt-equity financing proposals for the construction of multifamily housing in the Northwest. She also collaborates with tax credit syndicators, lenders, state housing agencies and HUD to complete partnership and loan transactions and is a liaison between all development stakeholders, including architects, general contractors, and property managers. Claire also oversees the research and implementation of sustainable building practices for developments which target LEED for Homes and Energy Star certifications.

Prior to her tenure at Thomas, Claire served in administrative positions for a major agribusiness company and a Boise, Idaho real estate law firm.

She graduated summa cum laude from Montana State University with degrees in Political Science and English.

 

Development Assistant and Bookkeeper

Lisa provides administrative support for Thomas Development Co. throughout the development process. She works closely with other members of the development team, state housing agencies, lenders, and tax credit equity partners, providing due diligence and assisting in the timely completion of successful tax credit applications and loan and partnership closings. Lisa is strongly involved in the research and implementation of sustainable building practices at the company’s developments targeting LEED for Homes and Energy Star certifications. In addition, she serves as a Bookkeeper for Thomas Development Co. and affiliated entities.

Prior to joining Thomas Development Co. in 2006, Lisa worked for a property management company in Boise, Idaho, where she was responsible for overseeing filing and providing support for the Section 42 compliance department.

Lisa graduated summa cum laude from Boise State University in 2007 with a degree in Psychology. She was selected as one of the Top Ten Scholars from her graduating class.