Next Generation LivingDesigning, Building and Fostering Possibilities

Time Tested, Community Affirmed

Our strong focus on placemaking and our attention to the outcomes for residents, team and investors alike make for a unique family of communities and a company that lives beyond the sum of its parts.

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SINCE

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Billion

ASSETS MANAGED/DEVELOPED

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COMMUNITIES

our story

Creating Senior Living Environments Attractive to All Ages

Georgian

After first walking in the doors of a senior living facility more than 15 years ago, we quickly knew we would not want to visit most of these places, let alone live there; so, we created communities where older adults would not only love to live, but Thrive.
In fact, we aim to create communities that younger generations are jealous of.

Thrive is more than a company that builds facilities. In fact, around here, we refer to facilities as ‘the F Word’. We build communities where older adults come to live their best life. At Thrive, we’ve dedicated our lives to ensure there is purpose in every breath of each resident we’re honored to serve. We understand that older adults and their loved ones depend on us not only to live, but to live well. It’s a challenge we welcome – every day.

Investment Ethos

Thrive’s leadership believes that quality of life for seniors can be improved by seamlessly integrating the ‘built environment’ with world class operations management. We also believe our differentiated strategy is positioned for significant growth as 78 million baby boomers reach retirement age over the next 20 years.

It’s rare to find investment opportunities where you can ‘do well by doing good’. While generating attractive returns, our partners also help create environments where older adults can, in a word – Thrive.

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Thrive Leadership

Leadership Team

Thrive Montvale
Sebby Kannukkaden, President & Chief Financial Officer

Sebby Kannukkaden

President · Chief Financial Officer

Sebby leads property operations, asset management, and financial oversight and strategy. Before joining in 2017, he served in various roles in the acquisition and turnaround of Enlivant, a portfolio company of TPG and one of the nation’s largest senior living owners and operators. Previously, Sebby was an investor at Arcapita, an international private equity firm, and a management consultant at Kearney. He began his career at UBS trading equities on one of the largest trading floors in the world at the time. Sebby holds a BBA from the University of Michigan and an MBA and MEM from Northwestern University. He is an active leader in the community and has served on the boards of Zoo Atlanta, Sinai Health System, and IHM Atlanta Church and School. Sebby lives in Atlanta with his wife, Daisy, their two daughters and a son.

Thrive Beachwalk
Jeramy Ragsdale, Founder and CEO

Jeramy Ragsdale

Founder · CEO

Jeremy is on a mission to nurture a business with people right at the heart. He founded Thrive and is responsible for business development, strategic management and supporting the company’s leadership team. He’s a frequent speaker and panelist at industry conferences and events across the U.S., Asia and Europe. Prior to founding Thrive in 2007, Jeremy worked in homebuilding, creating infill developments throughout metro Atlanta. Jeramy has a BS in Business Administration from Samford University and is a member of and active participant in leading industry organizations such as ASHA, Argentum and NIC. An Atlanta native, he is a father of four daughters, a private pilot and a marathon man.

Alan Moise, Chief Investment Officer

Alan Moise

Chief Investment Officer

Alan leads all aspects of growth for Thrive. Prior to joining Thrive in 2011, he held positions in institutional real estate firms, including JP Morgan and TriMont Real Estate Advisors, where he facilitated the asset management of over $2.3 billion in performing and non-performing CRE positions for clients such as Lehman Brothers and PGIM during the Great Recession. Additionally, Alan enjoys participating as an investor, advisor, and board member to early and growth-stage businesses and not-for-profits. A native Houstonian, Alan attended Auburn University and now lives in Atlanta, GA with his wife and two girls.

Jeramy Ragsdale, Founder and CEO

Jeramy Ragsdale

Founder · CEO

Jeremy is on a mission to nurture a business with people right at the heart. He founded Thrive and is responsible for business development, strategic management and supporting the company’s leadership team. He’s a frequent speaker and panelist at industry conferences and events across the U.S., Asia and Europe. Prior to founding Thrive in 2007, Jeremy worked in homebuilding, creating infill developments throughout metro Atlanta. Jeramy has a BS in Business Administration from Samford University and is a member of and active participant in leading industry organizations such as ASHA, Argentum and NIC. An Atlanta native, he is a father of four daughters, a private pilot and a marathon man.

Sebby Kannukkaden, President & Chief Financial Officer

Sebby Kannukkaden

President · Chief Financial Officer

Sebby leads property operations, asset management, and financial oversight and strategy. Before joining in 2017, he served in various roles in the acquisition and turnaround of Enlivant, a portfolio company of TPG and one of the nation’s largest senior living owners and operators. Previously, Sebby was an investor at Arcapita, an international private equity firm, and a management consultant at Kearney. He began his career at UBS trading equities on one of the largest trading floors in the world at the time. Sebby holds a BBA from the University of Michigan and an MBA and MEM from Northwestern University. He is an active leader in the community and has served on the boards of Zoo Atlanta, Sinai Health System, and IHM Atlanta Church and School. Sebby lives in Atlanta with his wife, Daisy, their two daughters and a son.

Alan Moise, Chief Investment Officer

Alan Moise

Chief Investment Officer

Alan leads all aspects of growth for Thrive. Prior to joining Thrive in 2011, he held positions in institutional real estate firms, including JP Morgan and TriMont Real Estate Advisors, where he facilitated the asset management of over $2.3 billion in performing and non-performing CRE positions for clients such as Lehman Brothers and PGIM during the Great Recession. Additionally, Alan enjoys participating as an investor, advisor, and board member to early and growth-stage businesses and not-for-profits. A native Houstonian, Alan attended Auburn University and now lives in Atlanta, GA with his wife and two girls.

Portfolio

Featured Community

Thrive at Montvale

New York City, NY
St. Simons Island, GA
Savannah, GA
Washington, DC
Washington, DC
Atlanta, GA
Columbus, GA
Chattanooga, TN
Augusta, GA
Washington, DC
Huntsville, AL
Ft. Meyers, FL
Washington, DC
Austin, TX
Atlanta, GA
Greenville, SC
Athens, GA

Global

The desires of older adults worldwide are nuanced, but the core needs for engagement, respect, and purpose are universal. Thrive has expanded its influence through a joint venture in the United Kingdom that owns and operates twelve communities and is quickly growing. Additionally, Thrive (Through its subsidiary Thrive SL PTE Ltd in Singapore) is growing its footprint throughout Asia, including consulting engagements in Southeast Asia, and a new joint-venture management platform in Seoul, Korea. These regions, alongside others, present an opportunity for tremendous growth as populations age and traditions evolve.