Thomas C. MannschreckPresident, CEO and Co-Owner of Thomas Development Co. and Affiliated Entities

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

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

Synergistically interacting with a small but experienced development team, Tom is responsible for setting policy, 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.

An active member of his community, Tom has served as a Vice President of the Greater Boise Chamber of Commerce, President of Leadership Boise, member of the Capital City Development Special Task Force on Affordable Work Force Housing in Downtown Boise and has been President of the Board of Directors for the Bogus Basin Ski Education Foundation. He is also deeply involved with numerous activities at his church.

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.

Barbara MannschreckChief Administrative Officer and Co-Owner

Barbara Mannschreck
Chief Administrative Officer and Co-Owner

Barbara has served the Company since inception in 1990. Her responsibilities include oversight of all personnel and establishing and maintaining office procedures.

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.

Angie S. FerguisonDirector of Operations

Angie S. Ferguison
Director of Operations

Angie first became affiliated with Thomas Development Co. through TDC’s property management company, Summit Real Estate Services, where she served in a variety of roles including a supervisory role of the day-to-day operations of several multi-family tax credit properties. Angie rejoined the Thomas Development Co. team in early 2013, as the Director of Operations.

Angie oversees all Asset Management responsibilities for Thomas Development’s residential and commercial portfolio, and works closely with the residential property management companies to ensure compliance and performance of the properties. Additionally, Angie is directly responsible for the property management of Thomas Development Co.’s commercial portfolio.

Angie also manages the Thomas Development Co.’s office personnel and procedures.

Prior to Thomas Development Co. and Summit Real Estate Services, Angie worked as a Project Accountant for a commercial real estate property management company and has several years’ experience as a legal secretary in Boise, Idaho.

Angie has extensive Fair Housing and Tax Credit training and has achieved several designations including the Housing Credit Certified Professional (HCCP) and Certified Occupancy Specialist (COS).

Andrew M SchankDevelopment Coordinator

Andrew M Schank
Development Coordinator

Andrew rejoined Thomas Development Co. in May 2016. As Development Coordinator, his primary focus is on tax credit housing developments, where he assists with the completion of all financing applications, feasibility analyses, and the due diligence process. Andrew also provides support in gathering the documentation needed to secure U.S. Green Building Council LEED for Homes sustainable building certifications for the company's developments.

Andrew first became affiliated with Thomas Development Co. through TDC’s property management company, Summit Real Estate Services in 2003, where he started on site as the Manager of a 56 unit LIHTC apartment community and quickly moved into the role of Summit’s LIHTC/HOME Compliance Auditor.

Prior to re-joining Thomas Development Co., Andrew worked at Idaho Housing & Finance Association as a State LIHTC/HOME auditor where he was key in creating State protocol and regulation. In 2013 Andrew moved from IHFA to a prominent property management company where he was the Manager of Compliance.

Andrew has a deep knowledge of numerous affordable housing programs and holds certifications in Fair Housing, LIHTC, HOME, Section 8, Rural Development, and UPCS. Designations include, COS, C3P, HUD HOME Specialist, and SCHM.

Andrew is a graduate of Western Washington University with a B.A. degree in Sociology and is currently obtaining a B.S degree in Business Management at Boise State University.