Team

CO FOUNDER

Steve Broadbent is responsible for all Multi-Family and Industrial Development in Thrive’s real estate portfolio.  Steve has worked in the construction and real estate development industry since 1996.  Steve has successfully developed and overseen the management of thousands of multi-family units throughout the Western United States.  He has managed the development of several gym anchored shopping centers in several states.  Steve has also successfully developed assisted living facilities, retail centers, professional and medical office buildings, office warehouse and storage facilities.  Steve holds a Bachelor’s Degree in Finance with a real estate emphasis from the University of Utah.  Steve is a licensed real estate broker in the State of Utah and a member of the International Council of Shopping Centers (ICSC), National Apartment Association (NAA), and International Health, Racquet, & Sportsclub Association (IHRSA). 

CO FOUNDER

Chas Johnson oversees Thrive’s Commercial Development and Asset Management, steering the growth and success of the commercial real estate portfolio. With a career spanning back to 1998, Chas has been an integral part of the construction and real estate development industry. Throughout the majority of Chas’ career, he has focused on medical and professional office development, successfully developing over 1,500,000 square feet of commercial real estate projects. Additionally, he has developed multi-family, senior living, and retail projects across the Western United States. Chas holds a bachelor’s degree in economics from the University of Utah. He is a licensed real estate agent in the State of Utah and is also currently serving as the Chairman of the Board for the non-profit organization, One Heart Bulgaria.

PRESIDENT

Mike Camp is responsible for development, finance, accounting, human resources, and investor relations at Thrive. He brings extensive finance and accounting experience to the role. Prior to joining Thrive, he served as the Chief Audit Executive for USANA Health Sciences Inc., where he was responsible for the company’s global internal audit function and played a key role in the launch of the company’s enterprise risk management program.

Mike worked for the international accounting firm PricewaterhouseCoopers prior to joining USANA Health Sciences Inc. in 2010. He earned a Bachelor of Arts and Master of Accountancy from the University of Utah and is a licensed certified public accountant in the State of Utah.

SVP – RESIDENTIAL DEVELOPMENT

Connor Johnson leads Thrive’s Residential Development, guiding projects from acquisition through delivery. Since joining Thrive in 2017, Connor has entitled more than 2,500 residential units and secured over $200 million in debt and equity. His residential experience spans master-planned communities, townhomes, and multi-family projects across the Mountain West, including both for-sale and for-rent housing. Additionally, he has experience in office and retail development. Connor holds a bachelor’s degree in economics with a minor in business from the University of Utah. He is a licensed real estate agent in the State of Utah.

SVP – COMMERCIAL DEVELOPMENT

Zach Olson is a medical office development specialist.  His expertise and responsibilities for Thrive include, acquisition, entitlement, design, construction management, and leasing of new office developments.  Zach excels at understanding the needs of his partners, clients, and tenants and finding solutions to help everyone involved in his projects succeed.  Zach’s career in real estate development started in 2004.  In addition to his work as a project manager for new commercial developments, Zach has also overseen a land acquisition team and has lead a team in the underwriting and valuation of several multi-million dollar loan portfolios.  Zach holds a Bachelors Degree in Accounting from Utah Valley University. 

CHIEF FINANCIAL OFFICER

Runya is an accounting and audit professional with a decade of experience in the field. Serving as Controller at Thrive, Runya brings expertise in financial management, reporting, and compliance to the table. Prior to her current role at Thrive, she gained valuable experience at Fortune 500 companies Adobe and Morgan Stanley, as well as public traded company USANA Health Sciences. Throughout her career, her strong analytical abilities have consistently enabled her to provide invaluable insights into financial data, guiding strategic decision-making processes within organizations. Runya holds a Master of Accounting degree from the University of Utah and is a licensed Certified Public Accountant in the State of Utah.

DIRECTOR OF CAPITAL MARKET

Mike Rice is a member of the investor relations team at Thrive Development, specializing in building relationships with family offices and institutional investors in the capital markets. Before joining Thrive, Mike spent over two decades in business development across several industries, primarily focusing on insurance for 18 years. During his time, he excelled in identifying, securing, and onboarding new clients nationwide. By understanding how he could bring value to his client, Mike collaboratively devised tailored strategies to achieve the client’s goals. Mike holds a B.A. in Political Science from the University of Utah and earned his M.B.A. from Brigham Young University. Mike lives in Holladay, Utah, with his wife, Elizabeth, and their two sons, James and Randy. Mike is passionate about coaching his sons’ baseball and football teams, mountain biking, and golfing with his family and friends.

DIRECTOR OF CONSTRUCTION

With over two decades of immersive experience in Development & Construction, Rick S. Bennion stands as a seasoned professional adept in orchestrating the successful execution of multifaceted projects across diverse domains including multifamily residences, retail spaces, office complexes, and restaurants. Spanning 23 years, Rick’s expertise navigates the intricate landscape of construction and development, seamlessly merging strategic vision with practical implementation. Known for a keen eye for detail and an unwavering commitment to excellence, he has consistently delivered innovative solutions, shaping environments that redefine industry standards and cater to the evolving needs of clients and communities alike. When Rick is not focused on Development and Construction, he competes in an array of different endurance competitions Ultra marathons, Triathlon, and Cycling and enjoys spending dedicated time with his family.

ENTITLEMENT MANAGER

Russ Poulsen serves as a dynamic project manager specializing in multi-family investment opportunities. With a focus on Montana, Idaho and Utah, Russ oversees the acquisition, entitlement, design, and financing aspects of multiple projects. Diligently monitoring housing markets, he has a proven track record of identifying and capitalizing on top-tier multi-family investments. Russ possesses a keen understanding of the demand drivers influencing the multifamily sector, coupled with a proficiency in the key financing metrics that underpin project success. Beyond his expertise in multi-family development, he has successfully managed the development of professional and medical office projects. Russ holds a bachelor’s degree in finance with a real estate emphasis from Brigham Young University and is a licensed real estate agent in the State of Utah.

UNDERWRITING MANAGER

Dallin Madsen leads underwriting across the company’s multifamily, medical office, industrial, and retail projects. He builds and maintains the financial models that guide each investment from acquisition through permanent financing, giving leadership and investors a clear view of risk and return at every stage. Working closely with Thrive’s acquisition, construction, and capital teams, as well as lenders, contractors, and vendors, he keeps each deal’s assumptions grounded in current market conditions. Before his current role, Dallin was an associate project manager, guiding multifamily communities from acquisition and zoning through construction and handover to property management. Across both roles, he has worked with a range of capital structures, including HUD-insured financing, structured preferred equity, and investor distribution waterfalls. With a background in construction and a bachelor’s degree in business finance from Brigham Young University–Idaho, Dallin brings a practical, numbers-driven perspective to every investment decision.

LAND AQUISITIONS MANAGER

Austin Johnson leads land acquisitions for Thrive, identifying, evaluating and securing commercial, industrial and multifamily sites that fit the company’s long-term vision. He knows that every successful development starts with the right piece of land. Relationships are at the heart of his approach. He builds lasting connections with landowners, brokers, municipalities and community partners, grounded in trust, transparency and follow-through. Before joining Thrive, Austin built a career in sales across the software, assistive technology and automotive industries, where he developed strong skills in negotiation, client relationships and closing complex deals. Austin holds a B.S. in Business Management from the University of Utah.

CONTROLLER

Ryan Baumann serves as Controller at Thrive Development, bringing more than 20 years of experience in accounting, auditing, financial management, and corporate governance. Prior to joining Thrive, Ryan spent nearly 20 years with USANA Health Sciences in internal audit, where he developed extensive experience in financial controls, risk management, compliance, and operational processes. He later served for three years as CFO of CRC Construction, overseeing the company’s accounting and finance functions.

Ryan holds a bachelor’s degree in Accounting from the University of Utah and an MBA with an emphasis in Accounting from Westminster College. He is a licensed Certified Public Accountant in the State of Utah. Outside of work, Ryan enjoys spending time outdoors and canyoneering throughout Utah with family and friends.