Thrive International Enters Legal Receivership
The refugee housing nonprofit's board voted to dissolve after a $3.3 million arbitration ruling in favor of Fortify Holdings.
Updated on Nov. 5, 2026 in Openings & Closings
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Thrive International, a Spokane-based nonprofit that housed refugees and immigrants, has begun dissolution proceedings after its board voted to enter legal receivership. An arbitration judge had ordered the organization to pay $3.3 million in back rent and insurance costs to Fortify Holdings.
Why it matters
Thrive was the largest provider of housing for refugees and immigrants in Washington state, so its collapse removes a significant local housing resource. The receiver is now working to move residents at the organization's two residential sites into new housing arrangements.
Thrive International was ordered to pay $3.3 million in back rent and insurance costs following an arbitration ruling in favor of Fortify Holdings. The organization employed as many as 18 people before entering receivership.
The players
Shelly Crocker
Crocker is the court-appointed receiver overseeing Thrive International's dissolution and the transition of its residents to new housing.
Fortify Holdings
Fortify Holdings is a Portland-based property company that sued Thrive International and won the arbitration ruling over unpaid rent and insurance costs.
The details
Thrive International, founded in 2022, provided temporary housing to refugees for about four years at the former hotel at 110 E. Fourth Ave. Fortify Holdings sued the nonprofit in November 2024, and the arbitration judge ruled in Fortify's favor, prompting Thrive's board to vote for receivership.
Timeline
November 2024: Fortify Holdings filed its lawsuit against Thrive International.
2024: Thrive became the largest refugee and immigrant housing provider in Washington state.
Monday, November 2, 2026: Mark Finney's tenure as executive director ended.
Openings & Closings
Thrive's dissolution leaves a gap in Washington's refugee housing network, which had relied on the organization as the state's largest provider as of 2024. The collapse shows how a single contract dispute can close a nonprofit that housed hundreds of newcomers.
Residents of Thrive's two housing sites are being moved into new arrangements under the receiver's supervision. Neighbors and local service providers should expect changes as the transition proceeds.
The takeaway
Thrive's closure shows how quickly a nonprofit's finances can unravel when a lease or insurance dispute goes to arbitration. Organizations relying on single landlords should review their contracts for similar exposure.
Further reading
For more on local business shutdowns, see Openings & Closings in Spokane.
Source note: This article includes information reported by The Spokesman Review.
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