In 2015, Real Estate Forum introduced its ranking of the commercial real estate industry's Fastest-Growing Companies: firms that are outpacing their competition and positioned for success in 2016 and beyond. Twenty-eight companies made the inaugural list, which was segmented into four categories based on average annual revenue: Heavy Hitters ($1 billion-plus in average annual revenue), Large Companies ($101 million to $999 million), Mid-Sized Companies ($11 million to $100 million) and Small Companies (up to $10 million).
The winners were calculated based on their scores for two fields—revenue growth and headcount growth—over a three-year period. The sum of those scores determined the final ranking of the firm.
The standouts in each of these categories exhibited significant growth over the three-year period examines. In the “Heavy Hitters” category, Miami-based Related Group came out on top with an overall growth rank of No. 1, along with revenue and employee headcount growth. The firm saw its three-year revenue and staffing respectively increase by 200% and 98%, with a projected year-end revenue of $2.5 billion and headcount of 500.
In the large firms category, Avison Young secured the top spots in the ranking for overall revenue and headcount growth. The Toronto-based firm's US revenue increased by 124%, with a projected $300 million for year-end 2015. Meanwhile, its headcount grew by 88% and was expected to hit 2,200 employees by the end of last year. Among mid-sized firms, Prime Property Investors Ltd. of Northbrook, IL, was the most revenue and headcount growth, with 274.83% and 150%, respectively. The project anticipated it would hit $50 million and 50 employees by the time 2015 ended.
And in the small firms arena, two companies tied for first place in terms of overall growth. Sandlapper Capital Investments LLC of Greenville, SC has the biggest revenue growth of 790.95%, and the second-highest staffing increase of 233%. Its projections for year-end 2015 were $12.9 million in revenue and 11 full-time employees. The standings were flipped for Los Angeles' Rosano Partners, which saw its headcount grow by 333% and revenue rise by 356.1%. By the end of the reporting year, they expected to record $6.5 million in revenue with 51 employees.
Did these firms hit their projections for 2015, and are they expecting to realizer further growth this year? Think your firm deserves to be on the list? Submit your company for consideration in this year's ranking via our online form. The finalists will be featured in the December issue of Real Estate Forum magazine.
In 2015, Real Estate Forum introduced its ranking of the commercial real estate industry's Fastest-Growing Companies: firms that are outpacing their competition and positioned for success in 2016 and beyond. Twenty-eight companies made the inaugural list, which was segmented into four categories based on average annual revenue: Heavy Hitters ($1 billion-plus in average annual revenue), Large Companies ($101 million to $999 million), Mid-Sized Companies ($11 million to $100 million) and Small Companies (up to $10 million).
The winners were calculated based on their scores for two fields—revenue growth and headcount growth—over a three-year period. The sum of those scores determined the final ranking of the firm.
The standouts in each of these categories exhibited significant growth over the three-year period examines. In the “Heavy Hitters” category, Miami-based Related Group came out on top with an overall growth rank of No. 1, along with revenue and employee headcount growth. The firm saw its three-year revenue and staffing respectively increase by 200% and 98%, with a projected year-end revenue of $2.5 billion and headcount of 500.
In the large firms category, Avison Young secured the top spots in the ranking for overall revenue and headcount growth. The Toronto-based firm's US revenue increased by 124%, with a projected $300 million for year-end 2015. Meanwhile, its headcount grew by 88% and was expected to hit 2,200 employees by the end of last year. Among mid-sized firms, Prime Property Investors Ltd. of Northbrook, IL, was the most revenue and headcount growth, with 274.83% and 150%, respectively. The project anticipated it would hit $50 million and 50 employees by the time 2015 ended.
And in the small firms arena, two companies tied for first place in terms of overall growth. Sandlapper Capital Investments LLC of Greenville, SC has the biggest revenue growth of 790.95%, and the second-highest staffing increase of 233%. Its projections for year-end 2015 were $12.9 million in revenue and 11 full-time employees. The standings were flipped for Los Angeles' Rosano Partners, which saw its headcount grow by 333% and revenue rise by 356.1%. By the end of the reporting year, they expected to record $6.5 million in revenue with 51 employees.
Did these firms hit their projections for 2015, and are they expecting to realizer further growth this year? Think your firm deserves to be on the list? Submit your company for consideration in this year's ranking via our online form. The finalists will be featured in the December issue of Real Estate Forum magazine.
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