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ExecNet Properties ranked one of the Fastest Growing Companies in the United States by Inc Magazine |
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August 26, 2008 |
Denver, CO -- August 26, 2008 -- ExecNet Properties, a corporate housing company focused on providing high-quality furnished apartments at affordable rates, was just named as one of the fastest growing private companies in the United States by Inc. Magazine in it’s annual “Inc. 5,000” rankings. The company was also ranked at No. 34 in the country among private real estate companies, as well as No. 45 as the fastest growing private companies in Denver, Colorado.
“The 2008 Inc. 5,000: More Growth, Incredible Variety, and a Reflection of the Times. The economy has not slowed the growth of these companies that range across industries from construction and manufacturing to IT services and business services, for a combined revenue of $185.4 billion and 334 percent growth.” said Inc. 5,000 Project Manager Jim Melloan. “The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,”
“We are honored and excited to be recognized by Inc. Magazine, the leading voice in the business publishing industry,” said ExecNet Properties C.E.O. and co-founder Zac Cihak. “We owe a great deal of gratitude to our many clients and guests, as well as our outstanding employees. Without the dedication and professionalism of the ExecNet Properties team we could not have attained the growth that we have experienced. They provide world class service to our clients while keeping the workplace light and enjoyable.”
“Like most plagues, a bad economy takes its toll on the very young (start-ups) and the old and unhealthy (large corporations that over the years or decades have grown inefficient and unwieldy). About 70 percent of the companies on this year’s Inc. 500 launched from 2000 to 2003, which makes them sturdy youths. These companies are more likely to be on the efficient frontier and to have hit the sweet spot in terms of high-demand growth,” says Robert Litan, vice president of research and policy at the Kauffman Foundation.
“There are advantages to having started in year of technology-bust and terrorist-attack turmoil. Many Inc. companies “arose in response to major changes in the economy, and now the economy is changing again,” says William Dunkelberg, chief economist at the National Federation of Independent Business. Such businesses “are flexible and innovative, and that’s why they do so well,” says Dunkelberg. “Entrepreneurs are the R&D for the economy.” “The R&D characterization is spot on, as a quick stroll through the list makes evident. In industry after industry, companies are experimenting with new technologies and business models,” says Inc Magazine Leigh Buchanan.
“This has been a challenging economy, and nothing comes easy. We have had to reinvent ourselves a number of times over our nine years in business. Our focus with our ExecNet Properties Team, and owning our own high-quality furniture has been the cornerstone of our success, resulting in161% growth over the last three years,” said ExecNet Properties President and Founder Scott Remmel.
ExecNet Properties provides fully furnished apartments for travelers needing short-term housing stays of 30 days or longer, anywhere in the United States or overseas. They provide a more comfortable and affordable alternative to an extended stay hotel. They have grown every year since they have been in business. “No other corporate housing provider offers as many services, under one roof, than ExecNet Properties,” says Remmel. “From furniture and furnishings, technology, housekeeping, and the efficiencies that come with that - it’s hard to beat us.”
Scott Remmel
ExecNet Properties
5351 Tennyson St.
Suite 1-A
Denver, CO 80212
USA
( 303 )433-1423 Main
www.execnetproperties.com
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Press Release Summary
ExecNet Properties is chosen by Inc. Magazine as a Fastest Growing Company. ExecNet joins the list as No. 34 in the Top Real Estate Companies in the country and No. 45 in the Top Businesses in the Denver Area.
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