Chasen ranks No. 1 on the list two years in a row, with two-year growth rate of 8,853%
Inc. magazine today revealed that Chasen Companies is No. 1 for the second year in a row on its second annual Inc. 5000 Regionals: D.C. Metro list, the most prestigious ranking of the fastest-growing Washington D.C. area-based private companies. The Baltimore-based real estate, development and property management firm experienced more than 8,000% growth over the last two years. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the D.C. area economy’s most dynamic segment—its independent small businesses.
“We are honored to be named the fastest-growing private company in the D.C. Metro region for the second year in a row,” shared Brandon Chasen, Sr, founder and CEO of Chasen Companies. “Although the last year has been challenging, it ended up being a banner year for us business-wise. Our projects have been more profitable as a result of our team being pushed to do more with less, our residents are leasing longer-term and our private, boutique model fits the standards people are looking for in a place to live--especially during a pandemic. We look forward to continuing to grow our team and revitalizing neighborhoods throughout the Maryland region and beyond.”
The companies on Inc. 5000 Regionals list show stunning rates of growth across all industries in the Washington, D.C., region. Between 2017 and 2019, these 250 private companies had an average growth rate of 211 percent and, in 2019 alone, they employed more than 120,000 people and added nearly $15 billion to the D.C. area economy. Companies based in major metro areas—Baltimore, Maryland, the Washington, D.C. area, and Richmond, Virginia—brought in the highest revenue overall.
Complete results of the Inc. 5000 Regionals: D.C. Metro, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/washington-dc.
“This list proves the power of companies in the Washington, D.C. area no matter the industry,” says Inc. editor in chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
To learn more about Chasen Companies’ growth, visit the feature included in Inc magazine in print and online.
About Chasen Companies
Chasen Companies acquires and develops properties in the Greater Baltimore and Washington DC markets. The firm specializes in luxury multifamily, commercial and single-family properties. Each living and workspace is intentionally designed to provide a boutique setting while maintaining the historic heritage of the property. More information is available at https://www.chasencompanies.com/.
More about Inc. and the Inc. 5000 Regionals
The 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com