Richmond, VA – August 30, 2019 – For the fourth consecutive year, 37th Parallel Properties, a leading commercial multifamily acquisitions and asset management firm, was named to the Inc. 5000 List, Inc. magazine’s annual ranking of the fastest-growing private companies in the U.S. The firm is listed as #3707 on the list with a three-year growth rate of 93%.
“We have a great team that works hard to serve our clients every day. This achievement reflects that hard work and dedication,” said Dan Chamberlain, COO and Managing Partner of 37th Parallel Properties.
37th Parallel Properties provides acquisition and asset management services for clients who want access to stable income-producing apartment investments in some of the most demographically attractive markets available. They have a very efficient tax structure built into the passive real estate investing platform with a strong income and equity growth history across their multifamily portfolio.
“It’s a great achievement to be on the Inc. 5000 list for four years in a row. And, we look forward to making the list in the future, as well” said Chad Doty, CEO and Managing Partner of 37th Parallel Properties. “Providing access to stable, income-producing apartment investments for our clients has been our goal from day one. We have an outstanding investor family and team of partners that makes this all possible.”
About 37th Parallel Properties
37th Parallel Properties is a privately-held, multifamily real estate investment firm based in Richmond, VA. Founded in 2008, 37th Parallel has acquired and managed over 4,500 units and completed transactions totaling $495 million across the Southeast and Texas on behalf of high net worth, family office, and institutional investors. To learn more, call 888.837.3720.
About the Inc. 500|5000 List
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars. The Inc. 500|5000 list represents the fastest growing companies in the nation. Companies are ranked according to the percentage growth of their annual revenue over a three-year period. The 2019 list assesses revenues from 2015-2018 to calculate overall growth.