DENVER – Kentwood Real Estate, Colorado’s Premier Real Estate Company, has been recognized by the Denver Business Journal (DBJ) as the fourth fastest growing private company in the region in a category of annual revenues of $54 million or more. Honorees were recognized at a VIP reception hosted by the DBJ at Sullivan’s Steakhouse on Tuesday, October 14, 2014 to honor the top 50 finalists in five financial categories.
The winners were announced on Thursday, October 16th at an awards luncheon held at the Hyatt Regency Denver Tech Center where the rankings were revealed.
The DBJ recognized 10 companies in each of five flights based on total revenue. Kentwood Real Estate was among those in flight number one, which included companies with the highest total revenue. The recognition was based on the percentage change in total revenue from 2011 to 2013. Kentwood’s percentage change was 95.4 percent, with revenues increasing from $30.6 million to 59.8 million. Of the top 100 companies ranked by the DBJ for total revenue, Kentwood Real Estate was 44th.
The categories for the DBJ awards were determined by taking into consideration the reported revenues of all companies that shared data with the DBJ and grouping them to achieve the maximum amount of competition among like-sized companies. The data was authenticated by a local accounting firm.
“We are pleased to be among the fastest growing private companies in metro Denver,” said Peter Niederman, Chief Executive Officer of Kentwood Real Estate. “We have attracted the very finest real estate professionals in the business who are focused on superior customer service, the use of advanced technology, and building relationships that create customers for life. Ultimately, success in this highly competitive business depends on dedication and old fashioned hard work, which are key characteristics of our outstanding brokers.”
Kentwood Real Estate is dedicated to building on its legacy of being “Colorado’s Premier Real Estate Company” through the highest producing, most knowledgeable, caring and experienced brokers in the country who offer the highest quality customer service experience. Kentwood Real Estate is an innovator known for unparalleled marketing strategies and superior Internet technology that places its clients in the best possible position. The company’s brokers each averaged more than $12 million in sales volume annually, which is ranked number one nationwide by the National Association of Realtors and REAL Trends.
Kentwood Real Estate is comprised of Kentwood Real Estate-DTC, Kentwood Real Estate-Cherry Creek, and Kentwood City Properties in downtown Denver. For more information, visit Kentwood Real Estate online at www.DenverRealEstate.com.