While we have experienced incredible growth year over year for the last seven years, it certainly comes with its challenges, and every time, our team has risen to the challenge and overcome.
BLOOMINGTON, MINN. (PRWEB) August 17, 2016
Renters Warehouse has – for the seventh consecutive time – been named to the Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies.
One of the largest and most awarded residential property management companies in the U.S., Renters Warehouse manages more than 16,000 homes for over 12,000 investors across the country, and about $3 billion worth of residential real estate.
This year, the company ranked 2,018 on the Inc. 5000. By making the list for an impressive seventh consecutive time, Renters Warehouse is in truly rare company – only a tiny fraction of the nation's companies have demonstrated such remarkably consistent high growth.
“I am incredibly proud of the team,” says Renters Warehouse CEO Kevin Ortner. “While we have experienced incredible growth year over year for the last seven years, it certainly comes with its challenges, and every time, our team has risen to the challenge and overcome. It’s been an amazing ride, and the best is yet to come!”
Meanwhile, Renters Warehouse Arizona franchise also landed on the Inc. 5000, at 921, up from 957 in 2015.
Renters Warehouse has experienced phenomenal growth in the last two years, all the while continuing to amass awards and be named to various “Best Places To Work” lists. In 2015, the company virtually doubled its national footprint, proudly operating 28 offices (now 33) in 18 states, an increase from 15 offices in 9 states at the end of 2014.
All of this was achieved while Kevin Ortner and his executive team were working toward the acquisition of Renters Warehouse by Minnesota’s Northern Pacific Group (NPG). To be acquired by the NPG private equity team meant the injection of a significant amount of capital that when combined with Renters Warehouse’s unique and growing residential property management experience and leadership, is the perfect formula to rapidly expand corporate growth across the country.
Renters Warehouse is also now investing behind its new Portfolio Services Division that uniquely serves larger, mid- to institutional-level real estate investors with both centralized services and local market expertise and staff.
“Winning awards like the Inc. 5000 and Best Places to Work help our recruiting efforts,” says Kevin. “We are able to attract top talent. People who want to be a part of a winning team and a winning culture and leveraging these awards helps us recruit, hire and maintain a great team. The best part is, as winning awards helps us hire the best people, those people help us continue to win awards!”
The average company on the Inc. 5000 list achieved a mind-boggling three-year growth of 433 per cent. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8 per cent of all jobs created in the entire economy during that period. The annual Inc. 5000 event honoring all the companies on the list will be held from Oct. 18 through 20, in San Antonio, TX.
Renters Warehouse exists to help homeowners discover wealth and financial freedom through Rent Estate™. To learn more about Renters Warehouse or to find out how much your home will rent for, visit http://www.renterswarehouse.com today!
About Renters Warehouse
Renters Warehouse is one of the fastest-growing and highest-reviewed residential property management companies in America, and the largest in Minnesota. Under the leadership of President and CEO Kevin Ortner, Renters Warehouse now manages more than $3 billion in residential real estate, servicing 12,000+ investors across 16,000+ residential homes in 33 markets and 18 states. The company expertly serves everyday single-property homeowners as well as real estate investors. Through their dedicated Portfolio Services Division, Renters Warehouse brings professional, scalable and efficient single property management solutions to investment portfolios with both centralized services and local market expertise and staff. In 2015, the company officially trademarked the term Rent Estate™ to redefine the entire SFR (Single Family Rental) industry as more traditional real estate gives way to this new lucrative asset. Not only has Renters Warehouse received the prestigious honor of being included on the Inc. 500 | 5000 list of fastest-growing privately held companies in America seven consecutive years in a row, this Great Rated company was also named one of the “Best Places to Work” in Minnesota (where they are headquartered) by the Minneapolis St. Paul Business Journal in 2010, 2011, 2012, 2014, 2015 and 2016, and by the Phoenix Business Journal in 2013 and 2014 (first franchise location). Renters Warehouse Arizona also achieved a spot on the prestigious 2016 Top Companies to Work for in AZ list. Nationwide, Renters Warehouse has been honored as one of America's "Best Places to Work" in 2012, 2014, 2015 and 2016 by Outside Magazine. Recognized as pioneers in real estate, business management and innovation, Renters Warehouse has been honored with 18 Business Stevie Awards both internationally and stateside.