Tag Archives: real estate

Find A House Friday

648 Kennebec Avenue, Takoma Park, MD 20912
Listed By: Patrick Rutledge
patrick@patrickrutledge.com
240.832.4460

2 Bed | 1 Full + 2 Half Bath | 1782 sqft | $400,000


232 Birchside Circle, Locust Grove, VA 22508
Listed By: The Licata Group
pat@licatagroup.com
540.388.2541

4 Bed | 3 Full + 1 Half Bath | 2,159 sqft | $550,000


4405 Westbrook Lane, Kensington, MD 20895
Listed By: Denise McGowan of The Greene McGowan Group
denisemcgowan@kw.com
240.472.4526

3 Bed | 4 Full + 1 Half Baths | 1,397 sqft | $897,000


4124 Monument Court Unit #304, Fairfax, VA 22033
Listed By: Maureen Almaleki
maureen.almaleki@yahoo.com
703.964.1290

2 Bed | 2 Full Baths | 1,418 sqft | $315,000


5505 1st Street NE, Washington, DC 20011
Listed By: Kerwin Davis
kwdavisdc@gmail.com
202.365.2751

4 Bed | 3 Full + 1 Half Bath | 1,800 sqft | $899,000

Keller Williams Capital Properties Named One of the Nation’s Fastest-Growing Inner City Businesses

The Initiative for a Competitive Inner City (ICIC) announced that Keller Williams Capital Properties has made the 2018 Inner City 100 list of the fastest-growing inner city businesses in America, based on revenue growth. ICIC, a 25-year-old national nonprofit founded by Harvard Business School professor Michael E. Porter, promotes economic prosperity in America’s inner cities through private sector investment that leads to jobs, income and wealth creation for local residents.

The list was revealed at the 20th Annual Inner City 100 Conference and Awards in Boston October 1-2.  The full list is available on Fortune’s website. Keller Williams Capital Properties, led by CEO Bo Menkiti and COO Dontae Carroll was ranked #92 based on its growth rate from 2013 to 2017 of 68.33% and 2017 revenue of $64,811,875.

2018 marked the 5th appearance on the prestigious list for KWCP, placing our brokerage into the ICIC fastest-growing companies Hall of Fame. The Menkiti Group was also ranked for a record 5th appearance, this year at #93, which places the company into the Hall of Fame as well.

Said ICIC CEO Steve Grossman, “Inner City 100 companies are forces of economic opportunity, optimism and transformation in their communities. They lead the way in innovation, job creation and economic revitalization and it’s an honor to shine the spotlight on their leadership and accomplishments. In addition to excellence in business, these pioneering entrepreneurs have demonstrated a deep commitment to and passion for their communities, which significantly impact the wellbeing of their local economies”.

Now celebrating its 20th year, ICIC’s Inner City 100 list has long celebrated urban entrepreneurship. Since its inception, ICIC’s list has recognized 975 companies, which have seen average growth rates of more than 400 percent during a five-year period and have collectively created more than 126,000 meaningful jobs in America’s distressed and underserved communities and neighborhoods.  The Inner City 100 program opens doors for other budding urban entrepreneurs and stimulates inner city business development and job creation through recognition, networking and learning.

“These businesses and their owners are a testament to the impact innovation and entrepreneurship have had in rejuvenating urban areas across the U.S. Companies such as (COMPANY NAME) are experiencing revenue growth and increased investment, which are in turn creating more jobs and economic opportunity for citizens in the communities where these companies call home” said ICIC President and COO, Matt Camp.

2018 Inner City 100 by the numbers:

  • Average growth rate of 436 percent between 2013 and 2017
  • Represent 46 cities in 23 states
  • Employed 10,085 individuals in 2017
  • Created 5,516 new jobs in the last five years
  • On average, 36 percent of employees live in same neighborhood as the company.
  • Average company age is 15 years
  • Average 2016 revenue is $14.8 million
  • 31 percent are women-led
  • 38 percent are minority-led
  • Represent 26 industries

CEOs from the winning companies were invited to the Inner City 100 Conference and Awards, two days of robust networking opportunities and educational sessions led by Fortune 500 executives and academics from top-tier universities, including Harvard Business School. Past winners have reported connecting with multi-million dollar investors as a result of appearing on the Inner City 100 list and attending the Conference.

Initiative for a Competitive Inner City (ICIC)

ICIC is a national nonprofit founded by Harvard Business School professor Michael E. Porter. ICIC’s mission is to promote economic prosperity in America’s inner cities through private sector investment that leads to jobs, income and wealth creation for local residents. Through its research on inner city economies, ICIC provides businesses, governments and investors with the most comprehensive and actionable information in the field about urban market opportunities. The organization supports urban businesses through the Inner City 100, Inner City Capital Connections, Goldman Sachs 10,000 Small Businesses program, and Santander Bank’s Cultivate Small Business program. Learn more at www.icic.org or @icicorg.

Gary Keller, KWCP, and Bo Menkiti Included in 2018 Swanepoel lists

The 2018 SP200 (Swanepoel Power 200) and other Real Estate industry recognition lists are the definitive rankings of the leaders and executives in the residential real estate brokerage industry published annually by T3 Sixty.

On the SP2018 Trendsetters list is Keller Williams Capital Properties CEO and Founder Bo Menkiti, in an exclusive list of 20 other innovators, dealmakers, and movers-and-shakers who made a noteworthy impact over the last year.

Standing at the top in the #1 spot of this year’s Power 200 list is Gary Keller, co-founder and chairman of Keller Williams Realty International, and he is joined on the list by KW colleagues, including CEO John Davis (#7), Regional Owner and KW Board Member Mary Tennant (#74), MAPS CEO Diana Kokoszka (#89), Josh Team, Chief Innovation Officer (#134), and several other Regional Owners.

Other lists recognize Corporate Executives, Power Brokers, Technology Executives, ORE Executives, Women Leaders, Emerging Leaders, Trendsetters, and Social Influencers. In all the Swanepoel lists include 360 industry professionals, of more than an estimated 6 million professionals worldwide.

The SP200 team invests more than 400 hours analyzing hundreds of bios, annual reports and transaction and sales volume data. They send hundreds of requests for additional information, personally verifying announcements, stats, and actions that took place over the past year. Then they spend several days in a room deliberating who, what and why.

Real Estate Industry leaders are evaluated based on the office they hold, the decision-making power associated with the office, the financial resources at their disposal, their organization’s industry significance and geographical reach, public announcements about imminent changes, their tenure and their personal influence in the industry.