Date of Release: 07/17/2009
Denver, CO- Monroe Group is ranked number seven as one of Denver’s “Fastest Growing Private Companies” according to the Denver Business Journal.  The annual list put out by the Denver Business Journal (DBJ) ranks companies based on the percentage growth for fiscal years 2006, 2007, and 2008.  Each company was asked by the DBJ to report a minimum of nine months operations in 2006.  Companies are then grouped in five categories according to size to allow for the maximum amount of competition in each like-sized revenue group. 

Out of over 300 respondents to the DBJ survey, Monroe Group ranked #7 among companies in “Flight V” with annual revenues less than $2.8 million.  Between 2006 and 2008 Monroe Group demonstrated 172% growth in revenue.  Chad Asarch, principal for Monroe Group attributes this accomplishment to the “dedication and hard work of our employees, strong relationships with our partners, and a creative approach to our business.”

Monroe Group is featured along with the other Fastest Growing Private Companies in a special edition of the Denver Business Journal published July 17, 2009.

About Monroe Group Ltd.:

Monroe Group Ltd. is a leading real estate development firm specializing in affordable multi-family and senior/disabled housing.  Monroe Group Ltd. manages a portfolio of 23 multi-family properties totaling 2,084 units. Its portfolio includes Project Based Section 8, Low Income Housing Tax Credit (LIHTC) and mixed-income developments in Colorado, Indiana, Texas, North Carolina and Missouri. Monroe Group believes that all people—regardless of their financial situation, age or abilities—deserve to live in clean, decent and safe homes and communities. Monroe Group is dedicated to improving communities by providing high quality affordable living alternatives.