Date of Release: 07/22/2010
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 2007, 2008, and 2009.  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 $1.9 million.  Between 2007 and 2009 Monroe Group demonstrated 124% growth in revenue.  Monroe Group also ranked seventh in the same category in the 2008 DBJ survey.  Stuart Heller, Principal at Monroe Group stated “Our continued growth, especially in these difficult financial times, is a testament to our employees who continually give 110% to their jobs.  We are thrilled to on the Fastest Growing Companies list two years in a row.”

Monroe Group is featured along with the other Fastest Growing Private Companies in a special edition of the Denver Business Journal published July 23, 2010.

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 30 multi-family properties totaling 2,274 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.