The company ranks No. 4 among real estate companies on Inc. Magazine’s 36th annual list of America’s fastest-growing private companies.
ALISO VIEJO, Calif. — August 17, 2017— Inc. magazine today ranked Nelson Brothers No. 129 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
Nelson Brothers which owns three student housing properties at Utah Valley University — University Gardens, University Gateway and university Towers — also ranked No. 4 within the real estate category, marking a three-year sales growth of 3,111 percent for a total of $25.5 million in revenue.
“Being ranked among some of the finest companies in today’s economy is an incredible honor,” said Patrick Nelson, CEO of Nelson Brothers. “To even be considered for the Inc. 5000, a company must show minimum growth of 10-fold over the past three years. With 3,111 percent, we’ve worked extremely hard to push Nelson Brothers to this level of success.”
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands now) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481 percent. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
Since its inception in 2007, Nelson Brothers has acquired and managed over $550 million in assets through the acquisition of 35 student housing properties and three assisted living properties across 14 states. Nelson Brothers focuses on targeted growth opportunities and value-added investments for its clients through capital improvements, cost efficiency and revenue maximization. Its entities include Nelson Brothers Professional Real Estate LLC and Nelson Brothers Property Management Inc.
So far in 2017, the company has completed deals on seven properties with a combined value of $98 million. In 2016, Nelson Brothers closed on 10 properties, with $136 million in acquisitions. Overall, Nelson Brothers has grown the value of its portfolio more than 200 percent in the past two years.
The 10th anniversary of the Inc. 5000 Conference and Gala honoring all the companies on the list will be held October 10-12, 2017, at the JW Marriott Desert Springs and Spa in Palm Springs, California.