About the business:
The Menkiti Group, a residential and commercial real estate developer in northeast Washington, D.C., got its start in 2004 doing basic home revamping and has since evolved into a full-blown commercial developer for urban properties. The company hires locally, and most employees live in the neighborhood. Staffers' backgrounds are quite diverse and hiring is a long, challenging process as most training is done externally. Employees are also able to invest their salaries to earn equity in a single-family home. To sustain growth, says CEO Bo Menkiti, the company will have to raise additional capital.
This year's Inner City 100 companies have fought off a sluggish economy through a combination of smart investment and savvy strategy. Here's how they are doing it.
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