2010 Revenues: $5 million
5-year Annual Growth Rate: 81%
CEO: Bo Menkiti
Location: Washington, DC
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.
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