What's Hot: Total Wine Coming To Friendship Heights | 256-Unit Project Proposed to Replace Rosslyn Buildings Moves Forward
Green Real Estate Firm in DC Ranks #3 on Inc. 500
✉️ Want to forward this article? Click here.
Harley Stanfield, a local firm focused on green real estate development and investing, has landed at #3 on Inc. magazine’s annual list of the 500 fastest growing companies in the U.S. Headquartered downtown on I Street, Harley Stanfield enables consumers to buy property, both residential and commercial, that it then finances, manages, and in some cases develops on the consumer’s behalf. The properties satisfy eco-friendly standards, which the company says makes for a better and more socially responsible investment.
According to its profile on Inc.com, Harley Stanfield’s gross revenue has ballooned from under $300,000 in 2005 to over $38 million last year. This phenomenal growth secured it the high ranking on the Inc. 500.
To date the company has focused much of its efforts in college towns like Ann Arbor, Michigan and South Bend, Indiana, where the economics of its real estate investment model work best. It has not done any projects in the D.C. metropolitan area, though that’s about to change.
“We are in the process of negotiating with the D.C. government on a green construction initiative,” founder and CEO Cedric Franklin told UrbanTurf. The initiative would see Harley Stanfield train local workers in its green construction methods and provide them employment rehabilitating distressed properties it acquires from the city to feed into its investor program.
Separately, Washington, D.C., was ranked #1 of all cities in the U.S. based on the number of companies it has on this year’s Inc. 500. Forty-two of the 500 are from the D.C. area. New York and LA tied for #2 with 36 companies apiece.
See other articles related to: green real estate dc
This article originally published at https://dc.urbanturf.com/articles/blog/green_real_estate_firm_in_dc_ranks_3_on_inc._500/1233.
Most Popular... This Week • Last 30 Days • Ever
The one-of-a-kind residence was built out of two expansive classrooms, an office, two... read »
The Tastee Diner closed its doors in 2023. Since then, a huge redevelopment plan at i... read »
As we head towards the end of the year, UrbanTurf is wrapping up its coverage of larg... read »
As the redevelopment of the Mazza Gallerie mall in Friendship Heights heads towards c... read »
Designed by visionary Travis Price Architects, 3623 R Street NW is a light-filled mas... read »
- 13 Foot Ceilings, 5,800 Square Feet in a Historic Schoolhouse: A Rare DC Loft Hits the Market
- The 525-Unit Development Planned At Silver Spring Tastee Diner Site Moves Forward
- The 6 Large Developments on the Boards From Anacostia to the Bridge District
- Total Wine Coming To Friendship Heights
- A Rare & Striking Modern Home in the Heart of Georgetown Hits the Market
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro