Strong Growth Record 37th Parallel Properties has demonstrated consistent profitability and rapid expansion, reflected in its inclusion on the Inc. 5000 list for six consecutive years and a three-year revenue growth rate of 83%. This indicates a robust business model and an appetite for strategic acquisitions, presenting opportunities for partnerships or service offerings aligned with scaling operations.
Active Acquisition Strategy The company has recently expanded its portfolio through acquisitions such as Grand Reserve and previously invested over $48 million in Texas properties, showcasing a focus on multifamily communities across the South and Southeast. This proactive acquisition approach suggests ongoing capacity and interest in engaging in new real estate transactions or asset management services.
Targeted Market Focus Specializing in institutional-quality multifamily communities in the southern U.S., specifically in emerging markets like Houston and Austin, positions 37th Parallel Properties as a key player in regional growth corridors, offering potential sales opportunities related to property management, construction, or local market data services.
Stable Financial Profile With annual revenues estimated between $25 million and $50 million and a proven track record of profitable investments, the company is financially stable, which may enable higher-value or long-term partnership deals in consulting, technology implementation, or funding solutions for future property acquisitions.
Recognition & Industry Presence Consistently recognized as a high-growth firm on Inc. 5000 and actively involved in high-profile acquisitions, making it a reputable and visible partner in the real estate sector. This prominence can facilitate engagement with premium service providers in real estate tech, investment analytics, or investor relations to enhance their operational efficiency.