Colorado Property Management Company Echo Summit Leads as Fastest Growing Private Company in Denver
Growth of 2,994% from 2007-2009 puts Echo Summit at top of the list
GREENWOOD VILLAGE, Colorado, July 19, 2010 – Echo Summit Property Management, a leading Colorado Property Manager, announced today that it was listed by the Denver Business Journal as the "Fastest growing Denver-area private company." Echo Summit led the top ten companies in the sub $1.9M category, which included all industries.
"Necessity is the mother of invention," said David Steiner, Principal of accounting firm EKS&H, and advisory board member of Echo Summit. "While Echo is still a way off from Pierre Omidyar and eBay, which was founded to create a more efficient market for Pez dispensers, Echo did realize that Property Management is a hugely fragmented and broken industry. Having helped many companies that are now household names establish dominance, I can confidently say that Echo stands a very good chance of achieving their goal of becoming a dominant national player in Property Management."
According to the article in the Journal, Echo Summit's "QCC Framework (Quality, Consistency, Control) was key to the company "realizing a net income much higher than the 21 percent national average for property managers." Like many entrepreneurs, Lukes established Echo Summit when he was unable to find a reliable property management company for their own investment homes.
"Because of the approach we take to the Property Management business and the way we can readily respond to our market, Echo Summit has been able to grow at a fast pace and keep our clients satisfied," said Scott Lukes, President of Echo Summit. "Our commitment to quality sets us apart from other property management companies and forms the foundation of Echo Summit's success."
Echo Summit has offices in three locations throughout Colorado and will soon add a multi-family division to its offerings. Other plans for expansion are in the works and will be announced at a future date.
About Echo Summit Property Management
Echo Summit was founded with the mission of increasing the quality and effectiveness of managing residential and multi-family rental properties. Our philosophy is simple...once you start treating an income property like a rental, it will eventually dilapidate into one. Proactive maintenance, targeted marketing, careful tenant selection and continual presence are all critical to this goal. Our in-depth understanding of how to manage properties, combined with cutting edge technology, systems and processes have allowed us to achieve this goal. Over time, we have established a quality reputation in Colorado rentals, and are now the de-facto rental company for professional sports teams, local media personalities, and large companies looking to relocate key employees.
