New Western Named Among Top-Ranking Companies for Growth, Earns Dallas Business Journal Award
August 04, 2016 (PRLEAP.COM) Business NewsAugust 4, 2016 - Irving, Texas: New Western Acquisitions, a Texas-based real estate brokerage firm, has been experiencing impressive business success since its start in 2008. Now, New Western's 50 percent year-over-year growth has earned them a prestigious award ranked among the top ten companies in the mid-sized market.
The Middle Market 50 Award, as featured by the Dallas Business Journal, honors growing middle market companies in North Texas. In July, New Western attended a distinguished award ceremony to accept their honor as the sixth-ranked mid-size company in the area regarding growth. Among the top ten were other successful and well known Texas-based companies such as Adeptus Health, Daseke Inc., and JM Bullion Inc. Along with earning a trophy, notoriety, and market-wide recognition, New Western was also highlighted in a Dallas Business feature article published in July.
New Western's COO, Andrew Welker, highlighted the company's success and plans for the future. "We are growing, and want to continue our growth. Eventually, we have aspirations of being one of the largest home buyers in the nation," Welker said. "After receiving this award, it really opened our eyes to just how far we have come since opening our doors in 2008. After a quick moment of reflection on what we have achieved, I believe this honor is a symbol of how hard our team has worked to get us to this point."
"To be ranked as the sixth fastest growing companies in one of the most competitive business markets in the country, and to be alongside all of these great companies, is surely an honor." Welker continued.
At the height of the 2008 recession, New Western Acquisitions was founded in Dallas, Texas with the mission to acquire and sell residential investment properties for affiliated holding companies. In 2010, New Western began to grow, and that growth has led the company to earn a 50 percent increase in year-over-year revenue and to become one of the leaders in the real estate market. To date, New Western has acquired and taken title to enough single-family homes to rank as one of the largest, and most successful, home buyers and sellers of distressed investment properties nationwide. New Western sets themselves apart in the real estate market with a unique brokerage style and high-tech resources that, in turn, have developed a successful business model for their niche.
New Western now has 16 additional offices throughout the United States and have expanded their reach into California, Georgia, Florida, and Pennsylvania metro areas. In the first few months of 2016, New Western premiered new offices in Inland Empire, CA, Collin County, TX, and St. Petersburg, FL. In August, New Western will open their fifth North Texas office and the company has plans to establish themselves in Denver, CO by February 2017.