BOISE, ID, Oct 10, 2024 – Fromley, leading real estate developer of single-family and multifamily communities, has been named to the prestigious Inc. 5000 Fastest-Growing Private Companies in America for 2024. The 5th fastest-growing real estate company in America, this is Fromley’s first appearance on the Inc. 5000. The Boise-based real estate development firm’s 1,632% three-year growth earned an overall ranking of No. 250 nationally and No. 1 in Idaho.
Companies were identified and ranked based on a combination of factors including revenue generated over a three-year period with minimum revenue hurdles. 2024 Inc. 5000 businesses combined for over $317 billion in revenue, 874,940 new jobs (2020-23), and a median growth rate of 208%. Previous Inc.5000 honorees include Microsoft, Meta, Chobani, Under Armor, Oracle, GoPro, Zappos, and Intuit.
Called out in a recent Inc. article titled “The Future of the Housing Market? These Companies Want to Build It,” Inc. praised Fromley for having “adeptly cashed in on the housing market’s tailwind during the pandemic housing boom…in Idaho, where home prices rose 60 percent on a seasonally adjusted basis from March 2020 to June 2022.”
“It’s an honor to be recognized nationally among the Inc. 5000 and to represent our state as Idaho’s fastest-growing private company” said Fromley chief executive Mark Russell. “We’re proud of the hard work our team has put into tackling the housing challenges in Idaho and living our mission of doing ‘real estate for good.”
For the complete 2024 Inc. 5000 list of honorees, go to www.inc.com/inc5000.
About Fromley
Fromley (www.Fromley.com) is a locally and nationally recognized real estate developer of for-sale, multifamily and single-family community development and management. Led by Mark Russell, Fromley, Inc. is focused on the mission of developing “real estate for good” by providing affordable housing solutions to underserved markets since 2017.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
