USA Properties Fund is one of the fastest-growing companies in the Sacramento region, landing on a closely watched list by the Sacramento Business Journal.
USA Properties finished at No. 47, with 24% revenue growth between Jan. 1, 2017, through 2019. The privately owned company had revenue of $201.3 million in 2019 – the second-most on the list.
The company added six apartment communities and almost 1,100 units during the three-year period.
“We've enjoyed very solid growth while keeping our never-ending commitment of creating outstanding communities for our residents,” said Geoff Brown, President of USA Properties. “We carefully look at every opportunity and make sure it fits with our strategic growth plan before moving forward.”
USA Properties, one of the largest apartment community developer-builder-managers in the West, has almost 11,800 units in California and Nevada. The company ranks No. 33 on Affordable Housing Finance's Top 50 Affordable Housing Finance Owners in the U.S.
The company has expanded from affordable communities into market-rate housing during the past several years.
“We are committed to providing quality apartment communities for Californians, and help meet the tremendous need for more housing in the state,” Brown said. “Every apartment community built – affordable and market-rate – is opening the door to more housing.”
Pictured: Adega Apartments, a new apartment community in Rohnert Park, CA.