The key to success for the Chasen Companies has been thinking small. The four-year-old construction and development company has earned national recognition for its focus on what it calls the “smaller, luxury boutique multifamily buildings” with 50 units or less.
Chasen, which said its properties are usually fully leased within 30 days of opening, was recognized as 2020’s fastest-growing private company in Maryland, Virginia, Delaware and the District of Columbia in Inc. magazine’s 5000 Series: D.C. Metro List. It earned the prestigious honor, in part, for reporting 3,671% revenue growth from 2016 to 2018.
“My team is creating livable, beautiful and affordable spaces that are intentionally designed to meet the needs of the community while maintaining its historical heritage,” said Brandon Chasen, founder and CEO. “Our biggest accomplishment is revitalizing historic areas of Baltimore, which we will continue to do for years to come. Our team has taken forlorn buildings throughout Baltimore and turned them into homes and areas for businesses to grow. We are fully committed to thoughtfully transforming the neighborhoods they are in.”
The Chasen Companies said it’s proud of the work it’s doing this year to transform the former Tutti Frutti Italian ice cream factory on South Caroline Street in Baltimore into a 31-unit apartment and retail project. Chasen acquired the property in January and broke ground shortly after.
Other recent highlights include two Fells Point commercial and residential projects.