Aspen Heights Receives ACG Central Texas Growth Award
Aspen Heights, developer and manager of a diverse portfolio of real estate, was honored for its outstanding financial performance and growth today at the Association for Corporate Growth (ACG) annual awards event. The Central Texas Chapter of ACG recognized market-leading companies who make Central Texas the thriving business community that it is. These companies made their mark with sustained growth and financial performance.
For the second year in a row, Aspen Heights won the annual revenues of $25M – $100M category. The company continues to see tremendous growth since opening its doors in 2006. Aspen Heights currently has eight projects that are under development including The Independent, which will be the largest condo tower west of the Mississippi. More than $1.5 billion in capital investment has been raised by the Aspen Heights team. More specifically, the group has secured more than $775 million in construction financing, placed approximately $520 million in permanent debt and raised almost $300 million in equity. Headquartered in Austin, Aspen Heights currently has 300 employees and continues to raise the bar for innovation and excellence in real estate development and management.