Elm Grove Companies Named #1 in Manchester-Nashua Metro on 2025 Inc. 5000 List, Creating Jobs and Expanding Affordable Housing
- Kayla Frank
- Sep 24, 2025
- 2 min read
Manchester, NH – September 20, 2025 – Elm Grove Companies, a New Hampshire-based real estate investment, development and property management firm, has been recognized as the #1 fastest-growing private company in the Manchester-Nashua Metro Area and #2794 nationally on Inc. Magazine’s 2025 Inc. 5000 list. The firm posted 148% revenue growth and a compound annual growth rate of 35.7% from 2021 to 2024, underscoring its role as one of the region’s most dynamic multifamily platforms.
Today the company manages more than 2,000 apartments across New England, oversees $450 million in assets under management (AUM), and employs 85 people.
“This honor reflects our team’s hard work, the support of our investors and our commitment to the communities we serve,” said Newton Kershaw III, Principal and Co-Founder of Elm Grove Companies. “As we’ve grown, we’ve created jobs, delivered affordable housing, and built strong partnerships with towns and cities across the region. We’re equally proud of the charitable work we do through Elm Grove Cares, our nonprofit arm dedicated to helping children thrive.”
Recent milestones include the acquisition of affordable housing communities Wallace Farm Apartments in Londonderry, NH (168 units) and Country Brook Apartments in Rochester, NH (96 units), market rate community Highfield Commons in Rochester, NH (96 units), development of 126 Low Income Housing Tax Credit units in Salem, NH and Rochester, NH and third-party management of Tidewater Apartments in Salisbury, MA (210 units).
Looking ahead, Elm Grove has a backlog of over 500 apartments market rate and affordable housing units in the acquisition and development pipeline, positioning the company for continued growth while expanding housing access across the region.
About Elm Grove Companies
Elm Grove Companies is a vertically integrated real estate investment firm dedicated to building thriving, sustainable communities. With 2,000+ apartments, $450M+ AUM, and 85 employees, Elm Grove combines acquisitions, development, and property management expertise to deliver results for investors and lasting impact for communities. Learn more at www.elmgrovecompanies.com.
A detailed review that actually measures memory usage and startup time is more valuable than just listing features. This one goes into the specifics of how the assistant behaves under real conditions and compares it with similar open-source projects. That kind of context helps you understand whether the performance claims hold up. For a closer look at the benchmarks and overall assessment, the in-depth performance review is a good resource to consult before committing.
Base's growing DeFi scene brings both innovation and risk. Having a tool that understands this specific chain's token standards is a big plus. The page outlines how it identifies potential honeypots and other threats. If you're venturing into Base projects, this Base L2 token analysis can provide an extra layer of confidence before you invest.
Hou can I do to apply for apartment in nashua nh