Rick Dryer.

• Position: Mile High Capital Group-growth and expansion - Advertisement

CEO

Mile High Capital Group

If you didn't know better, you might think that Rick Dryer, CEO of Mile High Capital Group had a crystal ball. An interim Census Bureau report released last spring listing the state's fastest growing areas reads like a road map of Mile High Capital Group's developments, including the northern towns of Johnston-Milliken, Firestone, and Brighton. A study of the state's boom areas reveals further Mile High home runs in Canon City, Pueblo West, several red-hot areas of Colorado Springs, and the new kid on the block, Mesa County. All areas are of recent extraordinary growth relative to their "base line" values and populations of only a year or two previous.

Under the steady direction of Rick Dryer, Mile High Capital Group has grown from its humble mountain-builder roots into a $150 million real estate legend in just five years. "I don't see how we are not going to hit three hundred million by the end of 2005," said Mile High's CFO, Alesia Martin, CPA. "We have got a tiger by the tail."

The amazing success of the company can be attributed to the thorough and methodical process for analysis that Mile High Capital Group employs for every project. "Following Mr. Dryer's instructions, our assembly of statistical data in every area prior to even considering making an offer to purchase makes what I have seen in the past look silly, and I have worked for some of the best" states Barbara Swindlehurst, President of Mile High Income Properties, Inc., which exclusively represents MHCG on land acquisitions. "It's a pleasure to work for a company that is as diligent and precise in its execution and analysis as ours," said Tom Vickery, head of land planning. "I have been in this business for thirty years and I've never seen anything like it."

Mile High Capital Group believes that demographics drive real estate values more than any other factor, and it is proportionate change that brings good returns, so Dryer and his team look for areas of demographic growth. They acquire land just outside the existing growth circle, buying for current value, knowing it will sky rocket when the population oozes in the right direction. Mile High's accurate predictions have allowed it to position itself by tying up land and starting the entitlement process of rezoning for its powerhouse rental product, its...