HOUSTON, May 4, 2017 /PRNewswire/ -- EY today announced that Swapnil Agarwal, founder and CEO of Nitya Capital, is a finalist for the Entrepreneur Of The Year® 2017 Award in Gulf Coast Area. The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Agarwal was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on June 15, 2017 at the Marriott Marquis.
"To even be considered for a prestigious award like this is a great honor," Agarwal said. "The Nitya Capital team and investors have worked extremely hard in a short timeframe to build our company to what it is today. We are excited about the direction of our company and the EY award recognizes all the hard work and dedication you put into your team and career."
Agarwal's business, Nitya Capital, is a real estate firm that focuses on the acquisition and management of opportunistic and value-add multifamily properties. Since inception, Nitya Capital has acquired over 8,500 units throughout Texas and currently has $650 million in assets under management. The firm's leadership has decades of experience in global real estate investing and multi-sector investing through business cycles including recessionary environments. Nitya Capital has a targeted investment thesis and a proven track record of realized returns and strong performance as evidenced by significant revenue and NOI growth across its portfolio.
Now in its 31st year, the program has expanded to recognize business leaders in over 145 cities and more than 60 countries throughout the world.
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National competition. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 18, 2017. The awards are the culminating event of the Strategic Growth ForumTM, the nation's most prestigious gathering of high-growth, market-leading companies.
Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation.
In Gulf Coast Area, sponsors also include Colliers International, DLA Piper, ADP, SolomonEdwards, Chatham Financial, Pierpont Communications and Houston Business Journal.
About Nitya Capital
Nitya Capital is a privately held real estate investment firm that focuses on the acquisition and management of opportunistic and value-add multifamily properties. Since inception, Nitya has acquired over 8,500 units throughout Texas and currently has $650 million of assets under management. The firm's leadership has decades of experience in global real estate investing and multi-sector investing through business cycles including recessionary environments. Nitya has a targeted investment thesis and a proven track record of realized returns and strong performance as evidenced by significant revenue and NOI growth across our portfolio. For more information, visit www.nityacapital.com.
About Entrepreneur Of The Year®
Entrepreneur Of The Year®, founded by EY, is the world's most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in over 145 cities and more than 60 countries. ey.com/eoy
About EY's Growth Markets Network
EY's worldwide Growth Markets Network is dedicated to serving the changing needs of high-growth companies. For more than 30 years, we've helped many of the world's most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage, venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business succeed. For more information, please visit us at ey.com/sgm or follow news on Twitter @EY_Growth.
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This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US. For more information, please visit ey.com.
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