The mission of Watt Advisors is to make investments in commercial and residential real estate projects as well as other type of investments in companies related to this industry. We will not be a passive investor but in addition to our capital, we will lend our vast real estate experience, developed over 60 years, to provide management expertise, coupled with the energy and entrepreneur spirit of external partners, to achieve the highest and best investment returns.
Some recent examples of investments are:
- Purchasing, entitling and developing the infrastructure for a 74 acre mixed use project in Denver, Colorado. We did not have outside partners on this project but collaborated closely with another Watt Division.
- Developing a 147,000 sq.ft., outlet shopping center in Maui, only the second such center in the state of Hawaii. We have outside partners who provide development and leasing expertise for this project.
- We have provided capital to two startup companies who in turn buy, refurbish and sell single family residences. Each has their own management and outside partners.
- Provided bridge financing in the form of a loan to an owner of a 432 acre property zoned for 1500 units and 270,000 square feet of retail located in Prince George County, Maryland. The purpose of the loan was to give the owner and his partner time to entitle the property for development.
The head of the division was formerly the President / CEO of Watt Companies and has been with the company for 29 years. This group believes strongly in conducting business with the Watt values of integrity, trust, respect for others and building lasting relationships.