Artificial Intelligence
Builders Company
Developers/Watt Companies
WC
Watt CompaniesSanta Monica, United States · founded 1947 · 0 active markets
PRIVATE

Watt develops homes, multifamily housing, offices, retail centers, hotels, and mixed-use communities across Western U.S. markets, historically serving returning veterans and now serving homebuyers, renters, investors, partners, and commercial customers through development, ownership, management, and diversified services in practice today.

Years in business
79
founded 1947
LinkedIn headcount
39
employees, as shown on LinkedIn · size band 11–50
Portfolio value
USD 1 billion portfolio value
January 8, 2020
Units delivered
100,000 family homes
as the company states it
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
WATT COMPANIES INC.1
Headquarters
2716 Ocean Park Boulevard1, Santa Monica1, United States
Founded
19471
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1
Markets
1 market listed
What they build
Residential, for rent (6 of 7) · Mixed use (1 of 7) · Retail (1 of 7)
Full dossier in About →

Delivery record

3 date-assessed of 7 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
7
within the rolling ten-year window
Median delay
+4.5 mo
the middle of 3 scored projects
Average delay
+3.5 mo
the same projects, pulled by the worst
Average time to deliver
2.4 yrs
start to completion, over 3 delivered projects
Worst slip
+6.5 mo
The Zeller · +1.0 to +12.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

3 date-assessed here · 245 developers, 919 date-assessed projects in United States
Median delay
Watt Companies·245 developers in United States
+4.5 mo vs +4.5 mo
this developer is level
The typical project on each side.
Average delay
Watt Companies·245 developers in United States
+3.5 mo vs +7.5 mo
this developer 4.0 mo better
Both pulled by their worst few.
On time
Watt Companies·245 developers in United States
67% vs 55%
this developer 12 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Watt Companies·245 developers in United States
2.4 yrs vs 2.9 yrs
this developer 0.5 yrs faster
Start to completion, over 3 delivered here and 758 in the market.
Projects and timelines in Track Record →

Resident experience

7 of 7 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.3/ 10
Weighted judgment across build and operations · from 7 of 7 rated buildings
Structure & systems
6.9/ 10
Fabric, services, waterproofing, envelope · from 5 of 7 rated buildings
Management & living
7.5/ 10
Upkeep, response times, amenities, community · from 7 of 7 rated buildings

Against other developers

7 rated here · 265 developers, 1363 rated buildings in United States
Overall rating
Watt Companies · 265 other developers in United States
7.3 vs 7.8
this developer 0.5 worse
The weighted verdict on each side. From 7 of 7 rated buildings here and 1363 in the market.
Structure & systems
Watt Companies · 265 other developers in United States
6.9 vs 6.9
this developer is level
Fabric and engineering only — fixed at handover. From 5 of 7 rated buildings here and 573 in the market.
Management & living
Watt Companies · 265 other developers in United States
7.5 vs 7.4
this developer 0.1 better
Upkeep and response — belongs to whoever runs the building now. From 7 of 7 rated buildings here and 1310 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • PROJECT CANCELLED Sale closed in late September 2018; reported October 16, 2018 (updated October 18, 2018). Watt Companies sold the Santa Monica development site through subsidiary Watt Investment Partners before construction began, ending Watt’s proposed office-and-retail mixed-use project; the buyer, Friedkin Group, said it would carry forward revised plans. The sale and change in project sponsor were reported without evidence of wrongdoing by Watt.
  • PROJECT CANCELLED 2018-09-2018-10 (sale reported October 16, 2018; project plans originated in 2017) Watt Companies, through subsidiary Watt Investment Partners, abandoned its planned Santa Monica mixed-use office/retail complex at 1550 Euclid Street and 1205 Colorado Avenue when it sold the development site in September 2018 before the announced groundbreaking; the buyer said it would carry through with the plans, so this is not evidence that the successor project failed.
  • DELIVERY DELAY 2019-02 promise; delay reported June 25, 2020; subsequent first move-ins reported May 2, 2021 Watt Communities’ Mitchell Farms housing development in Citrus Heights was reported as missing its promised early-2020 first-home delivery, with construction absent for months after Watt sold the project to KB Home; first residents were ultimately expected to move into the renamed Mitchell Village in May 2021, making this a historical delay and developer transition rather than a current Watt project failure.
  • 1 more in Risk & Sources
Record status
active
Company sources
100 source entries across 100 fields
Projects tracked
7 · 7 completed in assessment
All flags and sources →

Track Record

Delivery record

3 date-assessed of 7 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
7
within the rolling ten-year window
Median delay
+4.5 mo
the middle of 3 scored projects
Average delay
+3.5 mo
the same projects, pulled by the worst
Average time to deliver
2.4 yrs
start to completion, over 3 delivered projects
Worst slip
+6.5 mo
The Zeller · +1.0 to +12.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

3 date-assessed here · 245 developers, 919 date-assessed projects in United States
Median delay
Watt Companies·245 developers in United States
+4.5 mo vs +4.5 mo
this developer is level
The typical project on each side.
Average delay
Watt Companies·245 developers in United States
+3.5 mo vs +7.5 mo
this developer 4.0 mo better
Both pulled by their worst few.
On time
Watt Companies·245 developers in United States
67% vs 55%
this developer 12 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Watt Companies·245 developers in United States
2.4 yrs vs 2.9 yrs
this developer 0.5 yrs faster
Start to completion, over 3 delivered here and 758 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

7 of 7 projects dated · 4 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Salt Lake City, United States
Las Vegas, United States
Los Angeles, United States
Phoenix, United States
201620172018201920202021202220232024202520262027todaySALT LAKE CITY, UNITED STATEScompleted, no target publishedcompleted, no target published+6.5 moverifiedLAS VEGAS, UNITED STATEScompleted, no target published+4.5 moverifiedLOS ANGELES, UNITED STATEScompleted, no target publishedPHOENIX, UNITED STATES−0.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date.

Building & Livability Ratings

Resident experience

7 of 7 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.3/ 10
Weighted judgment across build and operations · from 7 of 7 rated buildings
Structure & systems
6.9/ 10
Fabric, services, waterproofing, envelope · from 5 of 7 rated buildings
Management & living
7.5/ 10
Upkeep, response times, amenities, community · from 7 of 7 rated buildings

Against other developers

7 rated here · 265 developers, 1363 rated buildings in United States
Overall rating
Watt Companies · 265 other developers in United States
7.3 vs 7.8
this developer 0.5 worse
The weighted verdict on each side. From 7 of 7 rated buildings here and 1363 in the market.
Structure & systems
Watt Companies · 265 other developers in United States
6.9 vs 6.9
this developer is level
Fabric and engineering only — fixed at handover. From 5 of 7 rated buildings here and 573 in the market.
Management & living
Watt Companies · 265 other developers in United States
7.5 vs 7.4
this developer 0.1 better
Upkeep and response — belongs to whoever runs the building now. From 7 of 7 rated buildings here and 1310 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

7 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
ZephyrWarehouse District, Salt Lake City138 units
9.6/ 10
9.2/ 10
9.7/ 10

The 4.9/5 building rating from 36 reviews sets the level; under the stated conversion curve it converts to approximately 9.7/10. The reported reviews are strongly positive on management, maintenance, cleanliness and amenities, while two reviews raise acoustic/noise concerns, so the final overall score is 9.6 rather than the unadjusted anchor.

+ Newly built+ Clean building+ Well-maintained amenities+ High-quality finishes+ Same-day maintenance response
− Sound carries through floors/walls− Occasional parking-lift inconvenience
+ Responsive management+ Helpful maintenance staff+ Friendly leasing team+ Strong amenity experience+ Walkable downtown location
− One report of rude leasing service− Noise from neighbours and surrounding area− Parking and garage friction

Residents describe Zephyr as “clean, newly built” with “fantastic and well maintained” amenities, and one reviewer praised “top tier” finishes. The main physical complaint was acoustic: “Floors are not the highest quality, so sound is easily heard,” while another review said the walls can be thin; parking-lift problems were described as minor and resolved quickly.

The dominant operational feedback is positive: residents say staff are “kind, welcoming, and accommodating,” and that maintenance requests were handled “same day.” There is also contrary feedback: one reviewer wrote “Rude Service!!!,” while another described ongoing night-time noise and said management did not resolve repeated complaints; these are isolated or limited reports rather than a repeated management theme in the material read.

Watt Plaza lobby transformationCentury City, Los Angeles
8.5/ 10
—/ 10
8.5/ 10

The 4.5/5 Google aggregate based on 63 reviews is the anchor and converts to 8.5/10 under the specified curve. The visible individual comments include both cleanliness praise and isolated access/security complaints, but no recurring qualifying theme was established, so the anchor is not adjusted; structural scoring remains unevidenced as a separate resident-quality score.

+ Expanded 17,000-square-foot lobby+ Energy-efficient glass and LED lighting+ Low-flow fixtures+ New skylights and courtyard opening+ LEED Platinum-certified high-rise
+ Very clean facility reported+ Retail stores and spaces+ Comfortable lounge areas+ Conference center and catering facilities+ Courtyard with communal seating and firepits
− Reported rude security interaction− Difficult pedestrian access reported

Published project material describes a completed 17,000-square-foot lobby with high-end stone finishes, new skylights, energy-efficient glass, LED lighting and low-flow fixtures; it also identifies Watt Plaza as a LEED Platinum-certified high-rise. No reviewed source reported leaks, flooding, structural damage, HVAC failure, plumbing problems or lift failures; the available user review instead described the facility as “very clean.”

The published review record is favorable overall at 4.5/5, and one visible reviewer called the facility “very clean” with “many retail stores and spaces available.” The main operational criticisms were that there was “No way to walk in” without using the car ramp and that a security interaction involved a “rude, unpleasant” staff member; these are individual reports, not recurring themes in the material reviewed.

Harvest at MarmaladeSalt Lake City252 units
7.3/ 10
5.8/ 10
7.8/ 10

Birdeye’s 4.1/5 from 113 resident reviews is the anchor and converts to approximately 7.3/10 under the stated curve. The score remains broadly positive because multiple reviews praise management, cleanliness and amenities, while recurring noise and construction-quality complaints justify a modest downward commentary adjustment. ApartmentRatings’ 2.8/5 is materially lower but rests on only one review and therefore cannot be a scoring anchor or formal dissent under the ten-review rule.

+ Modern architecture and interiors+ Well-maintained property+ Quiet interiors reported by one reviewer
− Weak sound insulation− Loud HVAC/AC reported− Vibrating floors reported− Construction/finish defects− Cracking pipes reported
+ Responsive management+ Friendly staff+ Clean common areas+ Resident events+ Pool, gym and social amenities
− Amenity-service delays− Extra-fee complaints− Reported pest response failure− Reported common-area cleaning concerns− Limited enclosed guest area

Structural feedback is mixed. Positive reviews describe the building as “well maintained” and one resident found it “surprisingly quiet,” but other residents reported that “floors vibrate like trampolines,” AC units are “outrageously loud,” and they could hear “everything” their neighbors did; another reported recurring pipe cracking and a closet door that repeatedly fell.

Day-to-day reviews are mostly favorable: residents describe staff as “friendly and helpful,” maintenance as quick, and the community as clean, safe and welcoming; the official review page also says the Kairoi team is “kind, welcoming, and helpful.” Counterevidence includes complaints about delayed Wi-Fi/TV services, costly extra fees, poor response to ants and deposit questions, and dusty common recreation areas.

South BeachLas Vegas220 units
6.9/ 10
6.8/ 10
6.9/ 10

Google's 4.2/5 from 345 reviews is the largest eligible review base and converts to an anchor of approximately 7.6/10. Yelp provides material lower-rated dissent, while the written feedback adds reported security, noise, pest, amenity-closure and management problems; recurring praise for maintenance and staff offsets part of that downward movement. The resulting overall resident-experience score is 6.9/10, with structure and living shown separately because both have published review evidence.

+ Fast maintenance response+ Professional maintenance staff+ Clean grounds+ Well-maintained facilities+ Reported HVAC, plumbing and electrical capability
− Thin walls− German cockroach report− Doors needing rework− Paint and finish wear− Amenity-area mess reported
+ Responsive maintenance team+ Friendly staff+ Resident events+ Good gym and pool+ Peaceful community reported
− Security concerns− Noise complaints− Pest complaint− Pool-area closure− Difficult-to-find security contact

Residents frequently praised maintenance speed and competence; one review says Charles handles “HVAC and plumbing to electrical work” with “incredible attention to detail,” and another says a toilet leak was fixed quickly. Countervailing physical-condition comments describe a need for “a paint job,” reworking apartment-access doors, messy amenity rooms and thin walls; these are resident reports rather than an engineering inspection.

Day-to-day feedback is polarized. Positive reviews call the staff “super on top of everything,” praise quick service requests and resident events, while negative reviews report fights, late-night noise, a German-cockroach problem and management allegedly telling a dissatisfied resident to “just close the contract”; the official resident-review page also records that the pool area was closed for construction and that security contact information was difficult to find.

The ZellerSalt Lake City292 units
6.7/ 10
—/ 10
6.7/ 10

Birdeye’s 4.0/5 rating from 337 reviews supplies the largest review base and converts to a 7.0 anchor. The score is moderated by serious reported security and systems problems plus recurring noise, trash and move-out-management complaints, while repeated praise for staff, maintenance, amenities and location limits the reduction; the evidence is current enough to show mixed experience, but some negative infrastructure reports are older and their present status is uncertain.

+ Modern, well-maintained apartments reported+ Fast shower-work-order response+ New-feeling gym and pool
− Thin walls and ceilings− Water-heating and pressure complaints− Loud AC and heating− Reported power outages− Fire-alarm concerns
+ Responsive leasing staff+ Fast maintenance+ Gym and pool praised+ Rooftop lounge praised+ Convenient TRAX location
− Security and theft concerns− Move-out fee disputes− Trash-room overflow− Noise from parties and neighbors− Missing packages reported

Structural feedback is mixed rather than uniformly negative. One long-term resident reported “paper thin walls,” water-heating and pressure problems, AC/heater noise, fire-alarm issues and “constant power outages,” while other residents called the apartments “modern, spacious, and well-maintained” and said shower maintenance was quick and professional.

Residents commonly praise the staff, maintenance and amenity package: one said the team was “super cooperative,” while another called the gym and pool new-feeling and the community clean. The negative record includes “constant security issues,” confusing post-move-out charges, missing packages, overflowing dumpsters and party noise; the newest available evidence is mixed, so older complaints should not be treated as proof that every issue remains current.

Tuscan HighlandsLas Vegas304 units
6.7/ 10
6.5/ 10
ApartmentRatings 3.8/5, 3.6/5 · 13 reviews · apartmentratings.com
Apartments.com 4/5 · 4 reviews · apartments.com
Combined from 3 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.5.
6.0/ 10
ApartmentRatings 3.6/5, 3/5, 3.7/5, 3.9/5 · 13 reviews · apartmentratings.com
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.

Google Reviews/Maps supplies the largest published review base and sets the level at 4/5, converted to 7/10. The smaller ApartmentRatings aggregate is materially lower, but its 21-review base is not used to replace the anchor; recurring operational and upkeep complaints reduce the level modestly, while repeated praise for the amenities, grounds and some staff partially offsets them.

+ Attractive landscaping+ Quiet units reported+ Large gym and resort-style amenities
− Maintenance rated average− Pool and common-area upkeep complaints− Repair quality concerns− Pest reports− Water-quality complaint
+ Resort-style pool and grounds+ Large gym+ Friendly staff reported+ Quiet community+ On-site restaurant and events
− Unresponsive management reported− Amenities/services reduced− Access gates and door keypads problematic− Noise and package-theft complaints− Value concerns

Physical-condition feedback is mixed rather than uniformly negative. ApartmentRatings publishes 3.6/5 for maintenance and 3.8/5 for grounds; written reviews include “something is always broken,” a pool reported broken, dirty pools, poor repair quality, mold in a washer, and a complaint that the water was “absolutely disgusting,” while other residents describe the property as beautiful and quiet.

Residents describe a strong amenity package—“pool area is like a resort,” a large gym, restaurant and events—and some call staff “wonderful” and responsive. However, other reviews report that management is “rude and non-responsive,” amenities changed for the worse, gates were stuck open, packages were stolen, and the lifestyle fee remained despite reduced offerings.

View 32Phoenix135 units
5.5/ 10
6.4/ 10
Wheree 7.5/10 · no review count · view-32-apartments.wheree.com
Wheree publishes 7.5/10 with no review count. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 6.4.
6.7/ 10
Wheree 7/10, 8.9/10, 8.2/10, 9/10, 8/10, 6.8/10 · no review count · view-32-apartments.wheree.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.7.

ApartmentRatings’ 2.1/5 from five reviews is the largest explicitly stated review base, but it is below the ten-review threshold, so the score is pulled toward 6.5 and kept within one point of it. Wheree’s 7.9/10 aggregate and positive operational commentary provide dissenting context but no review count; recurring complaints and praise move the result modestly, with structure scored only from the limited construction/facility evidence.

+ Modern interiors+ Spacious layouts+ Abundant natural light
− Elevator issues− Hot-tub/facility outages
+ Attentive staff+ Responsive maintenance+ Well-kept pool and grounds+ Clean gym facilities+ Mountain views
− Administrative delays− Maintenance responsiveness concerns− Elevator issues− Safety concerns nearby− Perceived overcharging

Wheree publishes a 7.5/10 construction-quality sub-score, but its review synthesis says there were no specific comments about construction quality. The same source reports recurring issues involving elevators and hot tubs, while the positive resident feedback emphasizes spacious layouts and bright interiors rather than core structural systems.

Published review synthesis praises “friendly, helpful management,” responsive maintenance, clean pool and gym facilities, and a community atmosphere. It also reports administrative delays, occasional maintenance problems, broken elevators or outdoor features, and residents’ concerns that rent and amenity charges are too high; the accessible excerpt specifically praises staff who are “on top of it with smiles and ability.”

Only buildings that have reached handover are rated. 0 of 7 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
WATT COMPANIES INC.
Headquarters
2716 Ocean Park Boulevard, Santa Monica, United States
90405
Founded
1947
Entity type
PRIVATE
Revenue
USD 160 million annual revenue
March 22, 2020
Business model
offplan for sale, commercial, mixed use, masterplan

Offices

head office and 1 other
Los Angeles

Sources: office cities

SOCIALdate not shown in source

WATT COMPANIES INC.

LinkedIn
Headquartered in Los Angeles, California, United States, with an office in Santa Monica.
value seen: Los Angeles
https://www.linkedin.com/company/watt-companies-inc.

Partners

10 partners
Boise Cascade
joint venture

Cascade acquires 50% of Watt’s assets and begins operating under the name Boise Cascade Building Company.

Goldman Sachs’ Whitehall fund
joint venture

Watt enters into a JV with Goldman Sachs’ Whitehall fund, forming Watt Residential Partners.

Residential Funding Corp. (RFC)
joint venture

Watt and RFC then enter into a JV owning WL Homes.

Emaar Properties
partner

WL Homes is sold to Dubai-based Emaar Properties for over $1 Billion.

Centro Properties Group
joint venture

Watt enters in a JV with Centro Properties Group, known as Centro Watt.

Los Angeles County Metro
government partner

Watt is partnering with LA County Metro to develop a 400-unit transit-oriented housing development.

United Way of Greater Los Angeles
partner

the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.

Home for Good Funders Collaborative
funder

the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.

Shulman Properties
joint venture

These projects are joint ventures with Shulman Properties and Mountain Pacific.

Mountain Pacific
joint venture

These projects are joint ventures with Shulman Properties and Mountain Pacific.

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Cascade acquires 50% of Watt’s assets and begins operating under the name Boise Cascade Building Company.
value seen: Boise Cascade
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Cascade acquires 50% of Watt’s assets and begins operating under the name Boise Cascade Building Company.
value seen: Cascade acquires 50% of Watt’s assets and begins operating under the name Boise Cascade Building Company.
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Watt enters into a JV with Goldman Sachs’ Whitehall fund, forming Watt Residential Partners.
value seen: Goldman Sachs’ Whitehall fund
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Watt enters into a JV with Goldman Sachs’ Whitehall fund, forming Watt Residential Partners.
value seen: Watt enters into a JV with Goldman Sachs’ Whitehall fund, forming Watt Residential Partners.
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Watt and RFC then enter into a JV owning WL Homes.
value seen: Residential Funding Corp. (RFC)
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Watt and RFC then enter into a JV owning WL Homes.
value seen: Watt and RFC then enter into a JV owning WL Homes.
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
WL Homes is sold to Dubai-based Emaar Properties for over $1 Billion.
value seen: Emaar Properties
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
WL Homes is sold to Dubai-based Emaar Properties for over $1 Billion.
value seen: WL Homes is sold to Dubai-based Emaar Properties for over $1 Billion.
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Watt enters in a JV with Centro Properties Group, known as Centro Watt.
value seen: Centro Properties Group
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
Watt enters in a JV with Centro Properties Group, known as Centro Watt.
value seen: Watt enters in a JV with Centro Properties Group, known as Centro Watt.
value paraphrased from this source
https://www.wattcapdev.com/about-history/history-2/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by housinginnovation.co
Watt is partnering with LA County Metro to develop a 400-unit transit-oriented housing development.
value seen: Los Angeles County Metro
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://housinginnovation.co/collaborative/watt/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by housinginnovation.co
Watt is partnering with LA County Metro to develop a 400-unit transit-oriented housing development.
value seen: Watt is partnering with LA County Metro to develop a 400-unit transit-oriented housing development.
value paraphrased from this source
https://housinginnovation.co/collaborative/watt/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by housinginnovation.co
the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.
value seen: United Way of Greater Los Angeles
value paraphrased from this source
https://housinginnovation.co/collaborative/watt/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by housinginnovation.co
the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.
value seen: the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.
value paraphrased from this source
https://housinginnovation.co/collaborative/watt/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by housinginnovation.co
the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.
value seen: Home for Good Funders Collaborative
value paraphrased from this source
https://housinginnovation.co/collaborative/watt/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by housinginnovation.co
the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.
value seen: the Watt family partnered with United Way of Greater Los Angeles and the Home for Good Funders Collaborative... to launch the LA Homelessness Challenge.
value paraphrased from this source
https://housinginnovation.co/collaborative/watt/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
These projects are joint ventures with Shulman Properties and Mountain Pacific.
value seen: Shulman Properties
value paraphrased from this source
https://www.wattcapdev.com/transactions/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
These projects are joint ventures with Shulman Properties and Mountain Pacific.
value seen: These projects are joint ventures with Shulman Properties and Mountain Pacific.
value paraphrased from this source
https://www.wattcapdev.com/transactions/

Sources: name

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
These projects are joint ventures with Shulman Properties and Mountain Pacific.
value seen: Mountain Pacific
value paraphrased from this source
https://www.wattcapdev.com/transactions/

Sources: summary

COMPANYdate not shown in source

History / Transactions / Watt Companies

Watt Companies / Watt Capital Developers · carried by wattcapdev.com
These projects are joint ventures with Shulman Properties and Mountain Pacific.
value seen: These projects are joint ventures with Shulman Properties and Mountain Pacific.
value paraphrased from this source
https://www.wattcapdev.com/transactions/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesunknown 7 projects tracked

What they build

4 types
Residential, for rent6 of 7
Mixed use1 of 7
Retail1 of 7
Office1 of 7
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
RW
Ray Watt
Ray Watt is identified as a co-owner and board member of Watt Capital Partners; the company says he has developed and managed rental properties in Nashville since 2003.
Current title
Board Member; co-owner of Watt Capital Partners
since Since 2003
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Co-ownerBoard Member

Sources: since

COMPANYdate not shown in source

Ray Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Since 2003, Ray has been developing and managing rental properties in Nashville, TN.
value seen: Since 2003
https://www.wattcap.com/about/team/ray-watt/

Sources: summary

COMPANYdate not shown in source

Ray Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Ray Watt is a co-owner of Watt Capital Partners and serves as a board member. Since 2003, Ray has been developing and managing rental properties in Nashville, TN.
value seen: Ray Watt is identified as a co-owner and board member of Watt Capital Partners; the company says he has developed and managed rental properties in Nashville since 2003.
value paraphrased from this source
https://www.wattcap.com/about/team/ray-watt/

Sources: title

COMPANYdate not shown in source

Ray Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Ray Watt is a co-owner of Watt Capital Partners and serves as a board member.
value seen: Board Member; co-owner of Watt Capital Partners
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/ray-watt/
JS
J. Scott Watt
J. Scott Watt chairs Watt Companies and leads Watt Capital Developers. His documented record includes Scottfield Building Corporation, W & B Builders and John Laing Homes, with residential and commercial development experience.
Current title
Chairman of Watt Companies; Board Member; CEO of Watt Capital Developers
since 2009
Experience
50+ years real estate
Companies before
Scottfield Building CorporationW & B BuildersJohn Laing Homes
Education
University of Southern California
University of MiamiMaster’s Degree in Education, with an emphasis in counseling
Other boards
USC Associates Board of DirectorsUSC Lusk Center for Real Estate Executive CommitteeUSC School of Business Advisory BoardUSC Alumni Executive Board of GovernorsUnion Rescue Mission
Known for
Chairmanex-John Laing Homes
https://linkedin.com/in/scott-watt-68a91912
I grew up in South California working for my dad, who was a real estate developer. University of Miami 2021-06-16https://sites.education.miami.edu/perspective/2021/06/16/j-scott-watt-a-transformative-experience/

Sources: institution

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Scott is a graduate of the University of Southern California
value seen: University of Southern California
https://www.wattcap.com/about/team/scott-watt/

Sources: degree

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
holds a Master’s Degree in Education, with an emphasis in counseling, from the University of Miami
value seen: Master’s Degree in Education, with an emphasis in counseling
https://www.wattcap.com/about/team/scott-watt/

Sources: institution

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
holds a Master’s Degree in Education, with an emphasis in counseling, from the University of Miami
value seen: University of Miami
https://www.wattcap.com/about/team/scott-watt/

Sources: linkedin page

SOCIAL2026-09-30

Scott Watt

LinkedIn
Chairman - Watt Companies (Current)
value seen: https://linkedin.com/in/scott-watt-68a91912
https://linkedin.com/in/scott-watt-68a91912

Sources: other boards

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
He is currently a member of the University of Southern California (USC) Associates Board of Directors, the USC Lusk Center for Real Estate Executive Committee, the USC School of Business Advisory Board and a member of the USC Alumni Executive Board of Governors.
value seen: USC Associates Board of Directors,USC Lusk Center for Real Estate Executive Committee,USC School of Business Advisory Board,USC Alumni Executive Board of Governors,Union Rescue Mission
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/scott-watt/

Sources: previous companies

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Prior to joining, Scott founded and led Scottfield Building Corporation
value seen: Scottfield Building Corporation
https://www.wattcap.com/about/team/scott-watt/

Sources: previous companies

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
In 1986, he became President of W & B Builders
value seen: W & B Builders
https://www.wattcap.com/about/team/scott-watt/

Sources: previous companies

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
From 1998 to 2006, Scott was a partner in the award-winning John Laing Homes
value seen: John Laing Homes
https://www.wattcap.com/about/team/scott-watt/

Sources: quote

PRESS2021-06-16

J. Scott Watt: A Transformative Experience – Perspective

University of Miami
“I grew up in South California working for my dad, who was a real estate developer,” said Watt, who is chairman of Watt Companies, Inc.
value seen: I grew up in South California working for my dad, who was a real estate developer.
https://sites.education.miami.edu/perspective/2021/06/16/j-scott-watt-a-transformative-experience/

Sources: since

PRESS2021-06-16

J. Scott Watt: A Transformative Experience – Perspective

University of Miami
Scott Watt became chairman in 2009 and has continued to grow the company’s real estate portfolio.
value seen: 2009
https://sites.education.miami.edu/perspective/2021/06/16/j-scott-watt-a-transformative-experience/

Sources: summary

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Scott took over as Chairman of Watt Companies in 2009 and has successfully engineered the transition from Founder to 2nd generation.
value seen: J. Scott Watt chairs Watt Companies and leads Watt Capital Developers. His documented record includes Scottfield Building Corporation, W & B Builders and John Laing Homes, with residential and commercial development experience.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.wattcap.com/about/team/scott-watt/

Sources: title

COMPANYdate not shown in source

J. Scott Watt | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Scott took over as Chairman of Watt Companies in 2009
value seen: Chairman of Watt Companies; Board Member; CEO of Watt Capital Developers
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/scott-watt/
NW
Nadine Watt
Nadine Watt leads Watt Companies and oversees commercial acquisitions, development, asset management, strategy and day-to-day operations. Her track record includes the company’s strategic shift toward acquisitions and development and the repositioning of Watt Plaza.
Current title
CEO of Watt Companies; CEO of Watt Capital Partners
since January 1, 2020
Experience
25+ years real estate
Companies before
none sourced
Education
Georgetown University School of Foreign Service
University of Southern California School of Cinematic ArtsMaster of Arts
Other boards
University of Southern California Board of TrusteesKennedy Wilson Board of DirectorsVisionary Women Board of Directors
Known for
CEOThird generation
https://linkedin.com/in/nadine-watt
Moving forward, Watt will continue its legacy of world-class real estate services while at the same time remaining nimble and evolving with the market. Watt Capital Partners 2020-01-08https://www.wattcap.com/press/nadine-watt-named-ceo-of-watt-companies/

Sources: institution

PRESS2024-06-05

L.A. business leader Nadine Watt named to USC Board of Trustees

USC
she instead earned a bachelor’s degree at the Georgetown University School of Foreign Service
value seen: Georgetown University School of Foreign Service
https://today.usc.edu/los-angeles-business-leader-nadine-watt-named-to-usc-board-of-trustees/

Sources: degree

PRESS2024-06-05

L.A. business leader Nadine Watt named to USC Board of Trustees

USC
earned a master’s degree in filmmaking from the USC School of Cinematic Arts in 1994
value seen: Master of Arts
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://today.usc.edu/los-angeles-business-leader-nadine-watt-named-to-usc-board-of-trustees/

Sources: institution

PRESS2024-06-05

L.A. business leader Nadine Watt named to USC Board of Trustees

USC
earned a master’s degree in filmmaking from the USC School of Cinematic Arts in 1994
value seen: University of Southern California School of Cinematic Arts
held out of the figures · the quote does not carry this value
https://today.usc.edu/los-angeles-business-leader-nadine-watt-named-to-usc-board-of-trustees/

Sources: linkedin page

SOCIAL2026-10-08

Nadine Watt

LinkedIn
CEO at Watt Companies (Current) Jan 2020 - Present
value seen: https://linkedin.com/in/nadine-watt
https://linkedin.com/in/nadine-watt

Sources: other boards

COMPANYdate not shown in source

Team | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
She is currently a Board Member of Kennedy Wilson (KW). She is also a Board Member of Visionary Women
value seen: University of Southern California Board of Trustees,Kennedy Wilson Board of Directors,Visionary Women Board of Directors
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/nadine-watt/

Sources: quote

PRESS2020-01-08

Nadine Watt Takes Over As CEO Of Watt Cos.

Bisnow
I want to do well while doing good.
value seen: I want to do well while doing good.
https://www.bisnow.com/news/los-angeles/commercial-real-estate/nadine-watt-takes-over-as-ceo-of-watt-cos-102422

Sources: quote

COMPANY2020-01-08

Nadine Watt Named CEO of Watt Companies

Watt Capital Partners · carried by wattcap.com
“Moving forward, Watt will continue its legacy of world-class real estate services while at the same time remaining nimble and evolving with the market.”
value seen: Moving forward, Watt will continue its legacy of world-class real estate services while at the same time remaining nimble and evolving with the market.
https://www.wattcap.com/press/nadine-watt-named-ceo-of-watt-companies/

Sources: since

COMPANY2020-01-08

Nadine Watt Named CEO of Watt Companies

Watt Capital Partners · carried by wattcap.com
The appointment became effective January 1, following approval from the Watt Board of Directors.
value seen: January 1, 2020
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.wattcap.com/press/nadine-watt-named-ceo-of-watt-companies/

Sources: summary

PRESS2024-06-05

L.A. business leader Nadine Watt named to USC Board of Trustees

USC
As CEO, Watt oversees the company’s day-to-day activities and strategic planning for all commercial investment activities.
value seen: Nadine Watt leads Watt Companies and oversees commercial acquisitions, development, asset management, strategy and day-to-day operations. Her track record includes the company’s strategic shift toward acquisitions and development and the repositioning of Watt Plaza.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://today.usc.edu/los-angeles-business-leader-nadine-watt-named-to-usc-board-of-trustees/

Sources: title

COMPANY2020-01-08

Nadine Watt Named CEO of Watt Companies

Watt Capital Partners · carried by wattcap.com
appointed Nadine Watt to the role of CEO.
value seen: CEO of Watt Companies; CEO of Watt Capital Partners
held out of the figures · the quote does not carry this value
https://www.wattcap.com/press/nadine-watt-named-ceo-of-watt-companies/
BM
Brian M. Jones
Brian M. Jones is documented as a Watt Companies board member and board adviser. His independent profile describes three decades at Forest City Enterprises and senior oversight of major commercial developments.
Current title
Board Member of Watt Companies; member of The Watt Companies Board of Advisors
Experience
no career length stated
Companies before
Forest City EnterprisesBovis Ltd.
Education
not published
Other boards
USC Lusk Center for Real Estate advisory boardUrban Land Institute Los Angeles District Council Board of Advisors
Known for
Board Memberex-Forest City Enterprises

Sources: summary

COMPANYdate not shown in source

Leadership — adept

Adept Urban
Jones also is a member of The Watt Companies Board of Advisors.
value seen: Brian M. Jones is documented as a Watt Companies board member and board adviser. His independent profile describes three decades at Forest City Enterprises and senior oversight of major commercial developments.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.adepturban.com/leadership

Sources: title

COMPANY2020-01-08

Nadine Watt Named CEO of Watt Companies

Watt Capital Partners · carried by wattcap.com
said Brian Jones, Board Member of Watt Companies.
value seen: Board Member of Watt Companies; member of The Watt Companies Board of Advisors
held out of the figures · the quote does not carry this value
https://www.wattcap.com/press/nadine-watt-named-ceo-of-watt-companies/
RG
Ross Gerber
Ross Gerber is listed as a Watt Capital Partners board member and separately runs Gerber Kawasaki as co-founder, president and CEO, overseeing its corporate and investment-management operations.
Current title
Board Member of Watt Capital Partners; Co-Founder, President and CEO of Gerber Kawasaki Wealth and Investment Management
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board MemberCo-FounderCEO, Gerber Kawasaki

Sources: summary

COMPANYdate not shown in source

Ross Gerber | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
Ross is the Co-Founder, President and CEO of Gerber Kawasaki Wealth and Investment Management.
value seen: Ross Gerber is listed as a Watt Capital Partners board member and separately runs Gerber Kawasaki as co-founder, president and CEO, overseeing its corporate and investment-management operations.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.wattcap.com/about/team/ross-gerber/

Sources: title

COMPANYdate not shown in source

Ross Gerber | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
## Ross Gerber Board Member
value seen: Board Member of Watt Capital Partners; Co-Founder, President and CEO of Gerber Kawasaki Wealth and Investment Management
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/ross-gerber/
DS
David Shlecter
David Shlecter is the senior investment executive responsible for Watt Capital Partners’ investment strategy and business-plan execution. He joined Watt Companies in 2016 after real-estate tax work as a CPA and has acquisition, financing and development experience.
Current title
Senior Vice President of Watt Capital Partners
since 2016
Experience
no career length stated
Companies before
none sourced
Education
University of Michigan Ross School of BusinessMaster of Accounting
University of MichiganBachelor of Arts in Economics
Other boards
none sourced
Known for
Senior Vice PresidentCPAReal-estate finance
https://www.linkedin.com/in/david-shlecter-73b0b334/

Sources: degree

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
David graduated with a Masters of Accounting from the Ross School of Business
value seen: Master of Accounting
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/david-shlecter/

Sources: institution

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
David graduated with a Masters of Accounting from the Ross School of Business
value seen: University of Michigan Ross School of Business
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/david-shlecter/

Sources: degree

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
a Bachelor of the Arts in Economics from the University of Michigan
value seen: Bachelor of Arts in Economics
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/david-shlecter/

Sources: institution

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
a Bachelor of the Arts in Economics from the University of Michigan
value seen: University of Michigan
https://www.wattcap.com/about/team/david-shlecter/

Sources: linkedin page

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
https://www.linkedin.com/in/david-shlecter-73b0b334/
value seen: https://www.linkedin.com/in/david-shlecter-73b0b334/
https://www.wattcap.com/about/team/david-shlecter/

Sources: since

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
He joined Watt Companies in 2016 on the Capital Markets team.
value seen: 2016
https://www.wattcap.com/about/team/david-shlecter/

Sources: summary

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
David Shlecter is the Senior Vice President of Watt Capital Partners and is responsible for the overall investment strategy and execution of the business plan.
value seen: David Shlecter is the senior investment executive responsible for Watt Capital Partners’ investment strategy and business-plan execution. He joined Watt Companies in 2016 after real-estate tax work as a CPA and has acquisition, financing and development experience.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.wattcap.com/about/team/david-shlecter/

Sources: title

COMPANYdate not shown in source

David Shlecter | Watt Capital Partners | Real Estate Development

Watt Capital Partners · carried by wattcap.com
## David Shlecter Senior Vice President
value seen: Senior Vice President of Watt Capital Partners
held out of the figures · the quote does not carry this value
https://www.wattcap.com/about/team/david-shlecter/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

7 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
ZephyrSalt Lake City, United States
Warehouse District
residential for rent1381————2020late summer—Jan 2024 – Dec 2024—not scorablecompleted
Harvest at MarmaladeSalt Lake City, United States
mixed use, residential for rent, retail2521——USD 60m
estimated cost
—2019June 5, 2019—Oct 2022—not scorablecompleted
Tuscan HighlandsLas Vegas, United States
residential for rent3041——USD 41.1m
construction loan
—20182018—Sep 2020 – Dec 2020—not scorablecompleted
Watt Plaza lobby transformationLos Angeles, United States
Century City
office——17,000 sq ftUSD 15m
other
————Jan 2020 – Dec 2020—not scorablecompleted
The ZellerSalt Lake City, United States
residential for rent2921————201604/04/2016Dec 2017Jan 2018 – Dec 2018+6.5 mo
(+1.0 to +12.0)
sourcedcompleted
View 32Phoenix, United States
residential for rent1351————2016spring 2016Jun 2018 – Aug 2018Jan 2018 – Dec 2018−0.5 mo
(−7.0 to +6.0)
sourcedcompleted
South BeachLas Vegas, United States
residential for rent22013———2016later this yearFeb 2017Jan 2017 – Dec 2017+4.5 mo
(−1.0 to +10.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

4 found
GOVERNMENT RECOGNITION Winner December 11, 2023
Affordable Housing and Sustainable Communities (AHSC) Program award · Crenshaw Crossing
Watt Companies was named as one of the developers of Crenshaw Crossing, which secured $49.9 million in California state funding through the AHSC Program.
SAFETY / QUALITY Finalist 2020
2020 Innovation Awards: Energy Project of the Year · Watt Plaza
Watt Plaza was identified as a finalist for Energy Project of the Year in recognition of its energy-efficiency work, with Watt Companies identified in the case study and its general manager quoted.
SUSTAINABILITY Winner 2017
Innovation Awards · Watt Plaza
The Los Angeles Better Buildings Challenge lists Watt Companies’ Watt Plaza property as a 2017 Innovation Awards winner; the page does not specify a more detailed award title or category.
Los Angeles Better Buildings Challenge · https://www.la-bbc.com/partner-profiles/watt-plaza
SAFETY / QUALITY Winner October 27, 2011
Outstanding Building of the Year (TOBY) Award · Watt Plaza
Watt Plaza was reported as having won the TOBY award in the 500,000-to-999,999-square-foot office-building category, recognizing building management and operations.
Building Owners and Managers Association (BOMA) · https://www.wattplaza.info/pdf/nletter3.pdf

Risks

Risk flags

4 found
PROJECT CANCELLED Sale closed in late September 2018; reported October 16, 2018 (updated October 18, 2018).
Watt Companies sold the Santa Monica development site through subsidiary Watt Investment Partners before construction began, ending Watt’s proposed office-and-retail mixed-use project; the buyer, Friedkin Group, said it would carry forward revised plans. The sale and change in project sponsor were reported without evidence of wrongdoing by Watt.
PROJECT CANCELLED 2018-09-2018-10 (sale reported October 16, 2018; project plans originated in 2017)
Watt Companies, through subsidiary Watt Investment Partners, abandoned its planned Santa Monica mixed-use office/retail complex at 1550 Euclid Street and 1205 Colorado Avenue when it sold the development site in September 2018 before the announced groundbreaking; the buyer said it would carry through with the plans, so this is not evidence that the successor project failed.
DELIVERY DELAY 2019-02 promise; delay reported June 25, 2020; subsequent first move-ins reported May 2, 2021
Watt Communities’ Mitchell Farms housing development in Citrus Heights was reported as missing its promised early-2020 first-home delivery, with construction absent for months after Watt sold the project to KB Home; first residents were ultimately expected to move into the renamed Mitchell Village in May 2021, making this a historical delay and developer transition rather than a current Watt project failure.
PROJECT CANCELLED 2020-12-15 project action withdrawn; status reported January 14, 2021
A proposed Oakland moderate-income conversion/preservation program involving eight apartment buildings acquired by Watt Companies and Investco stalled after tenant concerns led the city to remove its required loan from the December 2020 council agenda, and the housing director said in January 2021 there were no immediate plans to reintroduce it; the report does not establish a final legal cancellation or parent-company liability beyond the project participants.

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Last checkedOctober 15, 2026 this month
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