New Gen: What You Don't Know About One of LA's Big Value-Add Investment Executives

Adam Siegman will be attending Bisnow's Escape Ascent retreat this November in Miami. For a list of attendees, click here. To apply to attend, click here.

Photo: Here with wife Whitney on Oahu
Title: Managing Director, Watt Investment Partners 
What that means: Adam and Watt Investment managing partner Jennifer McElyea co-manage a platform seeded by the Watt family to invest in value-add and opportunistic real estate. Watt Cos is a 65-year-old real estate investment firm based in LA with more than 8M SF of office and industrial space and 50 shopping centers in its portfolio, among other assets. The company remains family run.
Most recent deal: Bought a 100k SF industrial building in South Salt Lake City, Utah, which the company plans to convert to residential use.
Hometown: Born in Denver, grew up in Scottsdale, AZ
First job: Coaching soccer camps through high school and college.
Athletic prowess: Adam played soccer at Stanford, where he earned a degree in economics. He also played some minor league soccer in San Francisco after graduating. “I found out quickly I wasn’t good enough.”
Other education: MBA in real estate finance at UCLA
First adult job: Investment banking in San Francisco.

Photo: With Whitney in Tavarua, Fiji
Family: Married Whitney on Christmas Day last year in Thailand.
Power couple: Whitney’s a chef. She has done a lot of work for Gordon Ramsey on Master Chef. She’s the one who teaches contestants how to make complicated cuisine the day before a competition.
Hours on the job: “It’s similar for all of us,” he says. “I come in early, I am home for dinner and then I’m working after dinner.”
Free time: Adam is obsessed with surfing.
Exotic travel: Adam loves the Mentawai Islands in Indonesia for surfing. 
Favorite movie: City of God 
Favorite song of all time: The Weight, by The Band
Favorite vacation destination: Tavarua, Fiji.
Startling fact: Proud owner of a black 150cc Vespa.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Hollywood's Yamashiro Complex Gets $25M Refinance: The Los Angeles Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Lender Wants Blackstone, Hudson Pacific To Sell Vacant Sun Valley Studio

Cresa Taps Nathan Knowles As Atlanta Market Leader