the waltham watch company , also known as the american waltham watch co. and the american watch co. , produced about 40 million watches , clocks , speedometers , compasses , time fuses , and other precision instruments between 1850 and 1957 .

the company 's historic 19th-century manufacturing facilities in waltham , massachusetts have been preserved as the american waltham watch company historic district .

waltham watch company

the waltham watch company was bought and converted to waltham precision instrument company in 1957 .
records of watch manufacturer waltham watch company of waltham , mass . , founded in 1850 .
were there any other watch companies in waltham ? the howard watch company also manufactured watches in waltham .
the 1960s saw the waltham watch company first acquired by the bellance aircraft corporation and then by harry aronson in 1957 . aronson reorganized the company into two seperate entities , the waltham precision instruments company and the waltham watch company of delaware .
the u . s . watch company of waltham , mass . is not the american waltham watch company . if you are looking for information on your american waltham watch , go here .
in 1906 the company was renamed the
waltham watch company
. in 1923 , they became the
waltham watch and clock company
reflecting the new importance of clock manufacturing , but then in 1925 the name was changed back to
waltham watch company
.
petitioners are waltham precision instrument company , inc . , a corporation , formerly known as waltham watch company , waltham watch company , a corporation , and joseph axler and melvin axler , individually and as former officers of said corporation
2 - rockford watch co . & 1 - waltham watch company jewelers display case - lot of 3
waltham watch company et al . , petitioners , v . federal trade commission , respondent
waltham , massachusetts , also known as “watch city , ” is the original home of one of the great american watch companies , the waltham watch company .
cite as : waltham watch company records . baker library historical collections . harvard business school .
waltham watch company et al . , petitioners , v . federal trade commission , respondent .
a new factory was constructed , with a planned production of 50 watches per day . the directors of the new company wanted to name the company the waltham watch company , but a suit was filed by the american waltham watch company and the use of the waltham name was prohibited in 1899 .
while operations at the waltham watch company have long since ceased , many of the waltham watches it produced keep on ticking .
the u . s . watch company of waltham , mass . began business as the waltham watch tool company in 1879 , and was reorganized as the u . s . watch company in 1885 . the founders of the company were charles v . woerd ( woerd ' s patent ) , formerly of the american waltham watch company , and the nutting brothers , owners of a watch tool and machinery company in waltham . financial backers e . c . hammer and t . b . eaton became treasurer and president of the company respectively .
the waltham watch company started as the embodiment of the american dream but ended as a nightmare .
volume ce - 2 carpenters ' dept . ledger , american waltham watch company , 1902 - 1905
volume ce - 3 carpenters ' dept . ledger , american waltham watch company , 1906 - 1909
for the last time . this company had nothing to do with the original waltham watch co .
the u . s . watch company of waltham , mass . should also not be confused with the united states watch company which operated in marion , new jersey .
in 1959 , waltham watch company of delaware was merged with hallmark , inc . , under the name of waltham watch company . the offices were transferred to chicago , illinois . at that time , the axlers terminated their association with the company .
waltham watch company was a watch manufacturer founded in 1850 in waltham , mass . the firm was known as the american watch company from 1859 to 1885 . it was renamed the american waltham watch company in 1885 and retained this name until 1906 . the company went into bankruptcy in 1948 . various attempts at reorganization proved unsuccessful and it ceased operations in the 1950s . the waltham precision instrument company was an instrument manufacturer loosely descended from the older firm .
in 1979 , katy industries purchased for an undisclosed sum all the stock of the waltham watch company .
waltham watch company v . | 336 f . supp . 1010 ( 1971 ) | pp101011158 | urltoken
327 f . 2d 427 - waltham precision instrument company v . federal trade commission
the first major customer for dennison watch cases was the american watch company of waltham , and the coincidence of the date of 1874 in aaron dennison leaving the the anglo - american watch company and setting up a case making company together with the opening in 1874 of the london office of the american watch company looks very significant .
waltham watch company went out of business in 1957 . from an email a reader sent in september 1999 , here are some more details : [ size = - 1 ] i found your history of waltham and the faq for waltham watch company of
the watches displayed on this waltham watch company sa official website are the only available at selected exclusive boutiques .
waltham watch company , plaintiff , v . hallmark jewelers , inc . , et al . , defendants .
waltham watch company went out of bueinss in the late 1950 ' ' s - early 1960 ' s , in 1957 they planned to merge into waltham precision instrument company which was completed march 1960 . the shareholders of the old company received shares of the waltham precision instrument company and also received shares in a waltham watch company . in the mid 60 ' s the remaining assets were purchased by the dextra corporation which failed in 1983 .
the original waltham watch company was also known as the american standard watch company as it focused primarily on the standardization of parts in order to build higher quality watches . it is said that henry ford was inspired to build the ford motor company after a visit to the original waltham watch factory .
what innovation did waltham watch bring to watchmaking ? the waltham watch factory pioneered the production of watches on an assembly line .
these swiss made waltham ' s are no relation to the waltham watch co . of massachusetts .
in 1905 stewart & clark manufacturing company was founded and acquired all assets of the sterk manufacturing company .
appraisal : waltham watch co . pocket watch , ca . 1887 | antiques roadshow | pbs
hands - on exhibits feature american innovation and invention from 1812 to the present day , with exhibits on waltham’s boston manufacturing company , the metz company , the american waltham watch company , and orient bicycles from the waltham manufacturing company . in addition to our permanent collection , the crmii has revolving temporary exhibits and has private events throughout the year .
nba hall of famer elgin baylor was named after the elgin national watch company .
the waltham precision instruments company focused on making specialized clocks and chronographs for aircraft control panels . the waltham watch company of delaware operated out of chicago and would rename itself to the waltham watch company . both companies would get into trouble with the ftc over false advertising during the 1960s . both companies had been importing swiss movements , branding the waltham and then used waltham ' s history in advertising .
, a company established for this purpose in 1954 by the us parent company . however , specialized clocks and
the name of company changed to the boston watch company . soon financial unrest resulted in one of the founders leaving to form his own company , e . howard & co and by 1857 , the boston watch company was bankrupt . the estate and stock sold at auction to a new york businessman named royal e . robbins who renamed the company appleton , tracy , & company .
a very early article on the waltham watch company , while still operating under its earlier name , the boston watch company , written just 6 years after the company was founded and less than a year and a half after opening its factory along the charles river in waltham . the company would still be years away from being celebrated the world around for its revolutionary machine - made horological masterpieces . view :
the boston watch company
- waltham sentinel march 13 , 1856
at renaissance watch repair , we are experts in the repair and restoration of antique watches made by the american waltham watch company . please contact us if you have any questions about the repair of your vintage waltham watch .
volume ka - 1 time book , finishing dept . , american watch company , 1890
box 55 , folder 1 , item 2 exterior views of the waltham watch co . facilities . front view of the waltham watch company ( undated ) photographed by h . f . warren .
waltham continued to manufacture watches ( and clocks ) until 1957 , when they ceased production and became the waltham precision instrument company . the rights to the name
waltham watch company
were sold to the hallmark watch company of chicago , illinois who continued to sell imported watches using the waltham name . several of the original waltham factory buildings are still standing , and were added to the national register of historic places in 1989 .
it is still possible to purchase modern quartz watches that bear the waltham name , but these watches are unrelated to the
genuine
american waltham watch company . in fact , a 1961 ruling by the federal trade commission prohibited any inference that a relationship to the original waltham watch company exists .
how can i contact the waltham watch company ? you can ' t contact them . the company went out of business in 1957 . the faq you are reading was developed because people send me lots of questions about waltham watches , but it is not officially associated with the company .
more than 150 years ago , aaron dennison , david davis and edward howard formed the waltham watch company , an american company that disrupted the watchmaking industry with its groundbreaking , precise techniques .
vortic uses watch movements from various vintage watch companies , from waltham to the chicago - based elgin national watch company , to the lancaster , pennsylvania - based hamilton watch company . custer and wolfe say that many of their clients have a connection to those regions and to their history .
copyright waltham watch company sa - che - 276 . 091 . 734 swiss made watches - all rights reserved - waltham watches | terms of use | your personal data |
when did waltham watch close ? waltham watch company went out of business in 1957 . from an email a reader sent in september 1999 , here are some more details : i found your history of waltham and the faq for waltham watch company of great interest . you say it went out of business in 1957 when it became waltham precision instrument company . my father had purchased 100 shares of waltham watch co . in 1949 . it was on march 10 , 1960 that the shareholders of the old company received shares of the waltham precision instrument company ( 1 share for every 10 held ) and also received shares in a waltham watch company ( a delaware company with offices in chicago ) ( 1 for every 50 held ) . in 1961 they issued a stock dividend ( 1 share for every 10 held ) in dextra corporation . from what i have heard , waltham finally went out of business in 1973 and dextra failed in 1983 .
there is more about the dennison watch case company on my page about a l dennison .
in 1923 the company changed their name to the waltham watch and clock company and in 1925 they changed again to the waltham watch company . in 1941 , the department of commerce began investigating waltham for conspiring to withhold watches from certain retailers . the doc believed that walthams business practise had aided the increase of swiss watches into america at the cost of american labor .
the well - known waltham watch company was located at waltham , massachusetts . it was founded in 1849 and became a widely known manufacturer of watches and clocks . some time prior to july 1957 , waltham watch company ceased the manufacture of watches . it had discontinued the manufacture of clocks some years previously .
that is why you’ll never find an original waltham time piece of the new aeronaval collection sold online , except for the exclusive boutiques own websites licensed by waltham watch company sa .
waltham no longer exists as an american manufacture . the name is now owned by waltham international sa , a swiss company that build quartz watches , mainly for the japanese market . the american company waltham aircraft clock co . produces watches for aircraft .
the average cost of an antique waltham watch company jewelry & watches is $ 1 , 975 . the price can vary from $ 675 and $ 4 , 200 based on the condition , age , materials and aesthetic value for a specific waltham watch company jewelry & watches .
volume cb - 12 ledger a , waltham watch company , 1923 note : v . cb - 12 is missing ; first reported 1975 .
the waltham watch co . , a once - pioneering , now - defunct company , supplied the nation with pocket watches for 100 years .
federal trade commission v . waltham watch company , 169 f . supp . 614 ( s . d . n . y . 1959 )
copyright & copy ; 1996 - 2008 watertown watch and clock company tm . all rights reserved .
product of waltham watch company since 1850 . for the first time in the history of direct selling a famous 150 - year - old company with established national brand products offers you this opportunity .
waltham watch company sa is a high - end watch manufacturer with offices in switzerland - center of world excellence in clock and watch production - and a leader in precision mechanical watchmaking for the past 160 years .
box 55 , folder 2 , item 1 exterior views of the waltham watch co . facilities . side view of waltham watch co . ( undated ) .
box 55 , folder 4 , item 2 exterior views of the waltham watch co . facilities . front view of the waltham watch co . , dated 1864
box 55 , folder 5 , item 2 exterior views of the waltham watch co . facilities . front view of waltham watch co . , dated 1866 .
i wasn ' t sure if the american company with this swiss mark was something other than the american company moving off shore .
the waltham watch company , also known as the american watch company , made over 40 million watches , clocks and other precision implements between the years of 1850 and 1957 . the watches are highly collectible and people often want to know waltham watches values . the value of any watch takes into account the condition of the watch , demand for the watch and how many are available for purchase .
after the company closed , a swiss subsidiary , waltham international sa , continued to manufacture watches under the waltham brand largely for the japanese market . but in 2011 the company was rebranded , and in 2014 it came out with the new waltham luxury aeronaval collection .
in january , 1859 the waltham improvement co . and the appleton , tracy & co . merged to form the
american watch company .
application to enforce an administrative subpna duces tecum of the federal trade commission , petitioner , v . waltham watch company , a corporation , respondent .
vintage swiss made waltham hand wind mechanic 17j mens wrist watch runs lot . a
volume cb - 2 ledger b , waltham watch co . , 1910 - 1911
volume cb - 3 ledger c , waltham watch co . , 1910 - 1913
volume cb - 4 ledger d , waltham watch co . , 1913 - 1915
waltham yellow gold engraved us air service half hunter manual watch , ca . 1903
a gold plated waltham traveler pocket watch in working order . has faint hairlines .
[ waltham usa on dial . by ; waltham signed . rare to find an almost 100 year old fullhunter waltham in this condition ] . manufacturer : waltham . manufacturer location : waltham , massachusetts . estimated pro . . .
aaron dennison died in 1895 and his son franklin took over his role . in 1905 the company was incorporated and became the dennison watch case company limited . the dennison watch case company ltd . failed in 1967 due to insolvency and the factory in birmingham was closed .
in 1853 the company had moved to waltham and built a new factory on the banks of the charles river .
waltham watches values vary tremendously . finding the value of a waltham or any collectible watch needs to take into account many factors .
volume bc - 13 waltham watch & clock company , february - december 1923 note : v . bc - 13 is missing ; first reported 1975 .
waltham watch company et al . , petitioners , v . federal trade commission , respondent , 318 f . 2d 28 ( 7th cir . 1963 )
where can i get a waltham watch repaired ? i have received some recommendations from readers of this page , which can be seen at : waltham watch repair references .
then in 2011 , antonie dibenedetto , an italian american businessman , bought waltham international . he aim was to bring waltham back to its former glory . his first step after purchasing ? the same step that royal e . robbins and harry aronson took , renaming the company . waltham watch company s . a . released their first watch in 2014 .
through robbins ' bankrolling and dennison ' s supervision , the company was able to produce a pocketwatch that the working man would afford . the golden age of waltham began with the william every model 57 and by 1859 , the company was renamed for third time to the american watch company .
federal trade commission v . waltham watch company , 169 f . supp . 614 ( s . d . n . y . 1959 ) : : justia
waltham precision instrument company , inc . , et al . , petitioners , v . federal trade commission , respondent .
vintage waltham hand wind mechanic 17j mens watch runs w / original box lot . s
volume cb - 1 ledger a , waltham watch co . , may 1906 - 1909
box 55 , folder 4 , item 1 exterior views of the waltham watch co . facilities . side view of the waltham watch co . taken from the road , dated1863
waltham pocket watch in large open face case . a fair bit of wear too .
re : waltham pocket watch . . can you tell metal content by serial numbers ?
waltham indeed did appear to create a subsidiary in switzerland and here is their link and history and they do claim to have direct lineage to the original waltham company .
when did waltham watch begin making watches ? aaron dennison established waltham improvement company ( later to become waltham watch company ) in 1854 . the factory became a major employer of yankee protestants offering higher wages and skilled work . in 100 years of existence the factory produced 40 million jeweled watches , plus clocks , speedometers , compasses , time fuses for bombs and other precision instruments . see key dates in waltham history .
waltham’s watchmaking origins go back to 1854 , when boston watchmaker aaron dennison purchased vacant farmland on the charles river in then - bucolic waltham to establish a new factory for his boston watch co . , later renamed waltham watch .
box 55 , folder 1 , item 5 exterior views of the waltham watch co . facilities . view of the back of the waltham watch co . taken from across thecharles river
this website may include links to other websites operated by third parties . waltham watch company sa cannot be considered responsible for such external sources and the contents displayed by them . furthermore , waltham watch company sa cannot be held responsible for any damages or losses resulting from the link to these websites and / or external sources .
in 1951 , waltham reported a profit of $ 11 , 728 , the first profit the company has seen since 1945 .
if waltham created this company for the very reason to produce watches at a lower cost rate and the original company ceased production ( as many american companies have because of costs ) to me it ' s lineage would still go back to the original company , they are no longer in us but they were created by the original us company .
waltham a - 11 hacking movement watch . photo courtesy of hq _ sandman _ ute .
volume cb - 5 ledger , chicago office , waltham watch co . , 1910 - 1912
usa traveler pocket watch . full hunter pocket watch . solid 10ct gold case .
box 55 , folder 1 , item 3 exterior views of the waltham watch co . facilities . front view of the waltham watch company showing themanicured lawn and trees ( undated ) affixed to the back of thephotograph is an engraving labeled
elgin national watchfactory
waltham watch company et al . , petitioners , v . federal trade commission , respondent , 318 f . 2d 28 ( 7th cir . 1963 ) : : justia
this page contains instructions for using the serial number look - up tables that are found on many of our watch company history pages . the example below uses information from the american waltham watch company , but that is just an example . you should consult the serial number table for the specific brand of watch movement you are trying to date by selecting a company from the menu on the left .
in this pocket watch we see a . w . w . co . riverside waltham , mass . adjusted . this identifies the watch as being made by the american waltham watch co . the grade of the watch is a riverside . the movement has been adjusted .
waltham precision instrument company , inc . , et al . , petitioners , v . federal trade commission , respon . . .
the massachusetts corporation was renamed waltham precision instrument company , inc . it continued in business in waltham , massachusetts , engaging in the manufacture of various precision instruments , other than watches .
after a hearing , the examiner found the allegations of the complaint were fully sustained by the evidence . the order prohibits the singers , waltham watch company , harry aronson , individually and as an officer of the company , and lawrence aronson as an officer of the company , from engaging in the practices challenged in the complaint .
the u . s . watch company was purchased by the philadelphia watch case company in 1901 , which subsequently merged with the keystone watch case company in 1904 . it was through this acquisition that keystone gained control of the factory , wherein they began production of their keystone - howard watches in 1905 . even though watches were produced with serial numbers up through about 850 , 000 it is believed that the total production of watches from the u . s . watch company of waltham , mass . was significantly less than this number .
upon petition for review filed by waltham watch company , harry and lawrence aronson as officers of the company , and harry aronson , individually , the commission affirmed in every respect the examiner ' s initial decision and order and adopted them as its own .
box 55 , folder 2 , item 3 exterior views of the waltham watch co . facilities . view from a tower of the waltham watch co . showing the roadand park in front , and the city of waltham in thebackground ( undated ) .
' presenting the 25 jewel premier by waltham * * * america ' s first watch . '
volume ca - 1 ledger e , american waltham watch co . , february 1897 - march 1903
volume ca - 2 ledger f , american waltham watch co . , march 1903 - may 1906
volume cb - 6 ledger , new york office , waltham watch co . , 1910 - 1913
volume sa - 1 various small cases and claims against waltham watch co . , 1917 - 1925
early 1900 ' s 18 carat gold waltham pocket watch 52 grams , lovely item & popular .
waltham american pocket watch . enamel dial . end of the xix . 7j . safety pinion .
presenting the 25 jewel premier by waltham * * * america ' s first watch .
shares of waltham watch co . in 1949 . it was on march 10 , 1960 that the
waltham pocket watch . . can you tell metal content b . . . - the ebay community
“the company that’s going to cast our cases for the pendant necklaces , zero porosity casting , is in waltham , ” custer said .
william mcinley had his signature engraved on watch movement named after him by his friend john c . dueber , the owner of the hampden watch company of canton oh .
here is a bit of a horological heresey , the english waltham ! the waltham watch company was steeped in american history , the company was founded by david davies , edward howard and aaron lufkin dennison who in 1850 set up a company in roxbury massachusetts to manufacture watch parts . the company was reputedly set up under a cloud of secrecy because david davies , edward howard and aaron lufkin dennison were going to do something quite inventive , set up a watch manufacturing company in which all the components were made in their watch factory subject to strict quality control . this was quite unheard of and pretty much a world first . the watches they produced represented a revolution in watch making , they could mass produce watches with interchangeable parts .
most of the advertising and labeling shown in the proceeding record was disseminated during the existence of the massachusetts corporation as the waltham watch company , and while under control of the axlers .
abraham lincoln owned and used a waltham william ellery model pocket watch . the serial number of his watch is 67613 . it is now on display at the smithsonian museum . this gallery features another william ellery watch with the serial number of 67631 . this watch is the 18th . watch produced after lincoln ' s watch .
jon , i think this thread is of no interest to swiss pocket watch collectors and it is obviously of interest to waltham pocket watch collectors .
check out kevin zavian ' s appraisal of a waltham watch co . pocket watch , ca . 1887 , in our 50 states hour 1 .
in march 1958 , about one year prior to the merger with hallmark , waltham watch company , the delaware corporation , entered an agreement with david singer trading as time industries . the latter was licensed to use the name
waltham
in connection with the distribution and sale of clocks . the agreement provided that all advertising and promotional material must receive the prior written approval of waltham watch company before being released for publication .
volume ab - 3 stock transfers , common & preferred stock , waltham watch co . , bound volume
c . w . c . co . tells me that ' s it ' s probably a crescent watch case company case .
learn about the meticulous restoration of the waltham watch factory building from its owners , berkeley investments , inc . , a boston - based real estate investment , development , and management company .
the setting up of the watch case factory in birmingham coincided with the opening in 1874 of the london office of the american watch company by nelson pitkin stratton , who had joined the company in 1852 and been made assistant superintendent in 1857 . the american watch company of waltham by this time was mass producing watch movements at a tremendous rate , more than they could sell in america , which like europe from 1873 had been undergoing a recession , so they looked to export their excess production .
full hunter pocket watch . the watch does not work . the minute hand is bent .
the association with dennison and the english market may also have played a part in the eventual downfall of the waltham watch company . the british were by nature very conservative , but the uk was a major market for waltham . perhaps to meet the needs of this market , waltham maintained a more conservative output , and it may have been that the english conservative influence led waltham watches to be perceived as a bit boring in the home us market . this perception of conservatism was believed to have played a part in a decline of sales and the eventual bankruptcy of the waltham watch company in 1949 and closure of the american waltham watch factory in 1957 .
box 55 , folder 7 , item 1 exterior views showing the city of waltham . view from high up and across the charles river showing the backof the waltham watch co . and the city of waltham , dated1864 .
box 55 , folder 7 , item 2 exterior views showing the city of waltham . view from high up and across the charles river showing the backof the waltham watch co . and the city of waltham , dated1866 .
the company was sold at auction to appleton tracy & co in may 1857 . in january 1859 the wa ltham im provement comany and appleton , tracy & company merged to for the american waltham watch company . by 1860 the country was in civil war , and the company was in trouble again . production ground to a halt . with a war going on , finding a market for their watches was becoming a seroius problem . the company decided to downsize to the lowest possible level to keep the factory open . it worked !
box 55 , folder 2 , item 2 exterior views of the waltham watch co . facilities . view of the courtyard of the waltham watch co . showingsignificant growth of ivy on the buildings ( undated ) .
box 55 , folder 6 , item 2 exterior views of the waltham watch co . facilities . back view of waltham watch co . taken from across the charlesriver showing bridge in the foreground , dated 1883 .
the waltham company in chicago apparently leased the waltham name from the u . s . treasury department , which had seized the company in 1957 when it went bankrupt ( again citing girardin ) . it was their intent to sell swiss - made waltham watches in the u . s . and canada . the company selling
waltham
in the u . s . also sells
gruen
and
elgin
. in my mind this type of relationship , merely acquiring use of the name through opportunity , carries little real legacy from the original waltham , although the conversion of original american waltham watch co stock to waltham chicago stock ( cited in claude ' s post ) may suggest some legitimate corporate connection .
with dennison having moved to england and robbins dead , the company started to flounder .
but the waltham brand is the most popular , wolfe said . “waltham had a huge following , ” he said .
to answer the question asked - - - it is my understanding that the american company had nothing to do with the swiss operations . it was not a company decision to shift any operations to switzerland . the waltham watch company in waltham , mass . became the waltham precision instrument company in the 1950s . when waltham watches were no longer being produced in the u . s . one entity acquired the rights to the name in the united states and another entity acquired the world - wide rights ( exclusive of the u . s . ) . neither is a legitimate heir ( in the eyes of horologists ) to the company legacy . the name may have a long history , but the company does not . [ if i have some of these facts wrong , someone please correct me ] .
most commonly known as just the elgin watch company was a major us watch maker . the company sold watches under the names , elgin , lord elgin , and lady elgin . the company was first incorporated in august 1864 as the national watch company , in chicago illinois . the growing young city of elgin , illinois , some 30 miles to the northwest of chicago , was chosen as the factory site . the first movement , delivered in 1867 , was named the b . w . raymond in honor of benjamin w . raymond . the watch was an 18 size , full plate design . in 1874 , the company officially changed its name to the elgin national watch company , as the elgin name had come into common usage for their watches .
in 1959 , the waltham watch company , a delaware corporation , was merged with hallmark . petitioner harry aronson was then president , and petitioner lawrence aronson was treasurer of hallmark . upon completion of the merger , harry aronson was elected president and lawrence aronson , vice president of the delaware corporation , which thereafter continued to conduct its business under the name of
waltham watch company .
the assets of the bankrupt company were auctioned and the buildings and some machinery were bought royal e . robbins , who restarted watch manufacture under the name of tracy baker & company with dennison superintendent of the mechanical department . robbins found dennison to be rather too creative when graft and application was required , and in december 1861 he was dismissed . after dennison had left , the new cheaper william ellery model watch he had been trying to introduce became a financial success for the company , selling in large numbers to soldiers during the american civil war . from the rather confusing jumble of company restructurings that followed eventually emerged the american watch company of waltham , massachusetts , but dennison was no longer involved in the company he had helped to found .
american horology owes much to the brilliant visionaries of the waltham watch company . bacon , church , dennison , fogg , howard , marsh , webster , and woerd all contributed greatly to american watchmaking .
box 55 , folder 6 , item 1 exterior views of the waltham watch co . facilities . a large crowd gathered in front of the waltham watch co . ; viewshowing front and side of building , dated 1869 .
over the course of 150 years , the waltham watch company would manufacture thousands of watches . presidents and explorers would wear walthams and the company would become one of the most recognisable names in american watchmaking . but what started as one of the most successful american brands ended in government bailouts .
' it is further ordered that respondents , waltham precision instrument company , inc . , a massachusetts corporation , formerly known as waltham watch company ; waltham watch company , a delaware corporation ; and joseph axler and melvin axler , individually and as former officers of said corporation , their agents , representatives and employees , directly or through any corporate or other device , in connection with the offering for sale , sale or distribution of watches in commerce , as ' commerce ' is defined in the federal trade commission act , do forthwith cease and desist from :
it is further ordered that respondents , waltham precision instrument company , inc . , a massachusetts corporation , formerly known as waltham watch company ; waltham watch company , a delaware corporation ; and joseph axler and melvin axler , individually and as former officers of said corporation , their agents , representatives and employees , directly or through any corporate or other device , in connection with the offering for sale , sale or distribution of watches in commerce , as ` commerce ' is defined in the federal trade commission act , do forthwith cease and desist from :
waltham watch company , a massachusetts corporation , had been a widely known manufacturer of watches and clocks for many years in waltham , massachusetts . in 1956 , it ceased manufacturing watches there . it opened an office in new york city and began purchasing watch movements from switzerland and watch cases in both switzerland and the united states , and to assemble such watches .
company v . federal power commission , 5 cir . , 256 f . 2d 233 .
jon or brian are you saying that waltham usa did not create this company in switzerland in 1954 ? i didn ' t say anything about us made watches and waltham swiss watches being the same only that waltham did appear ( from various souces ) to create this subsidiary that continued to make watches long after the original waltham usa company stopped production of us made watches . and that these watches are still being produced by a company that can rightfully claim that it has lineage back to the original company that started in the 1800 ' s . that would be like saying if general electric created a subsidiary in china that that company could not claim lineage back the the original company , general electric usa . the original question was were these watches
swiss
fakes , if you define a a
swiss fake
as a company in switzerland that produced watches that used names to confuse or appear to be a watch that it isn ' t . in the case of the swiss waltham the name is not abused or used in the terms of a
fake
name but that waltham did create this company in switzerland in the early 50 ' s . no they are not usa made waltham , these watches are clearly marked
swiss
but using the name waltham is legtimate .
the vortic watch company is a luxury wrist watch engineering and manufacturing company based in fort collins , colorado . their inspiration lies in reviving classic watchmaking techniques and traditions . the company ' s first product , the “american artisan series , ” celebrates the rich history of horological manufacturing in the united states by restoring vintage , american - made pocket watch movements , and building them into one - of - a - kind wristwatches .
volume ab - 1 stock transfers , common & preferred stock , american waltham watch co . , 1888 - 1897
box 55 , folder 5 , item 1 exterior views of the waltham watch co . facilities .
front of north tower draped for president lincoln
; front viewof waltham watch co . taken from afar , dated 1865 .
waltham pocket watch , p . s . bartlett , 13 jewels , 10 size , 18k solid gold - rf25166
vortic watch company is a small batch , custom , watch manufacturing and vintage restoration company located in northern colorado . our focus and belief system revolves around revitalizing manufacturing in the united states by combining traditional and cutting edge technology to create unique , quality , functional products with exceptional value .
each waltham watch was given a serial number . this serial number will tell a little about the watch and is useful information to know when looking to find out the value of a waltham watch . it is important to look at the serial number of the watch movement and not any number on the case . this serial number can be used to find out the date the watch was made and any other information that may have been taken from the ledgers of the waltham watch company . a useful source of information is the nawcc website which has a searchable database . this returns any information available about a specific watch serial number .
lot of 3—2 - rockford watch co . rockford ill . pat . may 14 , 1907 & 1 - waltham watch company jewelers display case - 1 rockford case is mint and opens easily and the other rockford case opens easily but , has . . .
in the process , the two penn state grads also discovered a rich and largely forgotten heritage of american watch manufacturing : the waltham watch co . , a once - pioneering , now - defunct company that for 100 years supplied the nation with pocket watches .
well , i am new at this , but would have to agree with jon - - a waltham post 1957 is not an american made watch , even if the roots of the company are in america .
daniel beard’s sketches of an angel at the end of a connecticut yankee in king arthur’s court are based on the elgin national watch company’s logo .
elgin watch company is referenced in the video game l . a . noire , which takes place in post - world war ii los angeles .
box 55 , folder 1 , item 1 exterior views of the waltham watch co . facilities . view of the front and side of the waltham watch co . taken fromthe road ( undated ) photographed by e . l goss .
box 55 , folder 3 , item 2 exterior views of the waltham watch co . facilities . view of the front and side of the waltham watch co . showingsignificant additions to the facilities in comparison with theprevious picture . dated 1863
hi all , today i picked up a vintage waltham watch in very nice condition : i know that waltham was originally a usa company , which was going into swiss hands in the late 50 ' s ( 1957 i believe ) . however , i am very surprised by the french connection . did the swiss owner outsource production to france , or was the waltham name also owned by a french company at some point ? thanks !
in 1885 , the company became the
american waltham watch company
. in 1865 prices for movements only ( no case ) were : william ellery $ 13 , p . s . bartlett $ 16 , bartlett - ladies $ 30 , appleton tracy $ 38 , a . t . & co ladies $ 40 , and american watch grade $ 175 !
five years later and for the fifth time , the company changed their name to waltham watch co . , and the followings years were very dark times for waltham . the factory repeatedly shut down , workers striked , a shipment of watches worth $ 20 , 000 was stolen on their way to london and the company fought american jewelers who sold their watches at lower prices .
the “boston 047” , part of the american artisan series by vortic . built using an antique waltham pocket watch movement .
i ' ve got a waltham watch company with
swiss made
on the back of the movement . 17 jewels unadjusted . the case and bezel are snap ons . there ' s no serial numbers either .
factory / house : waltham watch company style / reference : military campaign / half hunter metal / material : 18kt . yellow gold circa : 1903 dimensions : 36mm x 30mm movement / caliber : man . . .
factory / house : waltham watch company style / reference : chronograph / sports style metal / material : chromium on bronze circa : 1960 ' s dimensions : 46mm x 38mm movement / caliber : manua . . .
one of the six u . s . executives that purchased the company from its swiss owners .
lincoln was president , and our nation was at war . only two watch companies were making watches at this time . the e . howard company and the waltham watch company . watches that were produced during the civil war are very collectible . most generally , they are called civil war watches . however , there are two categories of these watches that more correctly describe them . a civil war period watch is the correct term to describe a watch made during the war years . a civil war watch would be the correct name for a watch that could be documented as being carried by a soldier during the same time period . the watch shown below is a watch that can only be described as a civil war period watch .
during the civil war , union soldiers were able to buy a model 57 for $ 13 and by the end of the war , the model 57 accounted for 45 % of walthams sales . after the war , waltham became the main supplier of railroad chronometers to the burgeoning railroad industry of america . canals were out , railroads were in . the waltham model 1870 crescent street was the first american watch designed and marketed as a railroad watch . by 1885 , the company was renamed for a fourth time to the american waltham watch company . in 1902 , royal e . robbins , the man who had saved the company in 1857 , died .
the case is gold filled , made by the crescent watch case company , of new york and newark , nj . you can read more about them
your watch is from the confused hallmark - waltham ( of delaware ) years when parts from all over the world were being brought it to assemble watches under the waltham name . . .
issued in 1957 - 1958 . this historic document was printed by the american banknote company and has an ornate border around it with a vignette of the company ' s name inside a wreath . this item has the printed signatures of the company’s president and treasurer and is over 42 years old .
the american waltham watch company had its beginnings in 1850 in roxbury , massachusetts . the company was founded by david davis , aaron dennison , and edward howard . their vision was to form a watch company that could produce high - quality watches at a lower cost using interchangeable parts . with financial backing from samuel curtis , of small - arms manufacturing fame , the watch production began in 1851 , and the first small group of watches were finished in late 1852 . the first watches produced went to officials of the company , and it was not until 1853 that the first watches were offered for sale to the public .
factory / house : waltham watch company style / reference : art deco metal / material : yellow gold filled dimensions : 45mm x 35mm circa : 1950 ' s movement / caliber : 17 jewels / manual . . .
this is the final project for boston university center for digital imaging arts made by jonatham a . boschen .
waltham ' s watch
is a history documentary on the waltham watch factory , that existed in waltham massachusetts during the 1850 ' s through the 1950 ' s . thanks jonathan , great work !
always input the serial number from the pocket watch movement ( the
guts
of the watch ) .
waltham international sa apparently worked with the chicago company to bring swiss movements , marked waltham , into the u . s . from 1957 until the ' 70s ( again , from girardin ) . waltham international sa continues to hold the rights to the name outside of the u . s . and canada .
the best way to find the value of a waltham watch is to take the watch to a professional and qualified watch dealer and valuer . there are many individuals and companies that specialize in vintage and antique watches . in order to find out waltham watches values , a valuer will consider the following :
the case is yellow 10k rolled gold plate and original with waltham factory mark . this would make a great carrying watch .
volume ab - 2 stock transfers , common & preferred stock , waltham watch co . , unbound papers , 1906 - 1911
so now in this example , you know you have a waltham riverside 18k gold hunting case pocket watch made in 1886 .
the clocks sold by time industries under the agreement , were imported by waltham clock company from germany . when waltham and hallmark merged , the agreement with time industries was continued by letter dated february 26 , 1959 . this letter was signed for waltham by harry aronson , president . however , the working agreement was changed to the extent that time industries imported the clocks instead of waltham .
2 . the serial number ( 3097487 ) allows you to date this watch . this pocket watch was made in 1886 . you can find this information on the american waltham page .
factory / house : waltham watch company style / reference : art deco / tank style metal / material : 14kt . solid gold circa : 1940 dimensions : 37mm x 24mm movement / caliber : winding / 27 j . . .
factory / house : waltham watch company style / reference : round / space age design metal / material : yellow gold filled circa : 1950 ' s / 1960 ' s dimensions : 44mm x 35mm movement / caliber . . .
in the history of watch making , many watch manufacturers had watch movements made to fit their watch cases , for example the american ball watch company used swiss made avia watch movement . thus one could argue that the walthams assembled in the uk form english made dennison cases represent a special bread of english walthams . after all many of the dennison cases , although designed to fit waltham movements were also designed for the english market . for example the early trench watch cases made by dennison specifically met the needs of the british heading off to the trenches . the design was only later adopted by waltham in the us to meet the needs of american troops post april 6th 1917 when the usa entered the war . so perhaps britain , via the efforts and perseverance of aaron dennison can bathe in a small portion of the glory of the historically great american waltham watch company .


harrison street real estate capital is a private real estate investment management firm based in chicago , illinois .

founded in 2005 by christopher merrill , chris galvin , and michael galvin , the firm focuses on real estate investments in the education , healthcare , and storage sectors .

the firm makes investments through private funds including closed-end opportunity funds , co-investment vehicles , and an open-end core fund .

in addition , in december 2010 , harrison street acquired a reit securities advisory firm , and launched harrison street securities , which provides investors with actively managed commingled funds , separate accounts , and mutual fund products investing in public reit securities .

over $ 7.1 billion in discretionary capital has been raised in-house for the firm ’s private funds .

investors are globally diversified and include public and corporate pension funds , endowments , foundations , insurance companies and family offices .

for the past three years the firm has been named to the pere 50 list , which ranks the 50 largest private equity real estate firms it the world .

in december 2015 , forbes featured the firm in a piece titled “ real estate for the ages , ” which highlighted the firm ’s demographic driven investment thesis .

in 2014 , 2015 and 2016 the firm was honored by being awarded pension and investments “ best places to work " .

harrison street real estate

the commercial real estate services firm will acquire a majority stake in harrison street real estate . . .
harrison street real estate capital , a chicago - based real estate private - equity firm . this is the second partnership that includes morningstar and harrison street real estate capital . in march , the…
harrison street real estate capital , a real estate equity firm based in chicago , has acquired two sen . . .
chris merrill , ceo harrison street real estate capital . ( jeff sciortino for forbes )
harrison street real estate capital completes $ 1 . 9 billion acquisition of campus crest communities
glassdoor has 3 harrison street reviews submitted anonymously by harrison street employees . read employee reviews and ratings on glassdoor to decide if harrison street is right for you .
read testimonials from our colleagues at harrison street real estate capital and peak campus companies . read more
harrison street real estate capital llc * (
harrison street
) strives to be one of the leading real estate investment management firms by offering investment products providing
best in class
strategies & performance .
crosslane property group ( crosslane ) , alongside joint venture partner harrison street real estate ( hs . . .
harrison street is a real estate property investments firm that focuses on investing in the education , healthcare and storage sectors . harrison street is a investment company company . harrison street ' s parent company has been colliers international since may 2018 . harrison street has received a total of $ 850m in funding . harrison street ' s top competitor is silfern , led by clive r . holmes , who is their managing partner . harrison street has 87 followers on owler .
press release : harrison street : harrison street awards avison young exclusive property management of 24 - building , 1 . 5 - msf medical office portfolio
harrison street ' s president & ceo , christopher merrill , currently has an approval rating of 91 % . harrison street ' s primary competitors are
harrison street is a real estate property investments firm that focuses on investing in the education , healthcare and storage sectors . harrison street was founded in 2005 . harrison street ' s headquarters is located in chicago , illinois , usa 60606 . it h . . .
drake real estate partners is one of harrison street ' s top rivals . drake real estate partners is a investment company company that was founded in new york , new york in 2012 . drake real estate partners competes in the investment management & fund operators industry . drake real estate partners has nan less employees vs . harrison street .
owler has collected 15 screenshots of harrison street ' s website since may 2014 . the latest harrison street website design screenshot was captured in jun 2018 .
harrison street • 444 west lake street • suite 2100 • chicago , il 60606 • 312 . 920 . 0500
harrison street real estate capital llc , a chicago - based investment firm focused on education , healthcare and storage real estate , has named erin nahumyk its chief accounting officer .
harrison street real estate capital completed its acquisition of campus crest communities as it continues its focus on expanding its student housing presence .
harrison street offers its employees major perks like professional development opportunities and good benefits .
since harrison street was founded in 2005 , it has participated in 2 rounds of funding . in total harrison street has raised $ 850 . 0m . harrison street ' s last funding round was on jul 2018 for a total of $ 0
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harrison street real estate capital is a privately owned firm which launched its first investment vehicle in 2006 . the firm has grown via its offerings of commingled real estate funds exclusively targeting education , healthcare & storage real estate properties . . .
matthews - based morningstar properties and harrison street real estate capital , a chicago - based real estate private - equity firm . the venture focuses on the purchase , development and redevelopment of self…
christopher merrill discusses harrison street ' s sector strategies with vonnie quinn of bloomberg tv .
glassdoor gives you an inside look at what it ' s like to work at harrison street , including salaries , reviews , office photos , and more . this is the harrison street company profile . all content is posted anonymously by employees working at harrison street .
- based operator and developer of self - storage properties , and harrison street real estate capital , a chicago - based real estate private - equity firm . 180 development services is responsible for sourcing and…
mr . errath is senior vice president , director of research and strategy for harrison street real estate capital , llc . in this role mr . errath directs harrison street’s research process for its primary investment sectors of education , storage and healthcare real estate . research at harrison street is used as a strategic tool to guide operating and investment strategy for harrison street’s portfolio . mr . errath also leads new business development efforts for harrison street as it contemplates growth strategies into new markets and complementary real estate segments . he formerly was responsible for boat storage acquisitions and asset management and maintains involvement in those areas . . . .
harrison street was named best places to work by pensions & investments for the fourth consecutive year .
innovative purchase of duquesne university residence hall by radnor / harrison street provides new co . . .
white bear lake and lake elmo , minn . - us storage centers , in partnership with harrison street real e . . .
leading global commercial real estate services firm colliers international group inc . ( nasdaq : cigi ) ( tsx : cigi ) has completed its previously announced , strategic investment in harrison street real estate capital llc ( “harrison street” ) , one of the largest real estate investment firms dedicated to the education , healthcare and storage sectors with approximately $ 14 . 6 billion in assets under management .
harrison street real estate capital llc ' s employees say they thrive in the firm ' s fun , energetic culture in which people genuinely care about each other .
morningstar properties and harrison street real estate capital have formed an alliance with 2guys storage to invest in self - storage properties in the southeast . the alliance expands each organization…
morningstar properties has acquired five self - storage properties in south carolina as part of its joint venture with harrison street real estate capital . the venture bought four properties at…
the opus group announces plans to develop and construct three student housing complexes in milwaukee , madison and minneapolis in collaboration with harrison street real estate capital llc . read more
a joint venture of local self - storage operator morningstar properties and harrison street real estate capital has purchased a self - storage property in carrboro . the acquisition brings the companies…
a joint venture of local self - storage operator morningstar properties and harrison street real estate capital has purchased two self - storage properties in virginia . the acquisitions , the venture…
a joint venture of local self - storage operator morningstar properties and harrison street real estate capital has purchased a self - storage property on brawley road in mooresville . the facility…
harrison street , the largest private equity firm focused on real estate investments in the education , healthcare and storage sectors , is getting even bigger with its most recent acquisition .
* as used in this website , unless the context otherwise requires ,
harrison street
or the
firm
refers collectively to harrison street real estate capital llc (
hsre
) , its subsidiaries , including hsre securities advisors , llc , an affiliate of hsre .
chicago , march 02 , 2016 ( globe newswire ) - - harrison street real estate capital , llc ( “harrison street” ) , the largest private equity firm focused on real estate investments dedicated to the education , healthcare and storage sectors , today announced the completion of its acquisition of campus crest communities , inc . ( “campus crest” ) ( nyse : ccg ) . harrison street believes that this transaction constitutes the largest acquisition of student housing properties in the industry .
student - housing developer campus crest communities has inked a $ 220 million joint venture with a chicago private - equity firm . the partnership with harrison street real estate capital will allow…
ascendance partners is seen as one of harrison street ' s top competitors . ascendance partners was founded in 2006 , and its headquarters is in chicago , illinois . ascendance partners operates in the real estate investment trusts ( reits ) industry . ascendance partners has 112 more employees than harrison street .
the milwaukee office of the opus group announced today the collaboration with harrison street real estate capital , llc ( harrison street ) , a chicago - based real estate investment management firm , to develop and construct varsity quarters , a new student housing development adjacent to the university of wisconsin - madison campus . the project is a joint - venture partnership . read more
harrison street believes human capital is the most valuable asset to the firm and vital to success . since 2005 , harrison street has attracted some of the most talented professionals within the industry . whether an individual is new to the business or an industry insider , harrison street offers outstanding employment opportunities . harrison street has created a corporate culture that inspires teamwork , creativity , strategic thinking and integrity . their employees work passionately to make harrison street a premier private equity firm by delivering exceptional value to our investors and operating partners . in turn , harrison street provides a range of learning and development opportunities . letters of interest and resumes may be sent to : careers @ urltoken .
harrison street was elected as runner - up for pere ' s north america , firm of the year award .
a joint venture formed by local self - storage operator morningstar properties and harrison street real estate capital has purchased a marina on st . simons island , ga . the boathouse at golden isles…
a joint venture of local self - storage operator morningstar properties and harrison street real estate capital has purchased a marina in st . simons , ga . the golden isles marina is the fourth marina…
about harrison street harrison street is a real estate private equity firm founded in 2005 by real estate veteran christopher merrill , chris galvin ( former chairman & ceo of motorola ) & mike galvin ( former assistant secretary of the u . s . commerce department for export administration ) that directly and through its affiliates , has approximately $ 10 . 4 billion in assets under management ( aum ) through commingled funds and public securities products . the commingled funds focus exclusively on the education , healthcare and storage segments of the us & european real estate markets . since inception , the firm has acquired or developed approximately $ 13 . 9 billion of real estate throughout 602 properties in 44 states including over 107 , 000 student housing beds , more than 17 , 000 senior housing units , over 6 . 1 million square feet of medical office space , and more than 97 , 000 self - storage units . as used in this press release , unless the context otherwise requires , “harrison street” or the “firm” refers collectively to harrison street real estate capital llc ( “hsre” ) , its subsidiaries , including harrison street advisors llc , harrison street university and harrison street securities llc , an affiliate of hsre . for more information please visit urltoken .
to date , harrison street has acquired or developed over 107 , 000 student housing beds at over 85 universities across the country . as of the close of this transaction , harrison street’s total student housing portfolio now includes over 76 , 000 beds . in the u . s . alone , harrison street now manages more than $ 10 . 4 billion in assets .
harrison street has tapped asset campus housing as the third - party property manager for campus crest’s 38 , 000 - bed portfolio . raymond james and associates inc . served as financial advisor to harrison street and dla piper llp served as harrison street’s legal advisor . campus crest’s financial advisor was moeleis & co . llc and its legal advisor was kilpatrick townsend & stockton llp .
silfern is seen as one of harrison street ' s biggest rivals . silfern is headquartered in new york , new york , and was founded in 2001 . silfern competes in the banks field . silfern generates 58 % the revenue of harrison street .
chicago— harrison street real estate capital llc , the largest private equity firm focused on real estate investments in the education , healthcare and storage sectors , is getting even bigger with its most recent acquisition . for a cool $ 1 . 9 billion , harrison street has completed its acquisition of campus crest communities inc . , a reit with a portfolio of more than 38 , 000 high - quality student housing beds in the u . s . harrison street believes this is the largest acquisition of student housing properties in the industry .
a joint venture formed by local self - storage operator morningstar properties and harrison street real estate capital has purchased a marina in littleton , n . c . eaton ferry marina , a 5 - acre facility…
harrison street promotes the culture of the
4 e ' s + 1
in all of its business and personal endeavors .
harrison street has employees and is the eighth highest among it ' s top 10 competitors . the top 10 competitors average 386 .
i applied online . the process took a week . i interviewed at harrison street ( chicago , il ) in august 2017 .
about harrison street harrison street real estate capital llc is one of the leading real estate investment management firms exclusively focused on the education , healthcare and storage sectors . the firm has created a series of differentiated investment products across multiple risk / return strategies . headquartered in chicago , the firm employs a 90 + person team and has approximately $ 12 . 2 billion in assets under management . for more information , please visit urltoken
these are all the companies that harrison street has acquired . harrison street has acquired 3 companies and its latest acquisition was flatirons terrace in mar 2018 . flatirons terrace owns and operates a chain of senior living facilities that offers home care and related services for aged individuals .
press release : harrison street : brodsky & smith , llc announces investigation of the board of directors of campus crest communities , inc .
chris merrill , co - founder , president & ceo of chicago - based harrison street real estate capital l . l . c . , has a strong point of view on the meaning of the word “innovation . ”
colliers international group has acquired 75 percent of harrison street real estate capital from its founders for $ 450 million , with an additional $ 100 million payable in 2022 , based on the company achieving certain accelerated performance targets .
these are all the companies that harrison street has invested in . harrison street has invested 3 companies and its latest investment was flatirons terrace in mar 2018 . flatirons terrace owns and operates a chain of senior living facilities that offers home care and related services for aged individuals .
harrison street real estate capital today announced the completion of its acquisition of campus crest communities , inc . ( nyse : ccg ) . the firm believes that this transaction constitutes the largest acquisition of student housing properties in the industy .
harrison street ' s revenue is the fourth highest among it ' s top 10 competitors . the top 10 competitors average $ 385 . 3m .
he’s able to back his statements with his resume . harrison street capital is a real estate private equity firm that has completed more than $ 10 billion in transactional volume , with significant investment in unique products . harrison street was among the first investors to grasp the potential of several product categories that are now widely popular : student housing , senior living , self storage and medical office .
the private equity firm merrill cofounded in 2005 , harrison street real estate capital , invests in student housing as part of a real estate strategy that is exclusively focused on demographic trends . for millennials , dorms and student apartments are the target ; for those in the
accumulation
stage of life , self - storage is a great bet ; and aging boomers are driving a boom in health - care - related real estate .
raymond james and associates , inc . acted as financial advisor to harrison street and dla piper llp ( us ) acted as harrison street ' s legal advisor . moelis & company llc acted as financial advisor to campus crest and kilpatrick townsend & stockton llp acted as campus crest ' s legal advisor .
the opus group announced today that the wisconsin office of opus development company , l . l . c . ( opus ) plans to develop and construct a new student housing development near marquette university’s campus . harrison street real estate capital , llc , a chicago - based real estate investment management firm , will own the project . read more
harrison street real estate capital ( hsre ) has over 11 billion usd under management . it is the largest investor in student accommodation in the us . hsre ceo , chris merrill established hsre in 2005 in partnership with the motorola family . hsre is named after he street on which motorola started is business in chicago .
the first deal to be developed under the p3 + capstone and harrison street partnership opens on - time and under budget at cornish college of the arts .
the firm was founded in 2005 by real estate veteran , christopher merrill , in partnership with chris and mike galvin ( of the founding family of motorola ) . the firm takes its name from the place in which motorola began life . motorola started out as the galvin manufacturing company located on harrison street in chicago . it is in this spirit of innovation , integrity and investment prowess that harrison street real estate capital operates its business . some of the key milestones in the firm ' s history follow :
senior director of real estate development , matt rauenhorst , on our student housing focus . read more
jason burian , cpa , is a partner in cohnreznick’s chicago office , is a member of the firm’s assurance practice , and leads the commercial real estate industry practice in our chicago office . he has 12 years of experience in public accounting , providing clients such services as audit , compilations , compliance , due diligence , agreed - upon procedures , and other accounting services . his clientele include real estate operating companies , real estate syndicators , real estate investment funds , and real estate developers .
the companies entered the definitive merger agreement on oct . 16 , 2015 , agreeing that an affiliate of harrison street would acquire campus crest by way of merger .
press release : harrison street : shareholder alert : brodsky & smith , llc announces investigation of the board of directors of campus crest communities , inc . - ccg
harrison street real estate capital llc * (
harrison street
) is a leading real estate investment management firm that offers investment products for access to well - defined private and public real estate segments . our firm ' s goal is to create a series of differentiated investment products that span the risk / return spectrum . our 115 + person team is headquartered in chicago , illinois . currently the firm manages approximately $ 14 . 6 billion in property assets and publicly traded securities through multiple investment vehicles on behalf of sovereign wealth funds , public & corporate pension funds , endowments , insurance companies , foundations and family offices .
in the recent commercial real estate news , read about our new hires and office layouts . read more
michael halperin has over 25 years of real estate finance , workout and investment experience , including 21 years focused on distressed and opportunistic real estate transactions throughout the united states and europe . he has been a senior member of contrarian capital management’s real estate team for over twelve years and serves on the real estate investment committee and firm’s valuation committee . at contrarian , he is responsible for acquisitions of distressed / opportunistic real estate and real estate debt , and identifying and managing joint ventures with local operating partners . contrarian capital management is an institutional investment manager with over $ 4 . 7 billion of assets under m . . .
mr . valger is a seasoned real estate private equity executive with more than 20 years of experience managing people , originating , structuring and underwriting real estate and corporate private equity transactions . mr . valger has been personally responsible for originating and closing in excess of $ 6 billion ( in total capitalization ) of real estate transactions . mr . valger founded dvo to invest in multifamily real estate opportunities nationally with a focus on ‘gap’ equity investment structures . dvo real estate is a private real estate investment firm focused exclusively on providing equity solutions for middle - market , multifamily investments in select markets across the united stat . . .
harrison street is a real estate private equity firm founded in 2005 that directly and through its affiliates , manages approximately $ 14 . 6 billion in aum in its commingled funds & public securities products . the firm ' s offerings are differentiated , disciplined in focus . . .
harrison street has a series of discretionary , commingled real estate funds , including an opportunistic closed - end fund series and an open - end real estate fund , that have raised more than $ 5 billion in discretionary equity capital . the company manages investments for more than 150 institutional clients , including retirement funds , insurance companies , foundations , endowments and high - net - worth individuals .
matt rauenhorst , senior director of real estate development , on the station on washington’s retail component . read more
glenn r . mueller , ph . d . dr . mueller has 42 years of real estate industry experience , including 35 years of research . mueller is internationally known for his market cycle research on income producing real estate , his real estate securities analysis ( reits ) research and his public and private market investment strategies and capital markets analysis . he is a professor at university of denver’s , f . l burns school of real estate & construction management , teaching and doing research in real estate market cycles , development , feasibility , investments and real estate capital markets ( reits & cmbs ) . the academic program started in 1938 and offer . . .
harrison street’s dedicated team provides the sourcing , asset management , capital raising , debt management , accounting , legal , investor reporting , research and compliance associated with its investment products .
michael cohen serves as director of advisory services with costar portfolio strategy . with offices in boston , washington , d . c . and london , costar portfolio strategy is the leading provider of independent commercial real estate research and portfolio strategy services to the institutional real estate community . with views on markets in the united states and europe , the firm provides clients with expertise in real estate market analysis , real estate portfolio analysis , mortgage risk analysis , and the design of productive real estate investment strategies . clients include commercial banks , insurance companies , wall street firms , rating agencies , government agencies , pension funds , sovereign wea . . .
tim wang is a managing director and the head of investment research at clarion partners . he helps manage the firm’s $ 45 billion of commercial real estate investments , and leads the research group in supporting the development of investment strategy and advising on portfolio strategy through proprietary analytics and econometric forecasting . he joined the firm in 2006 and is a member of clarion partners’ investment committee . he is a frequent guest speaker at real estate investment conferences , has published numerous real estate research articles , and has co - authored five real estate strategy books , including active private equity real estate strategy ( 2009 ) , guide to u . s . real estate investi . . .
one beacon street 14th floor boston , ma 02108 t . 877 . 526 . 3562
“campus crest communities has a strong portfolio of attractive properties that complement harrison street’s existing high - quality student housing assets . the need for student housing continues to grow and we believe this sector has strong long - term fundamentals that will drive sustainable returns , ” christopher merrill , co - founder , president & ceo of harrison street told multi - housing news .
christopher t . kelly is a managing director and head of commercial real estate ( cre ) lending at amherst capital management . in this role , chris is responsible for all facets of amherst capital’s cre middle - market lending business , targeting senior mortgage investments in all types of commercial and for - rent residential real estate assets . a 28 - year commercial real estate professional , chris has extensive experience in real estate debt , mezzanine and equity markets . prior to joining amherst capital , chris was a managing director and head of real estate at capitalsource , a division of pacific western bank , responsible for all facets of the national real estate lending business . previous . . .
prior to founding harrison street , merrill was a partner , owner and managing director of a u . s . pension fund advisory firm , where he created the first - ever real estate funds exclusively targeting the markets of central europe . at the time , that was also an innovative proposition .
the top 10 competitors in harrison street ' s competitive set are silfern , ascendance partners , drake real estate partners , seavesthcp , healthcare trust , omega , care capital properties , seavestinc , ventas and e4e . together they have raised over 837 . 3m between their estimated 3 . 9k employees .
when he heard these comments and a few others , christopher merrill , harrison street ' s co - founder , president and ceo , beamed like a kid opening a christmas present .
jeffrey w . gardner – director , client portfolio management mr . gardner . joined invesco real estate in 2013 as a director in the global client portfolio management team . he is responsible for business development , investor relations and managing the fund formation and capital raising process for invesco real estate’s asia - pacific , european and u . s . value - add , opportunistic and credit funds . he also supports existing and new client relationships . prior to joining invesco real estate , mr . gardner was with the carlyle group where he was a senior associate on the real estate solutions team ( metropolitan real estate ) , a private equity real estate fund - of - funds sp . . .
mrs . pearce is a director with ss & c technologies within the real assets division of globeops . prior to joining ss & c , amy worked in the real estate division of state street corporation , morgan stanley real estate investing and ernst & young . in her role , she is responsible for developing relationships and overseeing operation teams in serving ss & c real asset clients . amy holds a bachelor of science from virginia tech .
“adoption by the major players in the real estate industry has been slow in coming , ” said gillespie . “that’s definitely changing , where a lot of the forward - looking real estate companies are now actively looking for innovation . ”
harrison street’s on and off campus student housing strategy has made the firm a leader in a highly - fragmented , yet growing marketplace . harrison street focuses on four - year public universities that continue to increase enrollment and possess strong demographics . most public universities can only accommodate 30 % of students in traditional on - campus housing , forcing others to seek off - campus solutions .
press release : harrison street : shareholder alert : brower piven commences an investigation into the proposed sale of campus crest communities , inc . and encourages investors to contact the firm for additional information
fast - growing real estate services firm expands with 35 local hires , now manages 10 million square fee . . .
joe downs , senior director of real estate development , shares insights into st . louis’ outlook for 2015 . read more
ryan companies us , inc . , life care services® , an lcs company , and harrison street real estate capital , along with government officials from hendersonville , celebrated the start of construction of clarendale at indian lake , a $ 48 . 5 million , 189 - residence senior living community in hendersonville , tenn .
merrill is also on the board and a controlling principal of harrison street securities l . l . c . , a registered investment advisor that currently manages approximately $ 800 million in reit securities .
mr . brown is a partner at lgt clerestory llc . he has more than 23 years of real estate experience . prior to lgt clerestory llc , he was global head of real estate for deutsche bank private wealth management , based in london . the majority of his career was spent with jpmorgan real estate investment banking in london , new york and frankfurt .
the lack of student housing remains a prevalent issue in the u . s . , as public universities can only accommodate 30 percent of students in traditional on - campus housing , leaving many students with no options aside from seeking out off - campus student housing , according to harrison street . to address this problem , harrison street’s student housing strategy focuses on providing the much - needed accommodations .
michael dombai - director , real estate services michael dombai is a director in cortland’s private equity and real estate services group . michael manages the relationships for cortland’s clients that invest in all real estate assets classes including , debt , equity , securities and structured products . prior to joining cortland , michael directed all business development activities for commercial real estate services within lasalle bank ' s global securities and trust services group . michael graduated from depaul university with a bachelor of science degree in finance .
current responsibilities paul foye is the marsh us real estate practice leader . . his fields of expertise include : real estate and hospitality risk and insurance programs . owner and contractor controlled insurance programs . captive insurance company management and administration . he has 28 years of experience in the risk and insurance business as an underwriter , risk manager and broker . at marsh he has spent 14 year as a client executive and most recently east coast real estate practice leader . in this capacity he ledmarsh teams on major real estate clients including but not limited to : aew capital management , tiaa - cref real estate . . .
pacific alternative asset management co . llc best places to work : winners of 2014 the blackstone group lp national real estate advisors
toronto and chicago , july 05 , 2018 ( globe newswire ) - - leading global commercial real estate services . . .
lee has over 15 years of direct experience in real estate investment , private and institutional capital markets with a focus on structuring and placement of equity capital . with deep experience in real estate including roles in investment banking , advisory , and institutional capital markets he has a broad range of experience across the real estate investment spectrum . lee ' s career has been focused on working with institutional and private capital investor to execute their specific real estate strategy , including the selection of managers across real estate product types to execute specific portfolio strategies based on thier portfolio goals . prior to lee’s current focus in the healthcare . . .
compass helps local real estate professionals by combining its digital tools with customized marketing strategies . the company hand - selects agents and arms them with up - to - date real estate data , ultimately guiding them in making more informed decisions for their clients .
to continue its growth , harrison street has recently expanded into student housing in europe with the close of its first european development , mill street , located in dublin . as part of a joint venture with gsa investment management , the partnership will invest $ 285 million in the project over the next five years .
mr . holm is a managing director in the ares real estate group , where he focuses on u . s . real estate equity . additionally , he serves on the ares real estate group u . s . equity investment committee . prior to joining ares in 2013 , he was a principal at area property partners . previously , mr . holm was an analyst at lazard , where he focused on real estate investment banking . mr . holm holds a b . a . , summa cum laude , from harvard college in government .
against the changing landscape of the real estate industry , the raymond james real estate investment banking group remains a steady source of straightforward counsel and quality execution . our 30 years of real estate advisory experience enhance our services , from individualized guidance to the creative structuring necessary to raise capital successfully and efficiently for both public and private companies . since 2005 , the raymond james real estate group has completed over 300 public capital offerings , earning a reputation as an industry leader for both public and private capital raising , m & a and debt restructuring .
campus crest’s current portfolio of high - quality student housing properties encompasses over 38 , 000 beds across the united states . harrison street has retained asset campus housing as the new , third party property manager for the portfolio .
christopher merrill , co - founder , president and ceo of harrison street , said , “we are pleased to have completed this complex transaction which will add over 38 , 000 beds to our student housing portfolio . given our focus on long - term , need - based real estate , we believe this investment fits well within our current student housing portfolio . ”
matthew cudrin focuses on representing opportunity funds , major developers , lenders , property owners and investors in structuring , negotiating and closing varied and complex commercial real estate transactions throughout the united states covering nearly every asset class . mr . cudrin is a partner in the firm’s real estate client service group and member of its real estate private equity and reits team . he was previously with bryan cave from 2005 until 2014 .
newmark knight frank boston 225 franklin street 33rd floor boston , ma 02110 t . 617 . 863 . 8090
brandon sedloff is managing director and head of business development at juniper square , a san francisco - based technology company transforming the way gp ' s and lp ' s in real estate exchange information . prior to juniper square brandon was global head of corporate development at the urban land institute ( uli ) , a global real estate research and education institute . brandon was the founder and remains the chair ( a volunteer role ) of uli ' s real estate + technology initiative bringing together real estate owners , operators , reit ' s , and investors with technology companies working to evolve the real estate industry . previously , brandon spent nearly 7 years in hong kong where he was head . . .
mr . morgenroth is a senior vice president and commercial real estate portfolio manager in pimco’s new york office . his responsibilities include sourcing , underwriting and managing opportunistic equity and debt real estate investments across various property types . prior to joining pimco in 2012 , he was responsible for the sourcing , structuring and management of real estate investments throughout the u . s . at area property partners . previously , he held positions in the real estate investment banking and principal investing groups at morgan stanley . he holds a bachelor’s degree in applied economics and management from cornell university .
in accordance with the terms of the merger agreement dated as of october 16 , 2015 , an affiliate of harrison street acquired campus crest by way of merger . the gross transaction is valued at approximately $ 1 . 9 billion .
mr . solomon , managing partner of ravinia capital group llc ( www . raviniagroup . com ) is a chicago - based real estate professional with over 25 years of public market and private market real estate experience . mr . solomon has been responsible for the investment , financing or sale of more than $ 5 billion of office , industrial , retail and multi - family real estate . these transactions include single - asset and portfolio investments , equity joint ventures , distressed debt acquisitions and other real estate assets . other companies in which he had retained leadership positions with include avison young ( head of us capital markets ) , trizec properties ( svp acquisitions ) and soros fund real estate ( evp ) . . . .
registered in england and wales . registered no : 6941936 . registered office : 1 alie street , london e1 8de
michael is co - founder + ceo of compstak . compstak creates transparency in commercial real estate by gathering information that is hard to find , difficult to compile or otherwise unavailable . the world’s largest brokerage firms and preeminent real estate investors use compstak’s commercial real estate data to compare properties and make investment decisions . since launching compstak in early 2012 , michael has helped navigate the company through tremendous growth , with over $ 17 million raised , 70 major markets launched , and a growing team . he has been named 30 under 30 by real estate new york , and a rising star by the real deal . michael is a regular speaker on the . . .
placester helps real estate professionals manage and post their listings online by providing tools like a crm for nurturing leads and custom websites for real estate agents . headquartered in boston , the company purchased longtime online listing site homefinder in march 2016 and is looking to double its engineering team here in chicago .
bob gillespie , executive director of the elmspring accelerator , believes that’s all about to change . his accelerator , which is backed by real estate companies like harrison street , waterton and century 21 affiliated , has seen a significant uptick both in quality and quantity of applicants over the past two years , from 40 applicants during its inaugural class to well over 100 for the most recent cohort .
these are need - based real estate investments where occupancy is not driven all by economic cycles ,
says merrill , ceo of the $ 8 billion ( assets ) chicago - based asset manager .
one investing mistake people make in real estate is being tied to the economic cycle .
with 20 years’ real estate experience , randy is a managing director and oversees the firm’s equity portfolio management team in americas , which is responsible for all equity funds and separate accounts totaling in excess of $ 50bn in gross assets under management . he also sits on the th real estate americas investment committee .
andrew jacobs is a senior investment professional at metropolitan real estate equity management and a voting member of the investment committee of same . andrew is responsible for identifying , evaluating and overseeing real estate private equity fund managers and investment opportunities . investments span the capital stack , property types and global markets . andrew also seeks and reviews opportunities to purchase interests in underlying funds on the secondary market . in addition to his responsibilities at metropolitan , andrew is an adjunct professor of real estate finance at columbia business school where he teaches a capstone real estate class to fourth term mba students . for the ten years p . . .
to give you a sense of how wide - ranging chicago’s real estate tech scene is , here are some examples of companies working each of those angles .
merrill ' s theory was that he could get higher risk - adjusted returns investing in asset classes that were hard to access and were fragmented - - those would be more shielded from economic downturns than traditional real estate properties . even in bad times , people send their kids to college and their parents to assisted - living facilities . what he didn ' t realize was that this investment thesis would be put to the test practically from the get - go with the massive real estate bust of 2008 , just a few years after harrison street had opened its doors .
michelle is based in los angeles and has > 20 years experience in real estate working with fund managers , public and private reits , operators and institutional investors . prior to forming crosscon , she was head of capital raising for the macquarie real estate group in north america . michelle has been a managing director at bear stearns where she led origination , due diligence and capital raising efforts for third party real estate funds . she launched her career with kenneth leventhal in 1991 , and has held senior positions at sl green realty as head of investor relations , citigroup property investors where she assisted in launching citigroup’s first real estate fund of funds and ernst and youn . . .
ari is a successful attorney and a real estate entrepreneur dedicated to building wealth for his clients . he founded rastegar equity partners ( formerly rastegar capital , llc ) as a best - in - class private equity real estate firm to provide access , transparency and superior service to his growing institutional and high - net worth investor base across a broad range of commercial real estate investments . even during his law school years , ari was busy building and growing a real estate development company . his keen understanding of the market and talent in structuring deals quickly built up this “side business” into a small enterprise which he had the foresight to exit near the peak of . . .
henry manoucheri’s successful real estate career spans over 30 years . mr . manoucheri began his real estate career in 1985 at marcus & millichap , a prominent southern california real estate brokerage company in 1985 and quickly became one of the company’s top salespersons . over a career spanning over three decades , mr . manoucheri has negotiated over $ 500 , 000 , 000 of transactions involving multi - family housing , office and commercial properties , shopping centers and land . mr . manoucheri formed global integrity realty corporation in 2000 . within the first year , the company’s assets under management grew from three times , from 400 to 1 , 200 units . with his decades of real estate exp . . .
robin potts , co - head of real estate investments , director of acquisitions , is responsible for overseeing the originations and acquisitions of debt and equity investments across cpre’s real estate platforms as well as holds a seat on all real estate investment committees . prior to becoming co - head , ms . potts was responsible for the originations and acquisitions in the southeast , texas and midwest regions of the u . s . , and facilitated the acquisition , financing and development of over $ 3 billion of commercial real estate transactions for cpre across all asset classes including multifamily , condominiums , office , retail , hospitality , and mixed use . ms . potts previously worked in the financial ins . . .
alex abrams , director mr . abrams focuses on real estate investments . prior to joining stepstone , mr . abrams was a principal at gcm grosvenor , focused on its real estate primary funds and co - investment businesses ( previously part of credit suisse as the customized fund investment group ) . previously , mr . abrams was an associate attorney at goodwin procter and orrick focused on private real estate investments and fund formation . mr . abrams received a jd from boston college law school and a ba from the university of pennsylvania .
andrew moylan joined preqin in 2007 and is head of real estate products . andrew is responsible for the overall strategy of preqin’s real estate business , developing and promoting award - winning products , producing and editing real estate focused research , and managing other strategic initiatives . andrew is a regular contributor of articles and features in the financial press and his research has featured in the financial times and the wall street journal as well as in specialist media . andrew has a ba from the university of manchester . preqin is the alternative assets industry’s leading source of data and intelligence with over 350 staff based in new york , london , san francisco , singapore , ho . . .
two of the firm ' s co - founders — michael galvin and christopher galvin — are grandsons of the founder of motorola , and links to that company run from the name ( harrison street was the site of the company that became motorola ) to professional development efforts . firm executives offer harrison street university for employees , investors and operating partners free of charge . the program is patterned after motorola university , a six sigma training program that teaches people to look for potential defects in systems and has an in - house staff that runs it , mr . merrill said .
innovative approaches to real estate finance are old hat for merrill , 44 . during the 1990s he kicked off his investing career making bets on central european real estate in the years following the fall of the berlin wall . when he returned to the u . s . in 2000 , he realized that noncyclical events - - like a wave of new capitalists in the eastern bloc - - make the best investment catalysts . he honed in on areas like self - storage and student housing , which had not traditionally attracted serious institutional investment . in 2005 he founded harrison street with former motorola ceo christopher galvin and his brother , michael , both grandsons of motorola ' s founder .
despite being one of the world economy’s largest business sectors , the real estate industry has seen surprisingly little technological transformation — particularly when compared to verticals like energy , transportation and financial services .
i guess it ' s the nature of real estate companies ( they ' re not always super occupied ) , but there were time when we literally just have no work to do .
joseph azrack is the principal owner of azrack & company , an investment and advisory firm focused on the real estate industry . azrack has over 30 years of real estate investment experience and was previously managing partner and chairman of apollo global management ' s real estate business , as well as ceo and chairman of aew capital management . azrack holds an m . b . a . from columbia university and a b . s . from villanova university . he is a trustee of the urban land institute and adjunct professor at columbia university ' s graduate school of business administration .
philip g . mader , managing director , senior portfolio manager , is a member of the real estate team within blackrocks portfolio management group . blackrock is a global investment management firm with $ 4 . 6 trillion in assets under management . philip has 24 years of real estate investment and development experience as both an investment manager and operator . philip heads up real estates land and housing sector and is the senior portfolio manager of the residential opportunity fund . philip focuses on capitalizing on opportunities in the u . s . land , residential real estate , and capital markets and seeks to acquire land , create value through the planning process , land development , and vertical bu . . .
“the acquisition of campus crest communities builds upon harrison street’s existing student housing strategy , which will continue to be a core focus for the firm going forward . rising student enrollments at targeted universities , favorable demographics and continued state funding shortfalls drive the need for additional student housing on a national level , ” merrill added .
bradley petersen is a director at garrison investment group , where he focuses on fundraising , business development and investor relations for the multi - strategy investment manager . prior to joining garrison in 2016 , mr . petersen was a director at aetos capital real estate , lp , a private equity real estate fund that executes a value - add strategy to real estate assets in asia , primarily japan . prior to aetos , mr . petersen was an associate at morgan stanley where he worked in the fixed income department and was responsible for subscription facility client management . previously , mr . petersen worked at cravath , swaine and moore llp . mr . petersen is an active participant of the pension real e . . .
ryan companies us , inc . corporate headquarters 533 south third street , suite 100 minneapolis , mn 55415 612 - 492 - 4000 contact @ urltoken see national offices
founded in 2005 , harrison street has grown into one of the largest and most experienced investment platforms exclusively focused on investments in the education , healthcare and storage sectors . the firm has and will continue to target these sectors because it believes they exhibit strong demographic trends , demonstrable demand drivers , and / or other attributes favorable for investment .
sasha bernier is a senior vice - president and investment committee member of cheltenham investments , a single family office focused on investing in both debt and equity primarily in real estate opportunities and lower middle market companies . mr . bernier formerly served as a vice president of revere capital , a real estate debt fund with the responsibility for underwriting and structuring new investment opportunities in the real estate debt space . sasha bernier has also worked at investment funds gsc group , a credit focused hedge fund , and barrington capital , a debt and equity event driven hedge fund . mr . bernier graduated from the university of north carolina at . . .