Washington REIT

Founded: 1960 • Age: 66 yrs
Operates as a real estate investment company specializing in property assets.

About Washington REIT

Washington REIT is a company founded in 1960. It operates as a B2B. The company has 243 employees as of February 29, 2024. Washington REIT has completed 1 acquisition, including Live The Wellington. Washington REIT operates in a competitive market with competitors including Vornado, Griffin Capital Company, Arbor Realty Trust, Americold and CoreCivic, among others.

  • Employees 243 as on 29 Feb, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $700 M (USD), Debt – Conventional

    Mar 29, 2018

  • Investors
  • Employee Count
    243

    as on Feb 29, 2024

  • Investments & Acquisitions
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People of Washington REIT
Headcount 10-50
Employee Profiles 19
Board Members and Advisors 7
Employee Profiles
People
Paul T. McDermott
President & CEO
People
Stephen E. Riffee
CFO
People
Thomas Q. Bakke
COO
People
Andrew E. Leahy
VP, Investments

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Board Members and Advisors
people
Edward S. Civera
Trustee
people
Ellen M. Goitia
Trustee
people
William G. Byrnes
Trustee
people
Anthony L. Winns
Trustee

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Funding Insights of Washington REIT

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $700.0M
  • First Round

    (01 Jan 2007)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Debt – Conventional - Washington REIT Valuation

investors

Sep, 2012 Amount Debt – Conventional - Washington REIT Valuation

investors

Jan, 2007 Amount Post-IPO - Washington REIT Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Washington REIT

Washington REIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Live The Wellington. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online brokerage services for luxury apartment rentals are offered.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Washington REIT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Washington Reit Comparisons

Employees
+
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Competitors of Washington REIT

Washington REIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vornado, Griffin Capital Company, Arbor Realty Trust, Americold and CoreCivic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Diversified equity REIT that invests in office, industrial, and commercial real estate properties
domain founded_year HQ Location
Wealth management firm & equity REIT investing in healthcare, office, industrial & retail properties
domain founded_year HQ Location
REIT that invests in multifamily and commercial real estate industries
domain founded_year HQ Location
Temperature-controlled warehousing and logistics services are provided globally.
domain founded_year HQ Location
REIT that invests in commercial properties like correctional, detention and residential re-entry facilities
domain founded_year HQ Location
REIT focused on acquisition underwriting and cash flow management
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Washington Reit

Frequently Asked Questions about Washington REIT

When was Washington REIT founded?

Washington REIT was founded in 1960 and raised its 1st funding round 47 years after it was founded.

How many employees does Washington REIT have?

As of Feb 29, 2024, the latest employee count at Washington REIT is 243.

What does Washington REIT do?

Washington REIT operates with a B2B model, focusing on involved in property dealings, managing investments, reits, and managing properties. Operates as a real estate investment company specializing in property assets. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Who are the top competitors of Washington REIT?

Washington REIT's top competitors include Americold, Griffin Capital Company and Arbor Realty Trust.

How many acquisitions has Washington REIT made?

Washington REIT has made 1 acquisition, including Live The Wellington.

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