“Raise your hand,” she said. “I’m busy, but I’ll make time.”
As the president and CEO of WATT CAPITAL PARTNERS, a Santa Monica-based real estate company with more than $900 million in AUM and deep ties to USC, Watt is giving back to her community by investing in workforce housing and nurturing the Trojan Family Network.
“I was the only woman in the room for a long time,” she said. “It’s my obligation to help and mentor young women to become executives and get into the C-suite.”
Today, Watt has overseen the development of over 50 properties, totaling some 6 million square feet, with more than half of it in L.A. County, where her grandfather launched the company to build housing for GIs returning from WWII. Her grandfather also sat on the USC Board of Trustees from 1969 until 2009.
Watt spent more than a decade as president of the company before being named CEO in 2020, just a few months before the pandemic hit and closed office buildings across the country. But she’d recognized changes in the retail market years earlier and led a shift away from project management to more asset management and multi-family housing units.
“Being a good leader is about change management,” shesaid. “When you’re running a business, leading is a lot about talking people through change. People don’t like change. So you have to help them.”
Watt credits the many women on her executive team with helping create a more fluid work environment that she hopes will bring more women into the ranks. Women in leadership and board positions bring diversity of thought and perspective, she said. “It’s a new way of thinking that women bring to the table. For many years our board had no women, and I was the first one and brought more women in.”