Adam L. Weis, Chief Executive Officer, Weis Group, Inc.
Adam Weis has more than 25 years of experience strategically investing, purchasing and managing real estate. In 1991, with only a few thousand dollars, credit cards and savings from driving a yellow cab, Weis co-founded the Hartex Property Group specifically to acquire distressed, often crime and gang-affiliated multifamily assets from the RTC, FDIC and other institutions and troubled property owners. Carefully timing the market based from his Dallas, TX Galleria headquarters, Weis acquired, restructured, renovated and repositioned over 14,000 multifamily residential apartment homes while staffing more than 400 employees. Concurrently, Mr. Weis provided majority investment capital in a single-family development company which constructed more than 1,200 townhomes. In 2000, capturing the height of the REIT market, Weis and his partners sold the $500 million portfolio providing the platform for his other business and personal enterprises.
Mr. Weis and his companies have received significant national and international attention, including a featured cover story in the The Wall Street Journal (February, 1998) that heralded his skill in identifying market cycles and distinguished corporate leadership. Mr. Weis was also the winner of the Entrepreneur of the Year Award sponsored by Ernst & Young (1996), both a five-time winner of the INC 500 Award (1996-2000) and the winner of the INC 500 Hall of Fame Award sponsored by INC 500 Magazine (2000), a four-time winner of the PaceSetters Award sponsored by Deloitte & Touche and the Business Journal (1997-2000), a seven-time winner of the Dallas 100 Award sponsored by the CEO Institute and SMU Cox School of Business (1994-2000), and numerous other accolades including Success Magazine’s Top 100 Entrepreneur Award (May, 1998), Business Section cover in The London Times, Forbes Magazine on-line feature story and many other periodicals and publications. Socially, Mr. Weis was recognized and featured by Cosmopolitan Magazine as its first issue, Most Eligible Bachelor in America (1996).
In 2006, upon correctly predicting the upcoming institutional debt collapse and consequential domestic and global economic recession, Mr. Weis founded Weis Group which focuses on the new and ever-changing world market parameters including the revaluation of institutional debt and equity and cross-border financial, sovereign and corporate arbitrage. With this platform, Mr. Weis explored the IPO markets in the UK and Europe (Weis Group Real Estate, 2008) and negotiated through the global market economic recession before further modifying his platform toward more diverse, private investment opportunities.
Mr. Weis is a seasoned investor of scale in areas of Biotechnology and Pharmaceuticals and provided personal seed capital for Merrimack Pharmaceuticals in 2001 which succeeded its IPO on the Nasdaq in 2012 (MACK). Mr. Weis also holds investments in Technologies, Feature Films, Renewable Energy, Healthcare and Medical Devices, Health Clubs, Restaurants and Night Clubs, alternative/opportunistic investments, and Land and the Environment. Mr. Weis has also structured and provided hard money lending , angel investor funding and mentorship services for both start-up and transitional companies and has also explored the parameters of merchant banking. Most recently, Mr. Weis provided the private debt financing and operating capital for two prime New York City real estate parcels currently being developed into luxury condominium buildings in SoHo and the West Village. In his early 20's and while still at university, Weis invented, designed and marketed various athletic and fitness equipment machinery which served as foundation for his earliest company and secured his ever-lasting entrepreneurial ambitions.
Mr. Weis earned an MBA from Harvard Business School (2nd year honors), a GCS from London School of Economics (1st degree honors) and a BA from Tufts University (achieved early graduation with honors). Mr. Weis has also served as a "lecturer of distinction" at Harvard (where he first lectured at the age of 24) and other universities and business associations. Mr. Weis lives primarily between SoHo, NYC and Miami Beach with regular and extended time overseas for both pleasure and business. Recreationally, Mr. Weis earned his private pilot license at 19 years old, has captained his own motor yacht, and also enjoys motorcycling, skiing, horse riding, scuba diving and adventure travels. Mr. Weis enjoys "getting his boots dirty" and lives by example, in that "we have but one life, so live it to the edge with passion."
Real Deal, SoHo, NYC Development, June, 2015.
Wall Street Journal Front Page, February, 1998
Forbes.com, Weis Group Europe, June, 2008
Weis Eyes London Float | News - print | Property Week
Weis Moves To Plunder $1Bn Of US Property | News - print | Property Week
U.S. Property Developer Weis Seeks AIM listing | Reuters
Property Developer Weis To Float On AIM | share and stock market news from Hargreaves Lansdown
US Housing Pain Could Provide Upside For Aim-listed Weis fund - Telegraph
D Magazine, Texas, Hartex Property Group, January, 2000
Weis Development Corp | Intention to Float | FE InvestEgate