COMPANY·HISTORIES
NAIC 531110

Lessors of Residential Buildings

How the companies in this industry began, and the forces that shaped them.

15companies1889–1990founding years15still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedHongkong Land Holdings Limited
1889
FoundedAlexander & Baldwin, Inc.
1900
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedLand Securities PLC
1905
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedMitsubishi Estate Company, Limited
1937
1939
EconomyWorld War II begins; wartime production surges.
FoundedIRSA Inversiones y Representaciones S.A.
1943
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedWalter Industries, Inc.
1955
FoundedH.J. Russell & CompanyFoundedSilverstein Properties, Inc.
1957
1958
TechnologyThe integrated circuit is demonstrated.
FoundedForest City Enterprises, Inc.
1960
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedGenting Bhd.
1965
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
FoundedThe Trump Organization
1974
1975
TechnologyThe personal-computer era begins.
FoundedJPI
1976
FoundedTishman Speyer Properties, L.P.
1978
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedILX Resorts Incorporated
1986
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
FoundedBerkshire Realty Holdings, L.P.
1990
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Hongkong Land Holdings Limited →
Active · founded 1889 · Hong Kong
Hongkong Land Holdings Limited is one of Hong Kong's foremost property investment, development, and management…
Alexander & Baldwin, Inc. →
Active · founded 1900
Alexander & Baldwin, Inc., one of the original 'Big Five' Hawaiian companies, is a diversified corporation with…
Land Securities PLC →
Active · founded 1905 · United Kingdom
Unlike most of its competitors, Land Securities PLC has achieved and maintained its position as the United Kingdom's…
Mitsubishi Estate Company, Limited →
Active · founded 1937 · Japan
A unit of the Mitsubishi Group, Mitsubishi Estate Company, Limited (MEC) is one of the foremost real estate management,…
IRSA Inversiones y Representaciones S.A. →
Active · founded 1943 · Argentina
In the space of less than a decade--the 1990s--IRSA Inversiones y Representaciones S.A.
Walter Industries, Inc. →
Active · founded 1955
Walter Industries, Inc., is a holding company that owns home building, natural resources development, and industrial…
H.J. Russell & Company →
Active · founded 1957 · United States
H.J.
Silverstein Properties, Inc. →
Active · founded 1957
Silverstein Properties, Inc.
Forest City Enterprises, Inc. →
Active · founded 1960
Late 1920s:[fsps*2.5]Charles and Leonard form B & F Building Co.
Genting Bhd. →
Active · founded 1965 · Malaysia
Genting Bhd.
The Trump Organization →
Active · founded 1974
The Trump Organization presides over the assets of the Trump family and serves as the umbrella for the many business…
JPI →
Active · founded 1976
JPI is the largest U.S.
Tishman Speyer Properties, L.P. →
Active · founded 1978
Tishman Speyer Properties, L.P.
ILX Resorts Incorporated →
Active · founded 1986
While some still equate the word "timeshare" with fraud or scams, the concept of owning a small piece of a resort or…
Berkshire Realty Holdings, L.P. →
Active · founded 1990
Berkshire Realty Holdings, L.P.
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