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About Byron Reed Company


Byron Reed Company was founded in March 1856 by Mr. Byron Reed, an Ohio native  who came to Nebraska in the 1800’s as a pioneer.  He was a surveyor, abstractor and land developer and created many of the subdivisions here today.   He also performed the original survey for the City of Omaha before opening the first real estate office in the State.  In 1890, Byron Reed turned the presidency of the company over to his son, Abraham Lincoln Reed. A.L. Reed continued the traditions established by his father and helped turn Omaha from a frontier town into a prosperous city.

A.L. Reed sold the company to U.S. National Bank of Omaha in the late 1920’s.  The bank added property management, brokerage and insurance to the company’s list of services.  After passage of the Glass-Seagal Act in 1933-34, the bank was required to divest of non-banking business and the company was sold to three employees -- Campbell, Nickerson and Peterson.  These men grew the company considerably through World War II.

In 1946 ownership reverted to just Nickerson and Peterson.  Peterson served as president until his death in 1955.  Peterson’s son came into the business and ultimately consolidated all ownership under his control and became president in 1969.

In December of 2003, Byron Reed Company was sold to new ownership and today the Company is led by R. Michael Alt who serves as President. Alt began his career with the company as a Property Manager in 1989.

Today the company specializes in property management and investment and the current portfolio consists of numerous apartments, warehouses, office buildings, and commercial strip centers throughout the Omaha metro area. It also provides management services for townhome and condominium associations.

In a paper to the State Historical Society on January 12, 1892, William Beckett said:

In his method and manner of working, Byron Reed was an example which it were profitable for any man to study. Accuracy, thoroughness, patient application of means to ends; in these he put his trust. All his dealings were marked by exactness and attention to detail. No point was overlooked, no contingency was left unprovided for. To live worthily and obtain a good name among the men of his time was his highest ambition.

We are proud of our history and maintain the philosophy of exactness and attention to detail Byron Reed established 150 years ago.

 


 Copyright © 2007-2008, Byron Reed Company, Inc.