Pearlmark and Waterton Announce the Closing of a $53.2 million Mezzanine Debt Investment with The McBride Cohen Company for Multifamily Development in Tempe, Arizona Chicago, IL (June 1, 2023) – Pearlmark, in partnership with Waterton, announced that it closed on a $53.2 million mezzanine debt investment for the development of the first phase of South…
Author Archives: Waterton Residential
May
16
2023
Waterton Hires Matt Porath as Senior Vice President of Investor Relations (May 16, 2023 – Chicago, IL.) – Waterton, a national real estate investor and operator, today announced the hiring of Matt Porath as a senior vice president of investor relations. Based out of Cleveland, OH, Mr. Porath brings over 15 years of investor relations,…
Apr
27
2023
Waterton Enters Philadelphia Market with Acquisition of 230-unit The Point at Glen Mills (April 28, 2023 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired The Point at Glen Mills (The Point) in Glen Mills, PA marking its first acquisition in the Philadelphia metro. Located in the…
Mar
19
2023
Waterton Re-enters Seattle Market With Acquisition of 128 On State Rental Community In Kirkland, WA (March 20, 2023 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it will re-enter the Seattle market with the acquisition of a 123-unit, garden style apartment community in Kirkland, WA. Located at 128 State…
Nov
07
2022
Waterton Acquires 406-Unit Veranda La Mesa Apartments In Suburban San Diego (November 8, 2022 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired the 406-unit Veranda La Mesa apartment community at 5353 Baltimore Dr. in La Mesa, CA, a popular suburb of San Diego. This marks the…
Oct
18
2022
Waterton Acquires 496-Unit Alta Roosevelt Apartment Community in Chicago, IL (October 19, 2022 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired the 496-unit Alta Roosevelt Apartments at 801 S. Financial Place in Chicago, IL. Situated in the South Loop and minutes from other well-known economic drivers…
Aug
09
2022
Waterton Acquires 434-Unit Mission Gate Apartment Community in Plano, TX (August 10, 2022 – Plano, TX) – Waterton, a national real estate investor and operator, today announced it has acquired Mission Gate Apartments at 8025 Ohio Dr, Plano, TX. The 24-acre community includes 13 three-story residential buildings and a clubhouse. “The value add potential at…
Jul
10
2022
WATERTON WELCOMES MARKETING VETERAN CHRISTINA STEEG AS SENIOR VICE PRESIDENT MARKETING & COMMUNICATIONS (July 11, 2022 – Chicago, IL.) – Waterton, a national real estate investor and operator, today announced that Christina Steeg will join the firm as senior vice president, marketing and communications. Ms. Steeg will be responsible for overseeing the strategic direction of…
May
25
2022
Waterton Acquires 736-Unit Terracina Apartment Community In Ontario, CA (May 26, 2022 – Chicago, IL) –Waterton, a national real estate investor and operator, today announced it has acquired Terracina at 3303 S Archibald Ave. in Ontario, CA. The 41.3-acre community includes 46 two-story residential buildings comprising 736 apartment homes and a clubhouse. The property will…
May
19
2022
Waterton And Almanac Realty Investors Announce Strategic Minority Investment (May 20, 2022 – Chicago, IL) – Waterton, a national real estate investor and operator, and Almanac Realty Investors (“Almanac”), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake…