Category Archives: Uncategorized

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

(July 15, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, announced today that after more than 40 years in real estate investment and 12 years of distinguished Waterton service, Rick Hurd will retire from his role as Managing Partner, Investment Management. Industry veteran John W. Gray has been hired to…

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Waterton Waterton Closes on $16 Million Preferred Equity Investment

(January 21, 2025) Chicago, IL – Waterton, a national real estate investor and operator, today announced a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit, mid-rise apartment building located at 100 N. Broadway in downtown Aurora, IL. The project is sponsored by Chicago-based firm DAC Developments with…

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Waterton Provides $69.2 Million Senior Construction Loan for Multifamily Development in Vancouver, WA

(January 8, 2025) Chicago, IL– Waterton, in partnership with Strathcona Capital, today announced it has provided a $69.2 million senior construction loan for the development of 12th & Main, a seven-story, 198-unit, mid-rise apartment building in Vancouver, WA. The borrower, Oregon-based Pahlisch Commercial, commenced construction in December 2024 and the project is expected to be…

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Waterton Welcomes Don Larsen as Senior Vice President of Capital Program Management

Waterton Welcomes Don Larsen as Senior Vice President of Capital Program Management (January 25, 2024 – Chicago, IL.) – Waterton, a national real estate investor and operator, has appointed Don Larsen as senior vice president of capital program management. Bringing over 30 years of experience in construction leadership to the role, Mr. Larsen will be…

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Waterton Grows Greater Boston Multifamily Footprint

Waterton Grows Greater Boston Multifamily Footprint With Acquisition Of 200-Unit Amelia Apartments In Quincy, MA (June 29, 2021 – Quincy, MA) – Waterton, a national real estate investor and operator, today announced it has acquired The Amelia apartment community at 10 Faxon Ave. in Quincy, MA. Built in 2006, the 200-unit, 10-story rental tower features…

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Waterton Hires Christopher Kersten, VP Reporting and Business Intelligence

Waterton Hires Christopher Kersten as Vice President, Reporting and Business Intelligence (April 30, 2020 – Chicago, IL.) – Waterton, a national real estate investor and operator, today announced the hiring of Christopher Kersten as vice president, reporting and business intelligence. Mr. Kersten brings 15 years of data management and business intelligence experience to Waterton and…

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