Firm Re-enters Market as New Supply Tapers and Demand for Rental Housing Remains Strong (July 31, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired 365 Nicollet, a 370-unit, 30-story high-rise apartment community in downtown Minneapolis, MN. The seller was a joint venture between Opus…
Jul
15
2025
(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…
Jun
26
2025
(June 16, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired Brackett Apartments, a 386-unit garden style apartment community in Edmonds, WA. The low density rental community, located at 9501 244th St. SW, includes 23 three-story residential buildings and two clubhouses across 22 acres in north…
Apr
30
2025
(April 30, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced the hiring of Kristi Nootens as Senior Vice President, Development. Ms. Nootens will be based in New York, NY and brings a track record of real estate transactions experience to the team with a specific focus on joint…
Apr
14
2025
(April 14, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired Skye at Belltown, a 371-unit high rise apartment community in downtown Seattle, WA. Located at 500 Wall St. and featuring unobstructed views of the renowned Space Needle, the community is walking distance from the city’s…
Jan
21
2025
(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…
Jan
15
2025
(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…
Jan
07
2025
Waterton Acquires 347-Unit G12 Apartment Community in Los Angeles (January 7, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired the G12, a 347 unit mid-rise apartment community in downtown Los Angeles (DTLA). Located at 1200 South Grand Ave. in the South Park neighborhood, the community…
Dec
17
2024
Waterton Acquires 137-Key Hotel in Sedona, AZ (December 18, 2024 – Sedona, AZ) – Waterton, a Chicago-based national real estate investor and operator, today announced the acquisition of Poco Diablo Resort, a 137-key hotel in Sedona, AZ. Situated on 18 acres adjacent to Oak Creek, the property will be repositioned and re-branded as Outbound Sedona.…
Oct
29
2024
Waterton Acquires 326-Unit Residences at Stevens Pond in Saugus, MA (October 30, 2024 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired Residences at Stevens Pond, a 326-unit garden style rental community in Saugus, MA in Boston’s northern suburbs. The variety of floor plan options – including…