Multifamily investor Waterton has sold an 81-unit apartment complex in Chicago for almost $35 million, less than the amount it paid almost seven years ago, as rising interest rates and scarcity of debt weigh down prices.
Waterton Sells Chicago Apartments for Well Below 2017 Price
JAB Real Estate Buys 81-Unit Complex for Almost $35 Million As Sales Remain Sluggish
By Ryan Ori
CoStar News
March 4, 2024 | 7:57 P.M.
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IN THIS ARTICLE
- Properties
- The Aberdeen West Loop
20 Aberdeen St, Chicago, IL
- Companies
- Waterton
Real Estate