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Waterton Sells Minority Stake as It Eyes Single-Family Rentals, Other Expansion

Almanac Realty Investors Buys Into Chicago-Based Firm That Owns Apartments, Hotels and Senior Housing
Waterton’s investments include the four-building Presidential Towers complex in Chicago, where the firm is based. (Justin Schmidt/CoStar)
Waterton’s investments include the four-building Presidential Towers complex in Chicago, where the firm is based. (Justin Schmidt/CoStar)
CoStar News
May 20, 2022 | 8:00 AM

Waterton, a Chicago-based real estate investor with more than $9 billion of real estate throughout the country, has sold a minority stake in the company to Almanac Realty Investors.

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