Waterton Sells Chicago Apartments for Big Profit

Waterton just cashed out big time on Chicago’s Grand Central apartments, flipping the South Loop complex for $103.5M — nearly $22M more than their $81M purchase just under two years ago. The deal, completed with RPM Living as buyer and Newmark handling both sides, highlights Waterton’s aggressive real estate strategy, fueled by Chicago’s soaring rental market and lack of new supply. RPM Living, meanwhile, keeps up the pace with its own $100M+ acquisition, proving this is a city where big players are moving fast and profiting big. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e66fe41d99efe691