Salomon Juan Marcos Villarreal Of GD Holdings Acquires 16-Unit Condo Portfolio From Sony For $21M

GD Holdings has acquired a 16-unit luxury condo portfolio located at 363 East Wacker Drive, Units 1407, 1408, 1507, 1703, 1908, 2206, 2308, 2504, 2608, 4803, 4906, 5305, 5401, 5403, 7701, and 8901 in Chicago, IL for a total transaction amount of $21,000,000, reflecting a price per unit of $1,312,500. The transaction specifically includes high-floor units within the 101-story St. Regis tower.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $21,000,000
• Buyer: Salomon Juan Marcos Villarreal - GD Holdings
• Seller: Sony
• Units: 16
• Price Per Unit: $1,312,500

Salomon Juan Marcos Villarreal, representing GD Holdings, has continued the firm's strategy of consolidating ownership within the St. Regis tower following a previous acquisition involving 84 unsold units at a total of $117 million. This transaction further enhances GD Holdings' control and interests in the building, including its stake in the associated hotel operations.