Waterton Acquires Multifamily Property In Chicago For $170M

801 South Financial Place, a multifamily property located in Chicago, is currently under contract for sale. The property consists of 496 units, with a per unit price of $342,741. The transaction involves a buyer, Waterton, and a seller, Wood Partners represented by Joseph Keough & Patrick Trask.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $170,000,000
• Address: 801 South Financial Place
• Market: Chicago
• Buyer: Waterton
• Seller: Wood Partners - Joseph Keough & Patrick Trask
• Number of Units: 496
• Price Per Unit: $342,741

The deal, which is expected to close soon, showcases the collaboration between Waterton and Wood Partners represented by Joseph Keough & Patrick Trask. This transaction highlights the strong demand for multifamily properties in the Chicago market.