Waterton Adds 3,700-Apartment Package to Growing National Portfolio
Gramercy on the Park, a 535-unit apartment community in Dallas acquired by Waterton in a $327 million portfolio acquisition.Chicago-based real estate investor and property manager Waterton has acquired an apartment portfolio totaling 3,685 units in Texas, Arizona, North Carolina and Virginia.
The eight-property package is mostly in Texas, and includes both Class A and Class B rentals. Details of the transaction have not been disclosed by Waterton…