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Waterton Purchases Presidential Towers for $470M

Acquisition From Pritzker Realty is Priciest Multifamily Deal in Chicago's Recent History
By Michael Hagan
April 26, 2007 | 1:44 AM

Waterton Associates purchased the Presidential Towers, the largest multifamily property in the Chicago area, for $470 million from the Pritzker Realty Group, the firm led by Penny Pritzker, who is also the CEO and chairperson of Classic Residences of Hyatt.

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