Waterton

Waterton is a privately held real estate investment and property management firm headquartered in Chicago, Illinois. Founded in 1995, the company focuses on U.S. multifamily and hospitality properties, executing value-add and credit strategies to enhance asset value. As of September 30, 2025, Waterton's portfolio includes approximately $9.7 billion in real estate assets.

The firm's investment approach targets opportunities in major U.S. markets, emphasizing well-located, well-maintained workforce housing in areas with favorable job growth and transportation logistics. Waterton employs a vertically integrated platform, managing all aspects of property acquisition, development, and operations to implement its value-add strategies effectively.

Waterton's portfolio encompasses a diverse range of properties, including multifamily residences, senior living communities, and hospitality assets. The company's commitment to quality and resident satisfaction is evident in its Resitality® property operations philosophy, which combines best practices in multifamily and hospitality to achieve high resident satisfaction levels. This approach has contributed to Waterton's recognition as one of the Best Places to Work in Chicago by Crain's Chicago Business in 2019.

In May 2022, Waterton partnered with Almanac Realty Investors, the private real estate investment arm of Neuberger Berman, to acquire a passive, minority ownership stake in the firm. This strategic investment aims to provide additional resources for Waterton's continued growth and expansion in the multifamily, single-family rental, senior housing, and hospitality sectors. Despite the minority investment, Waterton maintains its autonomy in day-to-day management and business decision-making processes.

Waterton's commitment to growth and development is further demonstrated by its acquisition of an 8-property multifamily portfolio in July 2018. The portfolio, comprising 3,685 units across Arizona, North Carolina, Texas, and Virginia, reflects Waterton's strategic focus on growth markets and its ability to execute value-add strategies to enhance property performance.

Overall, Waterton's extensive experience, integrated investment approach, and diverse portfolio position it as a significant player in the U.S. real estate investment and property management sector, dedicated to creating value for its investors and providing quality living environments for its residents.