Artificial Intelligence
Builders Company
Developers/Waterton
W
WatertonChicago, United States · founded 1995 · 1 active markets
PRIVATE

Waterton invests in, develops, renovates, and operates multifamily rental housing and hospitality properties in major U.S. markets, serving institutional investors, family offices, financial institutions, and residents through value-add, ground-up development, property management, construction, and hospitality-oriented operating platforms and associated communities.

Years in business
31
founded 1995
LinkedIn headcount
712
employees, as shown on LinkedIn · size band 1,001–5,000
Portfolio value
USD 10.1 billion
March 31, 2026
Projects last researched October 11, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Waterton Residential, LLC1
Headquarters
222 S Riverside Plaza1, Chicago1, United States
Founded
19951
Entity type
PRIVATE1
Business model
build to rent1, other1
Markets
1 market listed
What they build
Hotel (3 of 3)
Full dossier in About →

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+2.0 mo
the middle of 1 scored project
Average delay
+2.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+2.0 mo
Outbound Mammoth · +1.0 to +3.0
1
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

3 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
6.8/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Structure & systems
6.8/ 10
Fabric, services, waterproofing, envelope · from 3 of 3 rated buildings
Management & living
7.4/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 265 developers, 1367 rated buildings in United States
Overall rating
Waterton · 265 other developers in United States
6.8 vs 7.8
this developer 1.0 worse
The weighted verdict on each side. From 3 of 3 rated buildings here and 1367 in the market.
Structure & systems
Waterton · 265 other developers in United States
6.8 vs 6.9
this developer 0.1 worse
Fabric and engineering only — fixed at handover. From 3 of 3 rated buildings here and 575 in the market.
Management & living
Waterton · 265 other developers in United States
7.4 vs 7.4
this developer is level
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 1314 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • RISK Complaint filed August 13, 2024; responses and dispute recorded through August 27, 2024. A BBB complaint reported that a former Waterton resident alleged disputed move-out charges, carpet-replacement billing, and referral of the balance to a pre-collections agency; Waterton said the account was in pre-collection rather than credit-reported collections and defended the charges, while the complainant rejected the response, so the allegations were not independently established.
  • RISK Complaint filed October 17, 2023; responses and dispute recorded through October 30, 2023. A BBB complaint reported that a resident alleged inaccurate or unexplained water billing and delays in addressing a malfunctioning submeter; Waterton said it was working with its utility provider and later granted an early move-out, but the resident continued to dispute the estimated charges and stated the meter issue remained unresolved.
Record status
active
Company sources
148 source entries across 143 fields
Projects tracked
3 · 3 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+2.0 mo
the middle of 1 scored project
Average delay
+2.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+2.0 mo
Outbound Mammoth · +1.0 to +3.0
1
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

3 of 3 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Stowe, United States
Mammoth Lakes, United States
Jackson, United States
20202021202220232024202520262027todaySTOWE, UNITED STATESon timeestimatedMAMMOTH LAKES, UNITED STATES+2 moverifiedJACKSON, UNITED STATES+1 moestimated
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

3 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
6.8/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Structure & systems
6.8/ 10
Fabric, services, waterproofing, envelope · from 3 of 3 rated buildings
Management & living
7.4/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 265 developers, 1367 rated buildings in United States
Overall rating
Waterton · 265 other developers in United States
6.8 vs 7.8
this developer 1.0 worse
The weighted verdict on each side. From 3 of 3 rated buildings here and 1367 in the market.
Structure & systems
Waterton · 265 other developers in United States
6.8 vs 6.9
this developer 0.1 worse
Fabric and engineering only — fixed at handover. From 3 of 3 rated buildings here and 575 in the market.
Management & living
Waterton · 265 other developers in United States
7.4 vs 7.4
this developer is level
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 1314 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

3 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Outbound StoweStowe73 units
7.5/ 10
8.2/ 10
Tripadvisor 4.3/5, 4.7/5 · 125 reviews · tripadvisor.com.au
Almosafer 9.6/10 · 77 reviews · global.almosafer.com
Combined from 3 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2.
8.3/ 10
Tripadvisor 4.9/5, 4.6/5 · 125 reviews · tripadvisor.com.au
Almosafer 9.2/10 · 77 reviews · global.almosafer.com
Combined from 3 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.3.

Casai’s 9.0/10 from 356 guest reviews is the largest published review base and sets an 8.0/10 anchor; Tripadvisor independently reports 4.4/5 from 125 reviews, broadly consistent with that level. Repeated praise for staff, pool/hot tub, firepits, cleanliness and location supports the living score, while recurring noise and service issues plus one detailed severe physical-safety report pull the resident-experience score down to 7.5.

+ Clean rooms+ Comfortable beds+ Renovated interiors
− Thin walls− Weak water pressure− A/C failure reported− Electrical hazards reported− Walkway water accumulation reported
+ Friendly helpful staff+ Pool and hot tub+ Firepits and s’mores+ On-site restaurant and bar+ Direct recreation-path access
− Check-in delays− Front-desk attentiveness complaints− Housekeeping omissions− Poor Wi‑Fi− Noise affecting sleep

Reviews generally describe the rooms as clean, comfortable and recently renovated, while also reporting inconsistent physical performance. One Tripadvisor reviewer reported failed A/C, unsafe splitter/extension-cord wiring, a slippery tilted tub, weak water pressure and water taking minutes to run hot; another reported “very very loudly” transmitted noise, and Casai excerpts also mention thin walls and steps needing better de-icing.

The dominant guest picture is an attractive, social outdoor hotel with strong amenities: reviewers repeatedly praise the “huge pool,” firepits, restaurant, location and welcoming staff. Operations were not uniformly smooth: guests reported a delayed room, an inattentive front desk, missing housekeeping supplies, unusable Wi‑Fi and noise so severe that one family said they “all slept about two hours each night.”

The Virginian LodgeJackson165 units
7.0/ 10
6.8/ 10
7.9/ 10
Tripadvisor 4.7/5, 4.6/5, 4.5/5 · 391 reviews · tripadvisor.com
Combined from 3 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.9.

KAYAK's 8.6/10 aggregate, based on 946 reviews, is the largest published review base and sets a 7.2 converted anchor under the stated guest-rating convention. The score is reduced for recurring dated-room, noise and service complaints and modestly supported by repeated praise for cleanliness, staff and amenities; the resulting overall resident-experience proxy is 7.0, with structure and living shown separately because the evidence covers both.

+ Clean and comfortable rooms+ Renovated historic motor-lodge character+ Functional rooms+ Ground-floor accessibility+ Heated pool and hot tubs
− Dated or tired rooms− Old/dark bathroom reported− Air conditioning not cooling− Door did not latch properly− Squeaky bunk and worn fixtures
+ Welcoming and helpful staff+ Pool and hot tubs+ Fire pits and courtyard+ On-site food, bar and coffee+ Friendly local atmosphere
− Service follow-through complaint− Pool noise with children− Corridor noise− Expensive rates− Fee confusion

Reviewers commonly described the rooms as “functional but very comfortable and clean,” while others called them “dated and tired” and reported an old, dark bathroom and air conditioning that “did not seem to cool it.” One serious individual report said a door “didn’t latch well” and that an unlocked pool-equipment room did not seem safe; the owner acknowledged those concerns, but there is no published engineering or systems assessment.

Daily-life feedback is strongly amenity- and service-oriented: guests praised “extremely welcoming and helpful” staff, the pool, fire pits, coffee, food and social courtyard, while another found the pool “very noisy with children.” A separate review described a frustrating front-desk response to a missing remote battery, and another said the stay felt expensive despite being competitive locally.

Outbound MammothMammoth Lakes179 units
5.8/ 10
5.5/ 10
KAYAK 5/10 · 1,472 reviews · kayak.com
Booking.com 8.4/10 · 449 reviews · booking.com
Tripadvisor 4.4/5 · 286 reviews · tripadvisor.com
Combined from 3 published figures on 3 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 5.5.
6.0/ 10
KAYAK 9.5/10, 7/10, 1.5/10 · 1,472 reviews · kayak.com
Booking.com 8.7/10, 8/10, 7.3/10 · 449 reviews · booking.com
Tripadvisor 4.3/5, 4.6/5, 4.1/5 · 286 reviews · tripadvisor.com
Combined from 9 published figures on 3 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.

KAYAK has the largest review base and its published 7.9/10 guest rating sets the level, converted to 5.8 under the guest-rating curve. Tripadvisor is materially more positive, but its 286-review base is much smaller; recurring operational and condition complaints offset recurring praise, leaving the overall resident-experience proxy at 5.8.

+ Clean rooms reported+ Comfortable beds reported+ Modern bathrooms reported+ Hot tub and sauna available
− Blocked sink− Musty or mildew smells− Loud or ineffective AC/HVAC− Construction and jackhammer noise− Intermittent Wi‑Fi and broken equipment
+ Helpful staff+ Walkable central location+ Hot tub and sauna+ Dog-friendly+ Fire pits, lobby and dining
− Slow management response− Inconsistent billing or fee communication− Construction disruption− Intermittent Wi‑Fi− Value concerns

Physical-condition feedback is mixed. Guests reported that rooms could be clean and comfortable, but also described a “blocked” bathroom sink, “musty” rooms, loud or ineffective air conditioning, construction noise and intermittent Wi‑Fi; one review reported that the back door had no lock and no security camera in the rear parking lot.

Daily-life reviews praise “incredibly kind and helpful” staff, the “hot tub and cozy lobby,” dog-friendly policies and a walkable location. The negative reports describe jackhammer noise, long or ineffective complaint follow-up, surprise pet or resort-fee disputes and one guest who said the manager was “not hospitable at all.”

Only buildings that have reached handover are rated. 0 of 3 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Waterton Residential, LLC
Headquarters
222 S Riverside Plaza, Chicago, United States
60606
Founded
1995
Entity type
PRIVATE
Revenue
not published
Business model
build to rent, other

Partners

6 partners
Almanac Realty Investors
funder

Waterton and Almanac Realty Investors ("Almanac"), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake in Waterton.

The NRP Group
joint venture

Waterton, a national real estate investor and operator, has partnered with The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV.

CIBC
funder

Waterton and The NRP Group are providing equity commitments while CIBC is providing a senior loan.

Strathcona Capital
funder

(January 8, 2025) Chicago, IL– Waterton, in partnership with Strathcona Capital, today announced it has provided a $69.2 million senior construction loan for the development of 12th & Main

Pahlisch Commercial
joint venture

The borrower, Oregon-based Pahlisch Commercial, commenced construction in December 2024 and the project is expected to be completed in 2027.

Tower Development, Inc.
operator

The firm has partnered with Honolulu-based Tower Development, Inc., a vertically-integrated real estate company, which will bring enhanced market expertise and a local presence to property and construction management functions.

Sources: name

COMPANY2022-05-20

Partnership announcement

Waterton / partner announcement
Waterton and Almanac Realty Investors ("Almanac"), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake in Waterton.
value seen: Almanac Realty Investors
https://www.waterton.com/blog/2022/05/19/waterton-and-almanac-realty-investors-announce-strategic-minority-investment/

Sources: partner type

COMPANY2022-05-20

Partnership announcement

Waterton / partner announcement
Waterton and Almanac Realty Investors ("Almanac"), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake in Waterton.
value seen: FUNDER
value paraphrased from this source
https://www.waterton.com/blog/2022/05/19/waterton-and-almanac-realty-investors-announce-strategic-minority-investment/

Sources: summary

COMPANY2022-05-20

Partnership announcement

Waterton / partner announcement
Waterton and Almanac Realty Investors ("Almanac"), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake in Waterton.
value seen: Waterton and Almanac Realty Investors ("Almanac"), the private real estate investment arm of Neuberger Berman, today announced an agreement with a fund managed by Almanac to acquire a passive, minority ownership stake in Waterton.
value paraphrased from this source
https://www.waterton.com/blog/2022/05/19/waterton-and-almanac-realty-investors-announce-strategic-minority-investment/

Sources: name

PRESS2025-10-24

Partnership announcement

Waterton / partner announcement · carried by prnewswire.com
Waterton, a national real estate investor and operator, has partnered with The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV.
value seen: The NRP Group
https://www.prnewswire.com/news-releases/waterton-and-the-nrp-group-acquire-development-site-partner-to-develop-368-unit-south-valley-apartments-in-suburban-las-vegas-nv-302594254.html

Sources: partner type

PRESS2025-10-24

Partnership announcement

Waterton / partner announcement · carried by prnewswire.com
Waterton, a national real estate investor and operator, has partnered with The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV.
value seen: JV_PARTNER
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-and-the-nrp-group-acquire-development-site-partner-to-develop-368-unit-south-valley-apartments-in-suburban-las-vegas-nv-302594254.html

Sources: summary

PRESS2025-10-24

Partnership announcement

Waterton / partner announcement · carried by prnewswire.com
Waterton, a national real estate investor and operator, has partnered with The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV.
value seen: Waterton, a national real estate investor and operator, has partnered with The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV.
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-and-the-nrp-group-acquire-development-site-partner-to-develop-368-unit-south-valley-apartments-in-suburban-las-vegas-nv-302594254.html

Sources: name

PRESS2025-10-24

Partnership announcement

Waterton / partner announcement · carried by prnewswire.com
Waterton and The NRP Group are providing equity commitments while CIBC is providing a senior loan.
value seen: CIBC
https://www.prnewswire.com/news-releases/waterton-and-the-nrp-group-acquire-development-site-partner-to-develop-368-unit-south-valley-apartments-in-suburban-las-vegas-nv-302594254.html

Sources: partner type

PRESS2025-10-24

Partnership announcement

Waterton / partner announcement · carried by prnewswire.com
Waterton and The NRP Group are providing equity commitments while CIBC is providing a senior loan.
value seen: FUNDER
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-and-the-nrp-group-acquire-development-site-partner-to-develop-368-unit-south-valley-apartments-in-suburban-las-vegas-nv-302594254.html

Sources: summary

PRESS2025-10-24

Partnership announcement

Waterton / partner announcement · carried by prnewswire.com
Waterton and The NRP Group are providing equity commitments while CIBC is providing a senior loan.
value seen: Waterton and The NRP Group are providing equity commitments while CIBC is providing a senior loan.
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-and-the-nrp-group-acquire-development-site-partner-to-develop-368-unit-south-valley-apartments-in-suburban-las-vegas-nv-302594254.html

Sources: name

COMPANY2025-01-08

Partnership announcement

Waterton / partner announcement
(January 8, 2025) Chicago, IL– Waterton, in partnership with Strathcona Capital, today announced it has provided a $69.2 million senior construction loan for the development of 12th & Main
value seen: Strathcona Capital
https://www.waterton.com/blog/2025/01/15/waterton-provides-692-million-senior-construction-loan-for-multifamily-development-in-vancouver-wa/

Sources: partner type

COMPANY2025-01-08

Partnership announcement

Waterton / partner announcement
(January 8, 2025) Chicago, IL– Waterton, in partnership with Strathcona Capital, today announced it has provided a $69.2 million senior construction loan for the development of 12th & Main
value seen: FUNDER
value paraphrased from this source
https://www.waterton.com/blog/2025/01/15/waterton-provides-692-million-senior-construction-loan-for-multifamily-development-in-vancouver-wa/

Sources: summary

COMPANY2025-01-08

Partnership announcement

Waterton / partner announcement
(January 8, 2025) Chicago, IL– Waterton, in partnership with Strathcona Capital, today announced it has provided a $69.2 million senior construction loan for the development of 12th & Main
value seen: (January 8, 2025) Chicago, IL– Waterton, in partnership with Strathcona Capital, today announced it has provided a $69.2 million senior construction loan for the development of 12th & Main
value paraphrased from this source
https://www.waterton.com/blog/2025/01/15/waterton-provides-692-million-senior-construction-loan-for-multifamily-development-in-vancouver-wa/

Sources: name

COMPANY2025-01-08

Partnership announcement

Waterton / partner announcement
The borrower, Oregon-based Pahlisch Commercial, commenced construction in December 2024 and the project is expected to be completed in 2027.
value seen: Pahlisch Commercial
https://www.waterton.com/blog/2025/01/15/waterton-provides-692-million-senior-construction-loan-for-multifamily-development-in-vancouver-wa/

Sources: partner type

COMPANY2025-01-08

Partnership announcement

Waterton / partner announcement
The borrower, Oregon-based Pahlisch Commercial, commenced construction in December 2024 and the project is expected to be completed in 2027.
value seen: JV_PARTNER
value paraphrased from this source
https://www.waterton.com/blog/2025/01/15/waterton-provides-692-million-senior-construction-loan-for-multifamily-development-in-vancouver-wa/

Sources: summary

COMPANY2025-01-08

Partnership announcement

Waterton / partner announcement
The borrower, Oregon-based Pahlisch Commercial, commenced construction in December 2024 and the project is expected to be completed in 2027.
value seen: The borrower, Oregon-based Pahlisch Commercial, commenced construction in December 2024 and the project is expected to be completed in 2027.
value paraphrased from this source
https://www.waterton.com/blog/2025/01/15/waterton-provides-692-million-senior-construction-loan-for-multifamily-development-in-vancouver-wa/

Sources: name

COMPANY2020-12-21

Partnership announcement

Waterton / partner announcement
The firm has partnered with Honolulu-based Tower Development, Inc., a vertically-integrated real estate company, which will bring enhanced market expertise and a local presence to property and construction management functions.
value seen: Tower Development, Inc.
https://www.waterton.com/blog/2020/12/21/waterton-enters-hawaii-multifamily-market/

Sources: partner type

COMPANY2020-12-21

Partnership announcement

Waterton / partner announcement
The firm has partnered with Honolulu-based Tower Development, Inc., a vertically-integrated real estate company, which will bring enhanced market expertise and a local presence to property and construction management functions.
value seen: OPERATOR
value paraphrased from this source
https://www.waterton.com/blog/2020/12/21/waterton-enters-hawaii-multifamily-market/

Sources: summary

COMPANY2020-12-21

Partnership announcement

Waterton / partner announcement
The firm has partnered with Honolulu-based Tower Development, Inc., a vertically-integrated real estate company, which will bring enhanced market expertise and a local presence to property and construction management functions.
value seen: The firm has partnered with Honolulu-based Tower Development, Inc., a vertically-integrated real estate company, which will bring enhanced market expertise and a local presence to property and construction management functions.
value paraphrased from this source
https://www.waterton.com/blog/2020/12/21/waterton-enters-hawaii-multifamily-market/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 3 projects tracked

What they build

1 type
Hotel3 of 3
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
DS
David Schwartz
Co-founder and the current CEO and Chairman, Schwartz sets Waterton’s strategic direction and leads its business activities and operations. His prior real-estate experience includes AMLI Realty and Equity Residential; he also holds senior and governance roles in major housing and urban-development organizations.
Current title
CEO, Chairman & Co-Founder
since 1995
Experience
30+ years real estate
Companies before
Equity Residential Properties TrustAMLI Realty Co.
Education
University of Illinoisbachelor’s degree in economics
University of Chicago Booth School of BusinessMBA
Other boards
National Multi Housing Council (NMHC)Urban Land Institute (ULI)
Known for
FounderCEOChairman
https://linkedin.com/in/david-schwartz-a866b597
When I look back on the last thirty years, Waterton has been so much more than an investment and property management firm. Waterton Residential October 21, 2025https://www.waterton.com/blog/2025/10/21/built-on-values-driven-by-vision-waterton-celebrates-30-years-in-buisiness/
When I look back on the last thirty years, Waterton has been so much more than an investment and property management firm. Waterton Residential October 21, 2025https://www.waterton.com/blog/2025/10/21/built-on-values-driven-by-vision-waterton-celebrates-30-years-in-buisiness/

Sources: degree

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
Mr. Schwartz holds a bachelor’s degree in economics from the University of Illinois
value seen: bachelor’s degree in economics
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: institution

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
Mr. Schwartz holds a bachelor’s degree in economics from the University of Illinois
value seen: University of Illinois
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: degree

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
an MBA from the University of Chicago Booth School of Business
value seen: MBA
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: institution

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
an MBA from the University of Chicago Booth School of Business
value seen: University of Chicago Booth School of Business
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: full name

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
David Schwartz co-founded Waterton with Peter Vilim in 1995 and serves as CEO and Chairman.
value seen: David Schwartz
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: linkedin page

SOCIALdate not shown in source

David Schwartz

LinkedIn
David Schwartz — Waterton
value seen: https://linkedin.com/in/david-schwartz-a866b597
https://linkedin.com/in/david-schwartz-a866b597

Sources: other boards

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
He is a member of the executive committee, a senior officer and former chairman of the National Multi Housing Council (NMHC)
value seen: National Multi Housing Council (NMHC)
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: other boards

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
He is a governor of the Urban Land Institute (ULI)
value seen: Urban Land Institute (ULI)
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: previous companies

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
Prior to co-founding Waterton in 1995, Mr. Schwartz was a vice president of acquisitions for Equity Residential Properties Trust (EQR-NYSE)
value seen: Equity Residential Properties Trust
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: previous companies

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
from 1985 through 1989, was with AMLI Realty Co.
value seen: AMLI Realty Co.
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: quote

COMPANY2025-10-21

Waterton Residential

Waterton Residential
When I look back on the last thirty years, Waterton has been so much more than an investment and property management firm.
value seen: When I look back on the last thirty years, Waterton has been so much more than an investment and property management firm.
https://www.waterton.com/blog/2025/10/21/built-on-values-driven-by-vision-waterton-celebrates-30-years-in-buisiness/
COMPANY2025-10-21

Waterton Residential

Waterton Residential
When I look back on the last thirty years, Waterton has been so much more than an investment and property management firm.
value seen: When I look back on the last thirty years, Waterton has been so much more than an investment and property management firm.
https://www.waterton.com/blog/2025/10/21/built-on-values-driven-by-vision-waterton-celebrates-30-years-in-buisiness/

Sources: since

COMPANYdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
David Schwartz co-founded Waterton with Peter Vilim in 1995 and serves as CEO and Chairman.
value seen: 1995
value paraphrased from this source
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: summary

OTHERdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
Mr. Schwartz is responsible for strategic decisions and leadership of the firm’s business activities and operations... Prior to co-founding Waterton... Equity Residential Properties Trust... AMLI Realty Co.
value seen: Co-founder and the current CEO and Chairman, Schwartz sets Waterton’s strategic direction and leads its business activities and operations. His prior real-estate experience includes AMLI Realty and Equity Residential; he also holds senior and governance roles in major housing and urban-development organizations.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: tags

OTHERdate not shown in source

Supporting profile

Waterton/independent · carried by knowledge.uli.org
co-founded Waterton with
value seen: Founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: tags

OTHERdate not shown in source

Supporting profile

Waterton/independent · carried by knowledge.uli.org
serves as CEO
value seen: CEO
value paraphrased from this source
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: tags

OTHERdate not shown in source

Supporting profile

Waterton/independent · carried by knowledge.uli.org
serves as CEO and Chairman
value seen: Chairman
value paraphrased from this source
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: tags

OTHERdate not shown in source

Supporting profile

Waterton/independent · carried by knowledge.uli.org
30 years of real estate investment and operations experience
value seen: 30+ yrs real estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85

Sources: title

COMPANYdate not shown in source

David Schwartz | ULI Knowledge Finder

Urban Land Institute · carried by knowledge.uli.org
David Schwartz co-founded Waterton with Peter Vilim in 1995 and serves as CEO and Chairman.
value seen: CEO, Chairman & Co-Founder
held out of the figures · the quote does not carry this value
https://knowledge.uli.org/en/people/s/d/david-schwartz-0c85
PV
Peter Vilim
Co-founder and vice chairman, Vilim moved from running Waterton toward philanthropy and housing-affordability work while retaining committee participation. His earlier investment roles included AMLI Realty and Berkshire Realty; his outside work has centered on homelessness and affordable housing.
Current title
Vice Chairman & Co-Founder
since January 2017
Experience
no career length stated
Companies before
Berkshire Realty CompanyAMLI Realty
Education
DePaul UniversityMaster
University of IllinoisBachelor in Accounting
Other boards
All Chicago – Making Homelessness HistoryHousing Partnership Equity Trust
Known for
FounderVice ChairmanHousing-affordability advocate
https://linkedin.com/in/peter-vilim-66313114
As I transition my focus to the latter, I hope to find ways to apply the techniques, systems and technologies Waterton has developed to help preserve affordable housing and prevent homelessness. REJournals March 26, 2017https://rejournals.com/waterton-co-founder-vilim-set-to-shift-into-semi-retirement-as-vice-chairman/
As I transition my focus to the latter, I hope to find ways to apply the techniques, systems and technologies Waterton has developed to help preserve affordable housing and prevent homelessness. REJournals March 26, 2017https://rejournals.com/waterton-co-founder-vilim-set-to-shift-into-semi-retirement-as-vice-chairman/

Sources: degree

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

The Official Board
Peter Vilim has a Master from DePaul University
value seen: Master
https://www.theofficialboard.com/biography/peter-vilim-76d3g

Sources: institution

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

The Official Board
Peter Vilim has a Master from DePaul University
value seen: DePaul University
https://www.theofficialboard.com/biography/peter-vilim-76d3g

Sources: degree

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

The Official Board
a Bachelor in Accounting from University of Illinois
value seen: Bachelor in Accounting
https://www.theofficialboard.com/biography/peter-vilim-76d3g

Sources: institution

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

The Official Board
a Bachelor in Accounting from University of Illinois
value seen: University of Illinois
https://www.theofficialboard.com/biography/peter-vilim-76d3g

Sources: full name

COMPANYdate not shown in source

Waterton Residential | Team Members | Multifamily

Waterton Residential
Mr. Vilim co-founded Waterton with David Schwartz in 1995 and serves as vice chairman. Mr. Vilim assumed the role of vice chairman in January 2017
value seen: Peter Vilim
held out of the figures · the quote does not carry this value
https://www.waterton.com/managementteam

Sources: linkedin page

SOCIALdate not shown in source

Peter Vilim

LinkedIn
Peter Vilim — Waterton
value seen: https://linkedin.com/in/peter-vilim-66313114
https://linkedin.com/in/peter-vilim-66313114

Sources: other boards

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

Waterton Residential
Pete Vilim, Vice Chairman and Co-Founder of Waterton... recognized... nonprofit board leaders
value seen: All Chicago – Making Homelessness History
held out of the figures · the quote does not carry this value
https://www.waterton.com/blog/2021/10/08/pete-vilim-named-one-of-the-most-notable-nonprofit-board-leaders-in-chicago/

Sources: other boards

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

Waterton Residential
Mr. Vilim also serves on the Board of Directors and is Chairman of the Finance Committee for the Housing Partnership Equity Trust
value seen: Housing Partnership Equity Trust
https://www.waterton.com/blog/2021/10/08/pete-vilim-named-one-of-the-most-notable-nonprofit-board-leaders-in-chicago/

Sources: previous companies

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

The Official Board
Peter Vilim was Investment Officer at Berkshire Realty Company
value seen: Berkshire Realty Company
https://www.theofficialboard.com/biography/peter-vilim-76d3g

Sources: previous companies

OTHERdate not shown in source

Peter Vilim Bio – Waterton Vice Chairman of the Board

The Official Board
Peter Vilim was Investment Officer at AMLI Realty
value seen: AMLI Realty
https://www.theofficialboard.com/biography/peter-vilim-76d3g

Sources: quote

PRESS2017-03-26

REJournals

REJournals
As I transition my focus to the latter, I hope to find ways to apply the techniques, systems and technologies Waterton has developed to help preserve affordable housing and prevent homelessness.
value seen: As I transition my focus to the latter, I hope to find ways to apply the techniques, systems and technologies Waterton has developed to help preserve affordable housing and prevent homelessness.
https://rejournals.com/waterton-co-founder-vilim-set-to-shift-into-semi-retirement-as-vice-chairman/
PRESS2017-03-26

REJournals

REJournals
As I transition my focus to the latter, I hope to find ways to apply the techniques, systems and technologies Waterton has developed to help preserve affordable housing and prevent homelessness.
value seen: As I transition my focus to the latter, I hope to find ways to apply the techniques, systems and technologies Waterton has developed to help preserve affordable housing and prevent homelessness.
https://rejournals.com/waterton-co-founder-vilim-set-to-shift-into-semi-retirement-as-vice-chairman/

Sources: since

COMPANYdate not shown in source

Waterton Residential | Team Members | Multifamily

Waterton Residential
Mr. Vilim co-founded Waterton with David Schwartz in 1995 and serves as vice chairman. Mr. Vilim assumed the role of vice chairman in January 2017
value seen: January 2017
value paraphrased from this source
https://www.waterton.com/managementteam

Sources: summary

PRESSdate not shown in source

Waterton Co-Founder Vilim set to shift into ‘semi-retirement’ as vice chairman

REJournals
Vilim took over as vice chairman as a part of a planned semi-retirement plan... organizations that are focused on affordable housing and homeless services
value seen: Co-founder and vice chairman, Vilim moved from running Waterton toward philanthropy and housing-affordability work while retaining committee participation. His earlier investment roles included AMLI Realty and Berkshire Realty; his outside work has centered on homelessness and affordable housing.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://rejournals.com/waterton-co-founder-vilim-set-to-shift-into-semi-retirement-as-vice-chairman/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
co-founded Waterton with
value seen: Founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2021/10/08/pete-vilim-named-one-of-the-most-notable-nonprofit-board-leaders-in-chicago/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
serves as vice chairman
value seen: Vice Chairman
value paraphrased from this source
https://www.waterton.com/blog/2021/10/08/pete-vilim-named-one-of-the-most-notable-nonprofit-board-leaders-in-chicago/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
focused on affordable housing and homeless services
value seen: Housing-affordability advocate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2021/10/08/pete-vilim-named-one-of-the-most-notable-nonprofit-board-leaders-in-chicago/

Sources: title

COMPANYdate not shown in source

Waterton Residential | Team Members | Multifamily

Waterton Residential
Mr. Vilim co-founded Waterton with David Schwartz in 1995 and serves as vice chairman. Mr. Vilim assumed the role of vice chairman in January 2017
value seen: Vice Chairman & Co-Founder
held out of the figures · the quote does not carry this value
https://www.waterton.com/managementteam
TM
Tara Marszewski
CFO and managing partner overseeing Waterton’s finance, accounting, tax, treasury, benefits and compensation functions, Marszewski brings nearly 20 years of real-estate finance, strategy and operations experience. Before Waterton she was CFO of Brookfield Properties’ retail group, chief accounting officer at GGP and spent 10 years in KPMG’s real-estate audit practice.
Current title
Managing Partner & Chief Financial And Administrative Officer
since 2019
Experience
20+ years real estate finance
Companies before
Brookfield PropertiesGeneral Growth Properties, Inc. (GGP)KPMG
Education
University of IllinoisBachelor of Science in accountancy
Other boards
none sourced
Known for
CFOCPA
https://linkedin.com/in/tara-marszewski-9300986

Sources: degree

OTHERdate not shown in source

AICPA & CIMA

AICPA & CIMA
Ms. Marszewski holds a Bachelor of Science in accountancy from the University of Illinois
value seen: Bachelor of Science in accountancy
https://aicpaconferences.com/b/sp/tara-marszewski-28955

Sources: institution

OTHERdate not shown in source

AICPA & CIMA

AICPA & CIMA
Ms. Marszewski holds a Bachelor of Science in accountancy from the University of Illinois
value seen: University of Illinois
https://aicpaconferences.com/b/sp/tara-marszewski-28955

Sources: full name

COMPANYdate not shown in source

Waterton Residential | Team Members | Multifamily

Waterton Residential
Ms. Marszewski joined Waterton in 2019 and serves as managing partner and chief financial officer.
value seen: Tara Marszewski
held out of the figures · the quote does not carry this value
https://www.waterton.com/managementteam

Sources: linkedin page

SOCIALdate not shown in source

Tara Marszewski

LinkedIn
Tara Marszewski — Waterton
value seen: https://linkedin.com/in/tara-marszewski-9300986
https://linkedin.com/in/tara-marszewski-9300986

Sources: previous companies

OTHERdate not shown in source

AICPA & CIMA

AICPA & CIMA
Prior to joining Waterton, Ms. Marszewski was CFO of Brookfield Properties’ retail group
value seen: Brookfield Properties
https://aicpaconferences.com/b/sp/tara-marszewski-28955

Sources: previous companies

OTHERdate not shown in source

AICPA & CIMA

AICPA & CIMA
She was previously chief accounting officer of General Growth Properties, Inc. (GGP)
value seen: General Growth Properties, Inc. (GGP)
https://aicpaconferences.com/b/sp/tara-marszewski-28955

Sources: previous companies

OTHERdate not shown in source

AICPA & CIMA

AICPA & CIMA
prior to that spent 10 years in the real estate audit practice at KPMG
value seen: KPMG
https://aicpaconferences.com/b/sp/tara-marszewski-28955

Sources: since

COMPANYdate not shown in source

Waterton Residential | Team Members | Multifamily

Waterton Residential
Ms. Marszewski joined Waterton in 2019 and serves as managing partner and chief financial officer.
value seen: 2019
value paraphrased from this source
https://www.waterton.com/managementteam

Sources: summary

PRESSdate not shown in source

Waterton Hires Tara Marszewski as New CFO

Waterton/PR Newswire
An accomplished finance, strategy and operations executive, Ms. Marszewski brings almost 20 years of experience... Prior to joining Waterton... Brookfield Properties... General Growth Properties... KPMG.
value seen: CFO and managing partner overseeing Waterton’s finance, accounting, tax, treasury, benefits and compensation functions, Marszewski brings nearly 20 years of real-estate finance, strategy and operations experience. Before Waterton she was CFO of Brookfield Properties’ retail group, chief accounting officer at GGP and spent 10 years in KPMG’s real-estate audit practice.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-hires-tara-marszewski-as-new-cfo-300921108.html

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent · carried by prnewswire.com
new chief financial officer (CFO)
value seen: CFO
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-hires-tara-marszewski-as-new-cfo-300921108.html

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent · carried by prnewswire.com
Certified Public Accountant
value seen: CPA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-hires-tara-marszewski-as-new-cfo-300921108.html

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent · carried by prnewswire.com
almost 20 years of experience
value seen: 20+ yrs real estate finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.prnewswire.com/news-releases/waterton-hires-tara-marszewski-as-new-cfo-300921108.html

Sources: title

COMPANYdate not shown in source

Waterton Residential | Team Members | Multifamily

Waterton Residential
Ms. Marszewski joined Waterton in 2019 and serves as managing partner and chief financial officer.
value seen: Managing Partner & Chief Financial And Administrative Officer
held out of the figures · the quote does not carry this value
https://www.waterton.com/managementteam
KN
Kristi Nootens
Senior vice president of development, Nootens originates and structures joint ventures and mezzanine/preferred-equity investments, sets Waterton’s development investment strategy and works with capital markets on multifamily debt. She previously co-led CP Capital US and worked in public-sector development and commercial property management.
Current title
Senior Vice President Development
Experience
no career length stated
Companies before
CP Capital USNew York City Economic Development CorporationBoston Properties
Education
Virginia Tech Pamplin School of Business
University of North Carolina Kenan-Flagler Business SchoolMBA in real estate investment and finance
Other boards
none sourced
Known for
Head of developmentJoint-venture developmentMBA
Work email: kristi.nootens@waterton.com2 Email
https://www.linkedin.com/in/kristi-nootens-a532a26/
I’m excited to be joining the team at Waterton and to leverage my skills and experience in bringing new development opportunities to the firm. Waterton Residential April 30, 2025https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/
I’m excited to be joining the team at Waterton and to leverage my skills and experience in bringing new development opportunities to the firm. Waterton Residential April 30, 2025https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: institution

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
Ms. Nootens holds bachelor’s degrees from Virginia Tech Pamplin School of Business
value seen: Virginia Tech Pamplin School of Business
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: degree

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
an MBA in real estate investment and finance from University of North Carolina Kenan-Flagler Business School
value seen: MBA in real estate investment and finance
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: institution

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
an MBA in real estate investment and finance from University of North Carolina Kenan-Flagler Business School
value seen: University of North Carolina Kenan-Flagler Business School
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: email

COMPANYdate not shown in source

Waterton Residential | Transactions Contacts | Multifamily

Waterton Residential
## Development Contact ## Kristi Nootens SVP Development Email (kristi.nootens@waterton.com)
value seen: kristi.nootens@waterton.com
https://www.waterton.com/transactionscontacts
COMPANYdate not shown in source

Waterton Residential | Transactions Contacts | Multifamily

Waterton Residential
## Development Contact ## Kristi Nootens SVP Development Email (kristi.nootens@waterton.com)
value seen: kristi.nootens@waterton.com
https://www.waterton.com/transactionscontacts

Sources: full name

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
Waterton announced the hiring of Kristi Nootens as Senior Vice President, Development.
value seen: Kristi Nootens
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: linkedin page

SOCIALdate not shown in source

Kristi Nootens

LinkedIn
Kristi Nootens — Waterton
value seen: https://www.linkedin.com/in/kristi-nootens-a532a26/
https://www.linkedin.com/in/kristi-nootens-a532a26/

Sources: previous companies

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
Prior to joining Waterton, Ms. Nootens was co-head of CP Capital US
value seen: CP Capital US
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: previous companies

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
Prior to that role, she worked as a project manager within the New York City Economic Development Corporation’s Strategic Investments Group
value seen: New York City Economic Development Corporation
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: previous companies

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
and in commercial property management at Boston Properties
value seen: Boston Properties
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: quote

COMPANY2025-04-30

Waterton Residential

Waterton Residential
I’m excited to be joining the team at Waterton and to leverage my skills and experience in bringing new development opportunities to the firm.
value seen: I’m excited to be joining the team at Waterton and to leverage my skills and experience in bringing new development opportunities to the firm.
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/
COMPANY2025-04-30

Waterton Residential

Waterton Residential
I’m excited to be joining the team at Waterton and to leverage my skills and experience in bringing new development opportunities to the firm.
value seen: I’m excited to be joining the team at Waterton and to leverage my skills and experience in bringing new development opportunities to the firm.
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/

Sources: summary

PRESSdate not shown in source

Waterton’s Kristi Nootens Eyes Next Cycle of Multifamily Development

Multifamily Executive
In her role, she will originate and structure both mezzanine/preferred equity and joint ventures in development deals... responsible for establishing the firm’s development investment strategy... Prior to joining Waterton... co-head of CP Capital US... New York City Economic Development Corp... Boston Properties.
value seen: Senior vice president of development, Nootens originates and structures joint ventures and mezzanine/preferred-equity investments, sets Waterton’s development investment strategy and works with capital markets on multifamily debt. She previously co-led CP Capital US and worked in public-sector development and commercial property management.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilyexecutive.com/business-finance/leadership/watertons-kristi-nootens-eyes-next-cycle-of-multifamily-development

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent · carried by multifamilyexecutive.com
Senior Vice President, Development
value seen: Head of development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilyexecutive.com/business-finance/leadership/watertons-kristi-nootens-eyes-next-cycle-of-multifamily-development

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent · carried by multifamilyexecutive.com
joint venture multifamily development
value seen: Joint-venture development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilyexecutive.com/business-finance/leadership/watertons-kristi-nootens-eyes-next-cycle-of-multifamily-development

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent · carried by multifamilyexecutive.com
an MBA in real estate investment and finance
value seen: MBA
value paraphrased from this source
https://www.multifamilyexecutive.com/business-finance/leadership/watertons-kristi-nootens-eyes-next-cycle-of-multifamily-development

Sources: title

COMPANYdate not shown in source

Waterton Grows Joint Venture Development Strategy With Hiring Of Kristi Nootens as SVP, Development

Waterton Residential
Waterton announced the hiring of Kristi Nootens as Senior Vice President, Development.
value seen: Senior Vice President Development
https://www.waterton.com/blog/2025/04/30/waterton-grows-joint-venture-development-strategy-with-hiring-of-kristi-nootens-as-svp-development/
JW
John W. Gray
Managing partner and CIO, Gray leads Waterton’s investment platform after succeeding Rick Hurd. He brings more than 18 years of multifamily investment and development experience, including CEO of Fabric Housing and senior leadership at Lennar, where he helped scale LMC Investments and formed LennarSFR.
Current title
Managing Partner, Chief Investment Officer
since 2025
Experience
18+ years real estate investment
Companies before
Fabric HousingLennarGrandbridge Real Estate CapitalCrescent Communities
Education
University of North CarolinaBachelor of Science in Economics
Other boards
none sourced
Known for
Chief investment officerex-Lennarex-Fabric Housing
https://linkedin.com/in/john-w-gray-b347a014

Sources: degree

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
where he earned a Bachelor of Science in Economics
value seen: Bachelor of Science in Economics
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: institution

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
He is a graduate of the University of North Carolina
value seen: University of North Carolina
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: full name

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Industry veteran John W. Gray has been hired to succeed Mr. Hurd as Managing Partner, Chief Investment Officer.
value seen: John W. Gray
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: linkedin page

SOCIALdate not shown in source

John W. Gray

LinkedIn
John W. Gray — Waterton
value seen: https://linkedin.com/in/john-w-gray-b347a014
https://linkedin.com/in/john-w-gray-b347a014

Sources: previous companies

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Most recently serving as CEO of Fabric Housing
value seen: Fabric Housing
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: previous companies

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Prior to that, he spent over a decade at Lennar
value seen: Lennar
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: previous companies

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Prior to Lennar, Mr. Gray launched his career with positions at Grandbridge Real Estate Capital
value seen: Grandbridge Real Estate Capital
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: previous companies

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
and Crescent Communities
value seen: Crescent Communities
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: since

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Industry veteran John W. Gray has been hired to succeed Mr. Hurd as Managing Partner, Chief Investment Officer.
value seen: 2025
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: summary

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Mr. Gray brings over 18 years of experience in real estate investment and development... CEO of Fabric Housing... Prior to that... Lennar... over 25,000 units developed and $8 billion in assets under management.
value seen: Managing partner and CIO, Gray leads Waterton’s investment platform after succeeding Rick Hurd. He brings more than 18 years of multifamily investment and development experience, including CEO of Fabric Housing and senior leadership at Lennar, where he helped scale LMC Investments and formed LennarSFR.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
Managing Partner, Chief Investment Officer
value seen: Chief investment officer
value paraphrased from this source
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
over 18 years of experience in real estate investment and development
value seen: 18+ yrs real estate investment
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
spent over a decade at Lennar
value seen: ex-Lennar
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
CEO of Fabric Housing
value seen: ex-Fabric Housing
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/

Sources: title

COMPANYdate not shown in source

Waterton Names Industry Veteran John W. Gray as New Managing Partner, Chief Investment Officer

Waterton Residential
Industry veteran John W. Gray has been hired to succeed Mr. Hurd as Managing Partner, Chief Investment Officer.
value seen: Managing Partner, Chief Investment Officer
https://www.waterton.com/blog/2025/07/15/waterton-names-industry-veteran-john-w-gray-as-new-managing-partner-chief-investment-officer/
SF
Stephanie F. Brock
Managing partner for property management, Brock leads Waterton’s operations team and national multifamily operations strategy. She brings more than 30 years in multifamily, including senior roles at McWhinney, US Residential and Greystar, with a track record in integrating operations, technology and growth initiatives.
Current title
Managing Partner, Property Management
since November 16, 2021
Experience
30+ years multifamily
Companies before
McWhinney Real Estate ServicesUS ResidentialGreystar Real Estate
Education
The University of Texas, Austinbachelor’s degree in journalism
Other boards
none sourced
Known for
Property managementex-Greystar
https://linkedin.com/in/stephanie-f-brock-cpm-5722019
Waterton’s reputation as a strategic leader in the multifamily industry and their outstanding corporate culture made them an ideal fit. Waterton Residential November 2, 2021https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/
Waterton’s reputation as a strategic leader in the multifamily industry and their outstanding corporate culture made them an ideal fit. Waterton Residential November 2, 2021https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: degree

OTHERdate not shown in source

Stephanie Brock Managing Partner, Property Management

National Multifamily Housing Council
Ms. Brock holds a bachelor’s degree in journalism from The University of Texas, Austin
value seen: bachelor’s degree in journalism
https://www.nmhc.org/globalassets/meetings/speaker-headshots/bios/brock_stephanie_bio.pdf

Sources: institution

OTHERdate not shown in source

Stephanie Brock Managing Partner, Property Management

National Multifamily Housing Council
Ms. Brock holds a bachelor’s degree in journalism from The University of Texas, Austin
value seen: The University of Texas, Austin
https://www.nmhc.org/globalassets/meetings/speaker-headshots/bios/brock_stephanie_bio.pdf

Sources: full name

COMPANYdate not shown in source

Waterton Welcomes Stephanie Brock As Executive Vice President of Operations

Waterton Residential
Ms. Brock joins Waterton on November 16, based in Denver, CO, and will report directly to Waterton CEO and Chairman David Schwartz.
value seen: Stephanie F. Brock
held out of the figures · the quote does not carry this value
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: linkedin page

SOCIALdate not shown in source

Stephanie F. Brock

LinkedIn
Stephanie F. Brock — Waterton
value seen: https://linkedin.com/in/stephanie-f-brock-cpm-5722019
https://linkedin.com/in/stephanie-f-brock-cpm-5722019

Sources: previous companies

COMPANYdate not shown in source

Stephanie Brock Managing Partner, Property Management

Waterton Residential
Prior to joining Waterton, Ms. Brock served as the senior vice president of multifamily asset management and operations at McWhinney Real Estate Services
value seen: McWhinney Real Estate Services
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: previous companies

COMPANYdate not shown in source

Stephanie Brock Managing Partner, Property Management

Waterton Residential
She previously served as president of US Residential
value seen: US Residential
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: previous companies

COMPANYdate not shown in source

Stephanie Brock Managing Partner, Property Management

Waterton Residential
and as senior managing director for Greystar Real Estate’s Central Mountain Division
value seen: Greystar Real Estate
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: quote

COMPANY2021-11-02

Waterton Residential

Waterton Residential
Waterton’s reputation as a strategic leader in the multifamily industry and their outstanding corporate culture made them an ideal fit.
value seen: Waterton’s reputation as a strategic leader in the multifamily industry and their outstanding corporate culture made them an ideal fit.
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/
COMPANY2021-11-02

Waterton Residential

Waterton Residential
Waterton’s reputation as a strategic leader in the multifamily industry and their outstanding corporate culture made them an ideal fit.
value seen: Waterton’s reputation as a strategic leader in the multifamily industry and their outstanding corporate culture made them an ideal fit.
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: since

COMPANYdate not shown in source

Waterton Welcomes Stephanie Brock As Executive Vice President of Operations

Waterton Residential
Ms. Brock joins Waterton on November 16, based in Denver, CO, and will report directly to Waterton CEO and Chairman David Schwartz.
value seen: November 16, 2021
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: summary

COMPANYdate not shown in source

Waterton Welcomes Stephanie Brock As Executive Vice President of Operations

Waterton Residential
Ms. Brock will be responsible for leading the firm’s operations team and driving the overall operations strategy... With more than 30 years of experience... Prior to joining... McWhinney... US Residential... Greystar.
value seen: Managing partner for property management, Brock leads Waterton’s operations team and national multifamily operations strategy. She brings more than 30 years in multifamily, including senior roles at McWhinney, US Residential and Greystar, with a track record in integrating operations, technology and growth initiatives.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
Managing Partner, Property Management
value seen: Property management
value paraphrased from this source
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
more than 30 years of experience in the multifamily sector
value seen: 30+ yrs multifamily
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: tags

COMPANYdate not shown in source

Supporting profile

Waterton/independent
senior managing director for Greystar Real Estate
value seen: ex-Greystar
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Sources: title

COMPANYdate not shown in source

Waterton Welcomes Stephanie Brock As Executive Vice President of Operations

Waterton Residential
Ms. Brock joins Waterton on November 16, based in Denver, CO, and will report directly to Waterton CEO and Chairman David Schwartz.
value seen: Managing Partner, Property Management
held out of the figures · the quote does not carry this value
https://www.waterton.com/blog/2021/11/02/waterton-welcomes-stephanie-brock-as-executive-vice-president-of-operations/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

3 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Outbound StoweStowe, United States
hotel731————2023September 21, 2023Sep 2024Sep 20240.0 mo
(0.0 to 0.0)
estimatedcompleted
Outbound MammothMammoth Lakes, United States
hotel1791——USD 34m
estimated cost
—2021November 30, 2021Sep 2023 – Nov 2023Dec 2023+2.0 mo
(+1.0 to +3.0)
sourcedcompleted
The Virginian LodgeJackson, United States
hotel1651————20202020-08-24Jun 2022 – Aug 2022Aug 2022+1.0 mo
(0.0 to +2.0)
estimatedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
PROJECT AWARD Winner 2026
CAMME Property Excellence Award — Vintage: Substantially Renovated · The Belden-Stratford
The Belden-Stratford, managed by Waterton, won the 2026 CAMME Property Excellence Award in the Vintage: Substantially Renovated category.
PROJECT AWARD Winner 2026
CAMME Curb Appeal Award — Vintage · The Belden-Stratford
The Belden-Stratford, managed by Waterton, won the 2026 CAMME Curb Appeal Award in the Vintage category.
PROJECT AWARD Winner 2026
CAMME Individual Marketing / Advertising Piece Award — Property · Shoreham & Tides at Lakeshore East
Shoreham & Tides at Lakeshore East, Waterton, won the 2026 CAMME Individual Marketing / Advertising Piece Award in the Property category.
SAFETY / QUALITY Ranked February 10, 2025
Kingsley Excellence Award — Top 100 Multifamily Properties · Belden-Stratford
Belden-Stratford, managed by Waterton Residential, ranked 49th among the 2025 Kingsley Top 100 Multifamily Properties for exceeding the Kingsley Index for overall resident satisfaction in 2024.
SAFETY / QUALITY Ranked February 2, 2024
Kingsley Excellence Award — Top 100 Multifamily Properties · Belden-Stratford
Belden-Stratford, managed by Waterton Residential, ranked 28th among the 2024 Kingsley Top 100 Multifamily Properties for exceeding the Kingsley Index for overall resident satisfaction in 2023.
RANKING Ranked 2025
NMHC Top 50 Owners List
Waterton ranked 43rd on the 2025 NMHC Top 50 Owners List, based on 28,543 owned units.

Risks

Risk flags

2 found
RISK Complaint filed August 13, 2024; responses and dispute recorded through August 27, 2024.
A BBB complaint reported that a former Waterton resident alleged disputed move-out charges, carpet-replacement billing, and referral of the balance to a pre-collections agency; Waterton said the account was in pre-collection rather than credit-reported collections and defended the charges, while the complainant rejected the response, so the allegations were not independently established.
RISK Complaint filed October 17, 2023; responses and dispute recorded through October 30, 2023.
A BBB complaint reported that a resident alleged inaccurate or unexplained water billing and delays in addressing a malfunctioning submeter; Waterton said it was working with its utility provider and later granted an early move-out, but the resident continued to dispute the estimated charges and stated the meter issue remained unresolved.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 11, 2026 this month
Profile last researchedOctober 11, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.