Breaking news – Mondial sold to Waterton

Earlier this afternoon I spoke to a representative of Waterton Residential who confirmed a rumor I’d heard this morning that Waterton had acquired Mondial, the off-again on-again River West condo development.

The person I spoke to was unable to provide further details, but I have calls in to developer Jack Berger and another Waterton representative.

In the above video architect – developer Jack talks about the architecture of Mondial. Part 2 of the video is at YouTube.

Update: Crain’s has more details at Chicago Real Estate Daily.

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