Pritzker Realty Group, the Chicago-based real estate firm affiliated with the wealthy Pritzker family, formed a joint venture with the Bozzuto Group to invest in apartment buildings on the East Coast.

The venture, which has an initial capital commitment of $75 million, will focus on properties in the greater Baltimore-Washington area, as well as in the broader Mid-Atlantic and Northeast region.

“This partnership allows us to tap into Bozzuto’s market expertise to invest in multifamily developments,” said Penny Pritzker, CEO of the namesake company and one of the key business leaders in the Pritzker family empire. Get the full story »