River House apartments near downtown Milwaukee sold for $58 million

The River House apartments near downtown Milwaukee sold for $58 million to Washington state investor Weidner Apartment Homes, which through several recent acquisitions is quickly becoming one of the largest housing landlords in the city.

The River House property is on the Milwaukee River at 1785 N. Water St., and includes two apartment buildings that were completed in 2017. Atlantic Realty Partners Inc., which developed River House, sold the two buildings and 243 apartments to Weidner, according…