As part of a long-planned transition into semi-retirement, Pete Vilim, co-founder of Taylor Johnson client Waterton, has shifted from his role as co-chairman to vice chairman of the Chicago-based company. In his new position, Vilim will increase his involvement with various organizations dedicated to providing affordable housing and homeless services to low-income families and individuals. Vilim will focus on needs associated with “the space between,” which refers to the widening gap between government-funded housing assistance and conventional income-qualifying rentals. He will retain the second-largest ownership interest in Waterton, as well as his equity stake in all existing Waterton property investments, and continue to be involved in the company’s strategic direction. Read more in REJournals.com and PERE.

Pete Vilim