Prudential director acquires Near North condo

Patrick and Rebecca Kempton bought a condo at 55 W. Delaware Place in Near North from John and Paulette Power for $915,000 on Oct. 14.

Unit #920 was built in 2000 and is part of the Park Newberry condominium development.

Mr. Kempton is a director at Prudential Huntoon Paige, where he handles the origination of mortgage products and FHA-insured loans. Prior to that, he was vice president at Huntington Corp., and an assistant vice president at Red Mortgage Capital, Inc.

He received his bachelors in biochemistry from Manhattan College and his M.B.A. in finance and real estate from Ohio State University.

Mrs. Kempton graduated from Dartmouth College and completed her medical degree at the Weill Medical College of Cornell University.

The couple was married in July 2005.

There were 677 condo sales in Near North in 2008, with a median sales price of $316,000.

Address: 55 West Delaware Place
Buyer(s): Patrick J Kempton and Rebecca C Kempton
Seller(s): John W Power and Paulette M Power
Sale date: Oct. 14, 2008

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