STRATEGIC DEAL-MAKING: HOW KISER GROUP FACILITATED A WIN-WIN SALE IN THE DAYTON MSA AMIDST MARKET CHALLENGES

The Result: In 2024, Kiser Group facilitated the successful sale of a multifamily property in the Dayton MSA amidst a challenging market environment. The transaction not only exceeded the seller’s expectations but also allowed him to leverage into a 1031 exchange to scale his portfolio. Simultaneously, the buyer, a local investor, achieved his goal of expanding his holdings and plans to enhance the asset’s value through renovations and operational improvements.

Challenges and Solutions: Kiser Group overcame several hurdles during this transaction by employing strategic and innovative solutions:

Navigating Complex Financing Amid Tight Lending Conditions

Challenge: Tight lending conditions made securing financing for the transaction more complex.

Proactive Communication and Issue Mitigation for a Seamless Transaction

Solution: We remained proactive in requests and maintained open communication with both parties to ensure a smooth process, predicting potential issues and addressing them prior to issues arising.

Navigating Uncertainty: Deferred Maintenance and Tenant Balances

Challenge: Questions regarding deferred maintenance and outstanding tenant balances created uncertainty for both parties.

Building Confidence: Collaborative Strategies for Tenant and Maintenance Challenges

Solution: We conducted multiple site visits and collaborated with the seller to address concerns. We also worked with the buyer to develop a plan for resolving tenant issues, ensuring confidence in the transaction.

Seller Hesitation Due to Limited 1031 Exchange Supply

Challenge: The seller was hesitant to proceed until sufficient supply entered the market for his 1031 exchange needs.

Strategic Timing and Negotiated Safety Measures Secure Seller Confidence

Solution: Through consistent relationship-building and by providing market insights, we helped the seller identify the right time to proceed alongside safety measures that were previously negotiated.

Key Strategies Implemented:

Proactive Relationship Building: We cultivated trust with both the seller and buyer over months, providing tailored insights to address their specific goals.

Market Knowledge and Networking: Leveraging our understanding of the Dayton MSA and experience, we positioned the deal to meet the needs of both parties.

Outcome:

The sale exceeded the seller’s valuation expectations, providing him with the opportunity to expand his portfolio through a 1031 exchange. The buyer acquired a well-positioned asset with the potential for significant improvements and portfolio growth. The transaction exemplifies Kiser Group’s ability to deliver win-win outcomes through strategic market expertise and client-focused solutions.

Author:

Kiser Group Staff