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How Condo Buildings End

How Condo Buildings End

Aggressive developers looking for a way in—or desperate homeowners looking for a way out. Bertrand Goldberg’s famous River City complex in Chicago looks like nothing so much as an old bus operator’s coin dispenser, glass windows stacked inside its joined concrete...

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Here are your 2021 Illinois Real Estate Journal Awards winners

Here are your 2021 Illinois Real Estate Journal Awards winners

During the evening of Thursday, July 22, over 400 real estate professionals from across the Chicagoland metro region convened at the Hyatt Regency O’Hare to attend the 2nd annual Illinois Real Estate Journal Awards event. And there was certainly cause for celebration...

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Kiser Group Promotes Danny Mantis to Director

Kiser Group Promotes Danny Mantis to Director

Kiser Group, Chicago’s leading multifamily brokerage firm, announces the promotion of Danny Mantis to Director from Advisor. Since joining the firm in 2015, Mantis has used his strong analytical background to help clients meet their real estate investment objectives,...

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Kiser Group Brings 752-Unit Apartment Property to Market

Kiser Group Brings 752-Unit Apartment Property to Market

Kiser Group, Chicagoland’s leading multifamily brokerage firm, lists Park Ridge Commons in Des Plaines, IL, a 752-unit multifamily property. The property is being marketed by Kiser Group’s Matt Halper, Danny Mantis and Lee Kiser. “The suburban multifamily market is in...

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Annual Summer Soirée Returns

Annual Summer Soirée Returns

Thursday, August 12 5pm-9pm The top networking opportunity of the year for the neighborhood housing industry Reconnect with your old friends—and make new friends. This event is always well-attended, and this year promises to be even more popular than usual....

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Demand for Value-Add Multifamily Acquisitions Outpaces Supply

Demand for Value-Add Multifamily Acquisitions Outpaces Supply

Earlier this year, national real estate investor and operator Waterton closed fundraising activity for a multifamily value-add fund with $1.5 billion in equity commitments from global institutional investors. Waterton launched the fund, known as Waterton Residential...

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How To Effectively Assess The Value Of A Potential Investment

How To Effectively Assess The Value Of A Potential Investment

The real estate industry is a highly competitive market. Deciding what properties are worth your investment can be difficult, especially for newer investors. Thankfully, with the current technology and digital tools available to real estate professionals, the value...

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Kiser Group announces new hire and promotion

Kiser Group announces new hire and promotion

Kiser Group, Chicagoland’s leading multifamily brokerage firm, announces a promotion and new hire in June 2021. Austin Parker – an Associate on the Birk | Sklar team – has been promoted to Advisor after nearly two years with the company. In this new role, Parker will...

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Kiser Group Promotes Austin Parker to Advisor

Kiser Group Promotes Austin Parker to Advisor

Austin Parker – an Associate on the Birk | Sklar team – has been promoted to Advisor after nearly two years with the company. In this new role, Parker will focus on helping investors buy and sell multifamily properties between two and four units throughout Chicago....

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CRE Future Leaders: Jake Parker of Kiser Group

CRE Future Leaders: Jake Parker of Kiser Group

Jake’s entrepreneurial spirit started early. Outside of commercial real estate, he developed and launched a successful online electronics e-commerce business which has seen year-over-year growth over the past six years. Jake graduated with honors from Michigan State...

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Kiser Group Lists Motor Row Mixed-Use for Sale

Kiser Group Lists Motor Row Mixed-Use for Sale

Kiser Group has listed 2036 S. Michigan Ave., a mixed-use development in Chicago’s South Loop, for $32.5 million. The listing is being marketed by Kiser Group partners Noah Birk and Aaron Sklar and principal and managing broker Lee Kiser. “An investment at 2036 S....

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A Perfect Storm To Leverage Equity For Acquisitions

A Perfect Storm To Leverage Equity For Acquisitions

Equity is not static. At a simple level, the equity you have in your building is the difference between its market value and what you owe on the loan. The price you originally paid and the amount you initially borrowed have nothing to do with your current equity....

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Kiser brokers four multifamily properties in Gary, Indiana

Kiser brokers four multifamily properties in Gary, Indiana

Chicago-based commercial brokerage Kiser Group has advised on four separate transactions in Gary, Indiana totaling $1.6 million. Advisor Kyle Sissell represented both the buyer and seller in all transactions. Recent Gary, Indiana transactions include: 3433 Colfax...

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Kiser Group Arranges $32M Deconversion Sale

Kiser Group Arranges $32M Deconversion Sale

Kiser Group advised on the $32.3 million sale of The Barry Quad, a three-building, 115-unit condominium deconversion in the North Side’s Lakeview neighborhood. Andrew Friedman and Jake Parker represented both the seller, Barry Quadrangle Condominium Association, and...

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Kiser Group Brokers $32.3M Condo Deconversion Sale in Chicago

Kiser Group Brokers $32.3M Condo Deconversion Sale in Chicago

CHICAGO — Kiser Group has brokered a condo deconversion sale in Chicago’s Lakeview neighborhood for $32.2 million. Known as The Barry Quad, the three-building condominium property includes 115 units. Andrew Friedman and Jake Parker of Kiser represented both the...

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Demand for South Side multifamily properties heating up

Demand for South Side multifamily properties heating up

In the last four months, Kiser Group’s Birk | Sklar team has brokered 21 buildings, totaling 380 units across Chicago’s south and west side neighborhoods. Partners Noah Birk and Aaron Sklar lead the team and anticipate this year’s momentum to continue to increase....

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The Inevitable Crossroads For A Successful CRE Broker

The Inevitable Crossroads For A Successful CRE Broker

If you’re someone who feels like you’ve reached the top of the CRE broker mountain, first, my congratulations. I know you didn’t get to this position without hard work. Right now, you’re high-producing and well-compensated, you’ve built out a small support staff or...

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The Inevitable Crossroads For A Successful CRE Broker

The Inevitable Crossroads For A Successful CRE Broker

If you’re someone who feels like you’ve reached the top of the CRE broker mountain, first, my congratulations. I know you didn’t get to this position without hard work. Right now, you’re high-producing and well-compensated, you’ve built out a small support staff or...

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This Week’s Chicago Deal Sheet

This Week’s Chicago Deal Sheet

Skender completed interior construction of the 536K SF office relocation for Bank of America’s downtown Chicago offices. The bank moved to the Bank of America Tower at 110 North Wacker Drive, a new 56-story office building. The financial institution occupies 17...

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Kiser Group Closes Deal for Rare Lakeview Opportunity

Kiser Group Closes Deal for Rare Lakeview Opportunity

Kiser Group advised on the $10.25-million sale of Graceway Corners, a three-story mixed-use development in the North Side’s Lakeview neighborhood. Advisors Andrew Friedman and Jake Parker along with principal and managing broker Lee Kiser represented both the seller,...

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Kiser brokers sale of Lakeview multiunit for $10.25 million

Kiser brokers sale of Lakeview multiunit for $10.25 million

Kiser Group has advised on the $10.25 million sale of Graceway Corners, a three-story mixed-use development in Chicago. Kiser Group Advisors Andrew Friedman and Jake Parker along with Principal and Managing Broker Lee Kiser represented both the seller, Keen Realty,...

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Renovated Apartments Trade in South Humboldt Park

Renovated Apartments Trade in South Humboldt Park

Kiser Group recently closed the $3.7-million sale of 3432-40 W. Franklin Blvd. The 46-unit multifamily property is located on Chicago’s West Side in the South Humboldt Park neighborhood. Advisors Jack Petrando, Danny Logarakis and Rick Ofman brokered the fully...

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Kiser Group Advises On $10.25 Million Mixed-Use Lakeview Sale

Kiser Group Advises On $10.25 Million Mixed-Use Lakeview Sale

Kiser Group, Chicago’s leading multifamily brokerage firm, has advised on the $10.25 million sale of Graceway Corners, a three-story mixed-use development in Chicago. Kiser Group Advisors Andrew Friedman and Jake Parker along with Principal and Managing Broker Lee...

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Multifamily Collection And Occupancy: The Worst Is Behind Us

Multifamily Collection And Occupancy: The Worst Is Behind Us

At the end of 2020, apartment owners — particularly those in the mid-market segment of the industry — concluded one of the worst revenue years in memory as a result of the Covid-19 pandemic. Occupancy fell, especially in dense urban areas also affected by civil...

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Downers Grove Apartments Trade to HP Ventures

Downers Grove Apartments Trade to HP Ventures

HP Ventures Group-Development Services LLC acquired East Village Apartments in Downers Grove, IL for $7.1 million. Kiser Group’s Ron Plonis represented both the seller, Forth Group Real Estate, and buyer. “HP’s properties offer relatively large units in Chicago’s...

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Kiser Group adds new advisor to Chicago office

Kiser Group adds new advisor to Chicago office

Chicago-based multifamily brokerage Kiser Group has hired advisor Jeff Leibovich. Working with advisor Ron Plonis, the pair will focus on Chicago’s suburban multifamily market. Leibovich has recently joined Kiser Group with a background in multifamily development and...

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Kiser Group Hires Jeff Leibovich As Advisor

Kiser Group Hires Jeff Leibovich As Advisor

Chicago-based multifamily brokerage Kiser Group has hired Advisor Jeff Leibovich. Working with Advisor Ron Plonis, the pair will focus on Chicago’s suburban multifamily market.   “Kiser Group has exceeded expectations, and it’s wonderful to have such a strong...

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CRE Future Leaders: Rick Ofman, Kiser Group

CRE Future Leaders: Rick Ofman, Kiser Group

As an advisor with Kiser Group, Rick Ofman specializes in the sale of multifamily investment properties on Chicago’s North Side. Since joining the firm, he has brokered over $90 million in multifamily real estate sales. Tell us about your background. Where did you...

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CRE Future Leaders: Rick Ofman, Kiser Group

CRE Future Leaders: Rick Ofman, Kiser Group

CRE Future Leaders: Rick Ofman, Kiser Group As an advisor with Kiser Group, Rick Ofman specializes in the sale of multifamily investment properties on Chicago’s North Side. Since joining the firm, he has brokered over $90 million in multifamily real estate sales. Tell...

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Kiser Group brings 72 units to market in Arlington Heights

Kiser Group brings 72 units to market in Arlington Heights

Timber Court, located at 3400-20 N. Old Arlington Heights Road, was listed for sale by multifamily brokerage firm Kiser Group. The 72-unit multifamily property is in the sought-after Chicago suburb of Arlington Heights, Illinois. Advisor Ron Plonis, principal and...

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Kiser Group Brings 72 Units To Market In Arlington Heights

Kiser Group Brings 72 Units To Market In Arlington Heights

Timber Court, located at 3400-20 N. Old Arlington Heights Rd., was listed for sale by multifamily brokerage firm Kiser Group. The 72-unit multifamily property is in the sought-after Chicago suburb of Arlington Heights. Advisor Ron Plonis, Principal and Managing Broker...

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Deconversion Deal Goes Through on Second Try

Deconversion Deal Goes Through on Second Try

Kiser Group advised the Estes Villa Condominium Association through a Section 15 deconversion sale. The 16-unit, circa-1930 building at 2641 W. Estes Ave. in the North Side’s West Ridge neighborhood sold for $2.26 million. Advisors Andy Friedman and Danny Logarakis...

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WPD Management Launches Initiative to Give Back

WPD Management Launches Initiative to Give Back

WPD Management, a property management company operating throughout the South Side of Chicago, launched WPD Cares. The initiative aims to give back to residents, communities served and employees. “We’ve seen the impact the pandemic has had and wanted to create a more...

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WPD Management launches WPD Cares initiative

WPD Management launches WPD Cares initiative

WPD Management, a property management company operating throughout the South Side of Chicago, has launched WPD Cares. The initiative aims to give back to residents, communities served and employees. “We’ve seen the impact the pandemic has had and wanted to create a...

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WPD Management Launches WPD Cares Initiative

WPD Management Launches WPD Cares Initiative

WPD Management, a property management company operating throughout the south side of Chicago, launches WPD Cares. The initiative aims to give back to residents, communities served and employees.   “We’ve seen the impact the pandemic has had and wanted to create a...

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POAH Makes Acquisition in East Rogers Park

POAH Makes Acquisition in East Rogers Park

Levy House, a 57-unit, seven-story apartment building located at 1221 W. Sherwin Ave. in Chicago’s East Rogers Park neighborhood, has sold for $8,100,000. Affordable Housing Investment Brokerage partnered on the listing with Kiser Group so the seller had the benefit...

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