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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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Kiser Group Lists South Humboldt Park Rentals

Kiser Group Lists South Humboldt Park Rentals

3432-40 W. Franklin Blvd. was recently listed for sale by Kiser Group. The 46-unit multifamily property is located in the West Side’s South Humboldt Park neighborhood. Fully gut renovated by its current ownership, 3432-40 W. Franklin Blvd. is listed for $4,325,000 and...

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Kiser Group Arranges Suburban Chicago Sale

Kiser Group Arranges Suburban Chicago Sale

Matt Halper, Danny Mantis and Lee Kiser represented both parties in the 80-unit transaction in Lockport, Ill. Kiser Group has closed the $7.3 million disposition of Lockport South Apartments, an 80-unit community in Chicago’s southwestern suburbs. Director Matt...

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Kiser Advises on Lockport Apartments Sale

Kiser Advises on Lockport Apartments Sale

Kiser Group advised on the sale of Lockport South Apartments in Lockport, IL. Located at 551 Diane Ct., the 80-unit multifamily property sold for $7,250,000. Director Matt Halper, advisor Danny Mantis and managing broker Lee Kiser represented both the buyer and...

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How To Choose The Right Brokerage Firm As A New CRE Broker

How To Choose The Right Brokerage Firm As A New CRE Broker

Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm You’ve decided to be your own boss and start your own business as a commercial real estate broker. You’ve taken and passed your...

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