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Origin Investments Acquires Chicago Property

Origin Investments Acquires Chicago Property

Origin Investments has purchased an apartment building in the center of the swiftly-growing submarket immediately west of Chicago’s Loop central business district, in a transaction valued at $65.8 million. The seller and original developer was Michigan Avenue Real...

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This Week’s Chicago Deal Sheet

This Week’s Chicago Deal Sheet

Kiser Group’s Rick Ofman brokered the $2.1M sale of a five-unit Ukrainian Village apartment building at 1101 North Damen Ave. He represented both the seller, Ukrainian Village Capital, and the private buyer. View Article Here

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Kiser Group Brokers 1101 N. Damen for $2,100,000.00

Kiser Group Brokers 1101 N. Damen for $2,100,000.00

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered a five-unit Ukrainian Village apartment building located at 1101 N. Damen for $2,100,000. Kiser Group Broker Rick Ofman represented both the seller, Ukrainian Village Capital, LLC,...

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RE Journals: CRE Future Leaders Danny Logarakis

RE Journals: CRE Future Leaders Danny Logarakis

Danny Logarakis, a broker with Kiser Group, has facilitated $50 million in multifamily transactions throughout his career. Since joining the firm in 2016, he has specialized in the analysis and disposition of value-add properties throughout Chicago. Tell us about...

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The Real Deal: Two condo deconversions close in Oak Park

The Real Deal: Two condo deconversions close in Oak Park

By Brianna Kelly, The Real Deal Chicago Condominium deconversions may still have legs in the Chicago area. Local multifamily brokerage Kiser Group recently brokered two small deconversions in suburban Oak Park for a combined $12.4 million. Hadar Goldman’s...

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Connect Media: South Shore Apartment Trio Sets Pricing Record

Connect Media: South Shore Apartment Trio Sets Pricing Record

Kiser Group recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments in the South Shore neighborhood sold for $18,400,000, representing the largest sale by dollar amount in the submarket in the past 15...

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RE Journals: Mixed-use Gold Coast property hits the market

RE Journals: Mixed-use Gold Coast property hits the market

Kiser Group and Zacuto Group are marketing 56 E. Chicago Avenue for sale. Located between Chicago’s Gold Coast and River North neighborhoods, 56 E. Chicago Avenue is positioned near the Magnificent Mile, at the intersection of Chicago Avenue and Rush...

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Forbes: Will Apartments Be A Good Investment In 2020?

Forbes: Will Apartments Be A Good Investment In 2020?

When I wrote a 2019 outlook article in January, the market was experiencing rent stagnation, and we were also expecting increases in interest rates in the first quarter of 2019. My advice was to focus on fundamentals, hone your investment strategy and...

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RE Journals: Kiser Group announces three new broker hires

RE Journals: Kiser Group announces three new broker hires

Chicago-based multifamily brokerage, Kiser Group, announced new brokerage hires Bryan Wright, Ron Plonis and Michael Lacy. Wright has a diverse background in operations and finance. He will focus his brokerage efforts on the northwest side of Chicago including...

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Forbes: Are Apartments A Good Investment In A Recession?

Forbes: Are Apartments A Good Investment In A Recession?

The short answer is yes — apartments historically are sound no matter the economic winds, but especially so during a recession. The long answer includes defining “recession,” understanding the recessional impact on different apartment asset classes and examining debt...

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RE Journals: Did Chicago just deep-six deconversions?

RE Journals: Did Chicago just deep-six deconversions?

Chicago’s City Council has passed a resolution to increase the voting threshold on condo deconversions. Now, any building looking to switch from condo to rental will need the assent of 85 percent of the condo owners, instead of the 75 percent threshold that previously...

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