NEWSROOM
This Week’s Chicago Deal Sheet – December 15th 2020
One year after breaking ground on Bridge Point Itasca, a 741K SF industrial campus in suburban Itasca, Bridge Development Partners has leased almost two-thirds of the project to long-term tenants, company officials said in a press release. Costco-Innovel Solutions is...
Multifamily Brokerage Firm Kiser Group Expands Team with Addition of Refiloe Lethunya, Dan Gabbard and Michael Yangas
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage, announces Refiloe Lethunya and Dan Gabbard have joined as Advisors and Michael Yangas as an Associate. Refiloe Lethunya brings a diverse background in operations and business development to his...
Three Factors Impacting The 2021 Apartment Outlook
2021 Apartment Outlook Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. GETTY The health of a multifamily investment is determined by occupancy and collections....
Kiser Group adds two advisors and an associate
Chicago-based Kiser Group has hired Refiloe Lethunya and Dan Gabbard as advisors, as well as Michael Yangas as an associate. Lethunya brings a diverse background in operations and business development to his advisor role. He will focus his brokerage efforts...
Kiser Group Hires Refiloe Lethunya, Dan Gabbard & Michael Yangas
Kiser Group, Chicago’s leading multifamily brokerage, announces Refiloe Lethunya and Dan Gabbard have joined as Advisors and Michael Yangas as an Associate. Refiloe Lethunya brings a diverse background in operations and...
Kiser Group Brings 46-Unit Apartment Building Located in Chicago’s Popular South Humboldt Park Neighborhood to Market
CHICAGO, IL - 3432-40 W. Franklin Blvd. has been listed for sale by multifamily brokerage firm Kiser Group. The 46-unit multifamily property is located in Chicago’s South Humboldt Park neighborhood. 3432-40 W. Franklin Blvd. is listed for $4,325,000 and represented by...
11 Ways Brokerages Can Compete Against iBuying
The real estate business is getting more competitive with each passing day. iBuying has taken over the industry with house flippers and real estate companies doing their buying and selling without even visiting the property. Zillow is now making it even easier for...
Multifamily Asset Lists in West Side O-Zone
3432-40 W. Franklin Blvd. has been 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 current ownership, 3432-40 W. Franklin Blvd. is listed for $4,325,000 and...
Kiser Group Brings 46-unit Humboldt Park Apartment to Market
3432-40 W. Franklin Blvd. has been listed for sale by multifamily brokerage firm Kiser Group. The 46-unit multifamily property is located in Chicago’s South Humboldt Park neighborhood. 3432-40 W. Franklin Blvd. is listed for $4,325,000 and represented by Advisors Jack...
Humboldt Park apartment building hits the market
Kiser Group has listed 3432-40 W. Franklin Boulevard for sale. The 46-unit multifamily property, located in Chicago’s South Humboldt Park neighborhood, is seeking $4,325,000. “We anticipate seeing local and out-of-state interest for this Opportunity Zone...
This Week’s Chicago Deal Sheet – December 1st 2020
The north suburban village of Wilmette gave final approval on Optima’s plans for a mixed-use development of 109 apartments and street-level retail at 1210 Central Ave. Optima plans to break ground in late 2021 at the site, which is occupied by a bank and is...
Kiser Group Arranges $3.5M Condo Deconversion Sale in Chicago’s Rogers Park
CHICAGO — Kiser Group has arranged the deconversion sale of a 28-unit multifamily building in Chicago’s Rogers Park neighborhood for $3.5 million. The property is located at 1319-27 W. Sherwin Ave. The three-story building was originally constructed as apartments in...
Kiser Group Advises on $3.5 Million Sale of Condominium Deconversion Project in Chicago’s Rogers Park Neighborhood
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, advised The 1319 West Sherwin Condominium Association through a Section 15 deconversion sale. Located at 1319-27 W. Sherwin, the 28-unit Rogers Park building sold for $3,500,000. Advisors Andy...
Leading Multifamily Brokerage Firm Kiser Group Advises on $1.95 Million Condominium Deconversion Sale in Chicago’s Albany Park
CHICAGO, IL - Kiser Group, Chicago's leading multifamily brokerage firm, advised the 5027-29 N. Harding Condominium Association through a Section 15 deconversion sale. Located at 5027-29 N. Harding, the 13-unit Albany Park building sold for $1,950,000. Advisors Andy...
November 2020 – This Week’s Chicago Deal Sheet
Lendlease and The John Buck Co., along with partner Intercontinental Real Estate Corp., completed the townhome residences at Porte, a two-tower mixed-use development at 855 West Madison St. in Chicago’s West Loop. The two-story, two-bedroom rental townhomes...
Kiser Group Arranges Chicago Condo Deconversion Sale
Andy Friedman, Jake Parker, Danny Logarakis and Rick Ofman arranged the sale of the 28-unit Rogers Park community. Kiser Group has brokered the $3.5 million Section 15 deconversion sale of 1319 W. Sherwin Ave., a 28-unit building in Chicago’s Rogers Park neighborhood....
Kiser Group Brokers $1.9M Condo Deconversion Sale in Chicago’s Albany Park
CHICAGO — Kiser Group has brokered the $1.9 million condo deconversion sale of a 13-unit property in Chicago’s Albany Park neighborhood. Located at 5027-29 N. Harding Ave., the three-story building was originally constructed as apartments in 1931. It was converted...
Kiser Group advises on $3.5M, 28-unit condo deconversion in Rogers Park
Kiser Group advised the 1319 West Sherwin Condominium Association through a Section 15 deconversion sale. Located at 1319-27 W. Sherwin Avenue in Chicago, the 28-unit Rogers Park building sold for $3,500,000. “We are happy to have led the association through a...
Kiser Group Advises On $3.5 Million, 28-unit Condo Deconversion in Rogers Park
Kiser Group, Chicago’s leading multifamily brokerage firm, advised The 1319 West Sherwin Condominium Association through a Section 15 deconversion sale. Located at 1319-27 W. Sherwin, the 28-unit Rogers Park building sold for $3,500,000. Advisors Andy Friedman, Jake...
Kiser Group Brokers Sale in Chicago’s South Shore
Partners Noah Birk and Aaron Sklar arranged the sale of the apartment community at a record per-unit price for the neighborhood. Kiser Group has arranged the $1.4 million sale of a 12-unit community in Chicago’s South Shore neighborhood, securing a record high price...
Kiser Group’s Birk | Sklar Team Closes Multiple Multifamily Transactions in Chicago’s South Side Neighborhoods Over the Last 30 Days
CHICAGO, IL - Kiser Group’s Birk | Sklar team recently brokered the sale of 6754 S. Cornell. The 12-unit building sold for $1,400,000, setting a South Shore neighborhood record price-per-unit record for an apartment sale. Partner Noah Birk and Partner Aaron Sklar...
6754 South Cornell Avenue – Traded
SALE IMAGE: Noah Birk & Aaron Sklar DATE: 10/02/2020 ADDRESS: 6754 S. Cornell Avenue MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Noah Birk & Aaron Sklar - Kiser Group (@KiserGroup) PRICE: $1,400,000 SF: 11,000 ~ PPSF: $127 See Full Post...
Kiser Group advises on $1.95 million condo deconversion in Albany Park
Kiser Group advised the 5027-29 N. Harding Condominium Association through a Section 15 deconversion sale. Located at 5027-29 N. Harding Avenue, the 13-unit Albany Park building sold for $1,950,000. Advisors Andy Friedman and Jake Parker represented the...
Kiser Group Advises On $1.95 Million, 13-unit Condo Deconversion in Albany Park
Kiser Group, Chicago's leading multifamily brokerage firm, advised the 5027-29 N. Harding Condominium Association through a Section 15 deconversion sale. Located at 5027-29 N. Harding, the 13-unit Albany Park building sold for $1,950,000. Advisors Andy Friedman and...
Albany Park Condos Trade in Deconversion Deal
Kiser Group advised the 5027-29 N. Harding Condominium Association through a Section 15 deconversion sale. Located at 5027-29 N. Harding, the 13-unit Albany Park building on Chicago’s Northwest Side sold for $1,950,000. Advisors Andy Friedman and Jake Parker...
Kiser Group’s Birk | Sklar team closes seven South Side multifamily transactions in 30 days
Kiser Group’s Birk | Sklar team recently brokered the sale of 6754 S. Cornell Avenue in Chicago. The 12-unit building sold for $1,400,000, setting a South Shore neighborhood price-per-unit record for an apartment sale. Partner Noah Birk and partner Aaron Sklar...
Kiser Group’s Birk | Sklar Team Closes 7 South Side Multifamily Transactions In 30 Days
Kiser Group’s Birk | Sklar team recently brokered the sale of 6754 S. Cornell. The 12-unit building sold for $1,400,000, setting a South Shore neighborhood record price-per-unit record for an apartment sale. Partner Noah Birk and Partner Aaron Sklar represented both...
Building A Brokerage? Avoid Partners With Any Of These 16 Traits
Building a real estate brokerage can be a rewarding and lucrative opportunity, but it isn’t something to rush into. You’ll want to do your research and carefully consider your options before making any major decisions. One such important decision is determining...
The Investor and Broker Relationship with Lee Kiser
Lee talks us through the kinds of conversations that investors should be having and how to facilitate better communications with new associates. He also gets into what brokers look for when evaluating potential investors and the preparation that can move the needle in...
Logan Square, Rogers Park Neighborhoods to Watch, Says Kiser Group
Two North Side neighborhoods and one each on the South and West Sides are considered among the multifamily markets to watch by Kiser Group brokers. In a recent blog posting, the team cited the North Side’s Logan Square and Rogers Park among six that merit investors’...
Honoring the top of our profession: Midwest Real Estate News’ Best of the Best 2020 edition is now online
For two decades, Midwest Real Estate News has honored the best the commercial real estate profession has to offer in its annual Best of the Best issue. And putting together Best of the Best in 2020, its 20th anniversary year, is more important than ever. CRE...
Measuring Multifamily Investing Success Is Like Baking A Cake
Multifamily Investing Success There are many ways to bake a cake. Not only are there countless types of cakes you can make, from a simple pound cake to bourbon peach cake, but there is an endless variety of ingredients for each individual recipe which ultimately...
Big deal: Deconversions still happening in Chicago
Condo deconversions should be dead in Chicago. The voting threshold was raised last year from 75 to 85 percent; rock bottom interest rates promote homeownership; the pandemic has caused many investors to pull back on their reins. And yet, the trend persists....
Realogy trainer switches brands, BHHS adds to Downers Grove office and multifamily duo formalizes team
birk | sklar formation Sandesh Bilgi starts new role with Sotheby’s Previously a national trainer with Better Homes & Gardens Real Estate and ERA Real Estate, Sandesh Bilgi told Chicago Agent he is taking on a new role with Realogy at Sotheby’s International...
Kiser Group Announces The Official Formation of The Birk | Sklar Team to Extend Multifamily Acquisition and Disposition Services
CHICAGO, IL - Kiser Group is pleased to announce the official formation of the Birk | Sklar team. Since 2015, Noah Birk and Aaron Sklar have been working together to help their clients on the acquisition and disposition of multifamily properties throughout the south...
EPISODE 23: BREAKING DOWN SOUTH SIDE NEIGHBORHOODS WITH CHICAGO’S HIGHEST PRODUCING BROKER, NOAH BIRK
Our guest today, Noah Birk, is the highest producing multi-family broker in Chicago since 2014. In this episode, Noah provides great hyper-local insights on MFH investing in neighborhoods like South Shore, Auburn Gresham, Washington Park and Englewood. We discuss the...
Birk and Sklar Form Team at Kiser Group
Kiser Group announced the official formation of the Birk | Sklar team. Since 2015, Noah Birk and Aaron Sklar have worked together on the acquisition and disposition of multifamily properties throughout Chicago’s South Side, and reportedly have sold more apartment...
Kiser Group’s Birk | Sklar Team Launches
Kiser Group is pleased to announce the official formation of the Birk | Sklar team. Since 2015, Noah Birk and Aaron Sklar have been working together to help their clients on the acquisition and disposition of multifamily properties throughout the south side of...
Kiser Group launches Birk | Sklar Team
Kiser Group announced the official formation of the Birk | Sklar team. Since 2015, Noah Birk and Aaron Sklar have been working together to help their clients on the acquisition and disposition of multifamily properties throughout the South Side of Chicago. According...
2020 Next Generation Honoree: Kiser Group’s Noah Birk a Top Individual Producer
Noah Birk NextGen 2020 Since joining Kiser Group in 2014, Noah Birk has successfully completed sales transactions in excess of $200 million on behalf of his clients. He was named Kiser Group’s Top Individual Producer in 2017, 2018 and 2019. In 2018, Birk set a new...
Kiser Group Brokers Sale of Two Affordable Multifamily Buildings in Chicago’s West Side Neighborhood for $2.85 Million
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two separate multifamily transactions on the west side of Chicago. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000. 1015 N. Pulaski is a...
Kiser Group Closes Two West Side Deals
Kiser Group recently brokered two separate multifamily transactions on Chicago’s West Side. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000. The 32-unit 1015 N. Pulaski is located in Humboldt Park. Kiser Group’s Danny Logarakis and the...
Kiser Group brokers $2.85M in West Side affordable multifamily sales
Kiser Group recently brokered two separate multifamily transactions on the West Side of Chicago. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000. 1015 N. Pulaski is a 32-unit apartment building located in the Humboldt Park neighborhood...
Kiser Group Brokers $2.85 Million In West Side Affordable Multifamily Sales
$2.85 Million In West Side Affordable Multifamily Sales Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two separate multifamily transactions on the west side of Chicago. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for...
Kiser Group brokers $2.85 million in West Side affordable multifamily sales
west side affordable multifamily Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two separate multifamily transactions on the west side of Chicago. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000. 1015 N....
Kiser Group Lists Lakeview’s Graceway Corners
Graceway Corners, located at 3751 N. Halsted St. in Lakeview, has been listed for sale by Kiser Group. The three-story mixed-use building features 24 residential units and 14 commercial units, and is represented by Kiser Group’s Andy Friedman, Jake Parker and Lee...
Multifamily Investments Weather Economic Winds — But Be Smart
Multifamily Investments Weather Economic Winds There is a broad spectrum of commercial real estate types to consider when investing. When the economy shifts or crises occur, multifamily has consistently proven its resiliency, stability and predictability. Multifamily...
Kiser Group Brings to Market Graceway Corners Mixed-Use Residential Development in Chicago’s Pivotal Lakeview Neighborhood
CHICAGO, IL - Graceway Corners, located at 3751 N. Halsted St., has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Located at the three-way intersection of Broadway, Halsted, and Grace in Lakeview, the three-story mixed-use building...
Kiser Group Brings to Market Graceway Corners, a Mixed-use Development in Lakeview
Graceway Corners, located at 3751 N. Halsted St., has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Located at the three-way intersection of Broadway, Halsted, and Grace in Lakeview, the three-story mixed-use building features 24...
Kiser Group brings mixed-use Lakeview development to market
Graceway Corners, located at 3751 N. Halsted Street in Chicago, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Located at the three-way intersection of Broadway, Halsted and Grace in Lakeview, the three-story mixed-use building...
Kiser Group Elevates Sklar to Partner
Kiser Group has named Aaron Sklar, who specializes in South Side multifamily sales, has been named partner. Sklar is the second partner at Kiser Group, following Noah Birk, after co-founders Lee Kiser and Estella Kiser created equity...
Chicago Based Multifamily Brokerage Firm Kiser Group Announces Appointment of Aaron Sklar as Partner in The Firm
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, announces Aaron Sklar, 32, has been named Partner. Sklar is the second Partner at Kiser Group, following Noah Birk, after co-founders Lee Kiser and Estella Kiser created equity positions in the...
Kiser Group announces Aaron Sklar as a partner
Kiser Group has named Aaron Sklar, 32, as partner. Sklar is the second partner at Kiser Group, following Noah Birk, after co-founders Lee Kiser and Estella Kiser created equity positions in the company. “We are grateful Aaron chose Kiser Group as the place to build...
Kiser Group names Aaron Sklar As Partner
Kiser Group, Chicago’s leading multifamily brokerage firm, announces Aaron Sklar, 32, has been named Partner. Sklar is the second Partner at Kiser Group, following Noah Birk, after co-founders Lee Kiser and Estella Kiser created equity positions in the company. ...
Kiser Group announces Aaron Sklar as partner
Kiser Group, Chicago’s leading multifamily brokerage firm, announces Aaron Sklar, 32, has been named Partner. Sklar is the second Partner at Kiser Group, following Noah Birk, after co-founders Lee Kiser and Estella Kiser created equity positions in the company. “We...
Mid-Market Apartment Metrics Remain Chicago Strong
Chicago’s mid-market apartment metrics remain strong amid the overhang of the COVID-19 pandemic and the gradual reopening, the Kiser Group reported. The brokerage followed up its May survey of multifamily owners, this time focusing on both physical occupancy and rent...
Advice For CRE Brokers: Working Through A Market Downturn
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. Savings and loan crisis, Gulf War, Black Monday, 9/11, the Great Recession ... and now, the global pandemic. Every...
Kiser Group’s Noah Birk and Aaron Sklar Brokered 472 Apartment Units Throughout Chicago’s South Side In Q1 and Q2 2020
CHICAGO, IL - So far in 2020, Kiser Group’s Partner Noah Birk and Senior Director Aaron Sklar have brokered 472 units and 18 multifamily properties throughout Chicago’s south side neighborhoods totaling $31,700,000. “Compared to last year at this time,...
Kiser Group’s Birk and Sklar: Chicago’s South Side seemingly immune to effects of COVID-19
So far in 2020, Kiser Group’s partner, Noah Birk, and senior director, Aaron Sklar, have brokered 472 units and 18 multifamily properties throughout Chicago’s South Side neighborhoods totaling $31,700,000. “Compared to last year at this time, multifamily inventory...
Kiser Group Sees Stable Demand for South Side Multifamily
Kiser Group’s Noah Birk and Aaron Sklar brokered 472 units and 18 multifamily properties throughout Chicago’s South Side neighborhoods in the first half of 2020. The sales totaled $31,700,000. “Compared to last year at this time, multifamily inventory levels and...
CRE Future Leaders: Danny Mantis
Danny Mantis, a broker at Kiser Group, specializes in analyzing multifamily assets in Evanston and throughout Lake County. During his brokerage career, Mantis has closed more than $70 million in multifamily transactions. future leaders danny mantis Tell us about...
The Harold E. Eisenberg Foundation Weekly Roundup June 22, 2020
Weekly Roundup- June 22, 2020 A weekly roundup of events, webcasts and more from our supporters across the Real Estate industry. National Real Estate Investor: Leveraging Technology to Effectively Manage Investor Relationships— and Prepare Them for New Market...
Is It Time To Buy A Multifamily Investment Property?
Yes, now is the time. We were already moving into a recession at the beginning of 2020. Multifamily has historically been a very good investment during a recession. Now, with the pandemic creating volatility in office, retail, industrial and other sectors, the...
Kiser Group Brings 50-unit Forest Park Apartment Building to Market
520 Rentals, located at 520 Des Plaines Avenue in Forest Park, Illinois, has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 50-unit, mid-rise building was built in 1960 and has been extensively renovated by the current...
Kiser Group brings 50-unit Forest Park Apartment building to market
520 Rentals, located at 520 Des Plaines Avenue in Forest Park, Illinois, has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 50-unit, mid-rise building was built in 1960 and has been extensively renovated by the...
Forest Park apartment building seeks $9.8M buyer
Chicago-based multifamily brokerage firm, Kiser Group, has exclusively listed 520 Rentals in Forest Park, Illinois for sale. Located at 520 Des Plaines Avenue, the 50-unit, mid-rise building is seeking $9.85 million. The property was built in 1960 and has been...
Chicago’s Leading Multifamily Brokerage Firm Kiser Group Announces Promotion of Jack Petrando to Broker
CHICAGO, IL - Kiser Group, Chicago's leading multifamily brokerage firm, announces Jack Petrando has been promoted from Analyst to Broker. Petrando joined Kiser Group as an analyst for Noah Birk and Aaron Sklar's Team in 2019. He has now launched as a Broker to...
Kiser Group Promotes Jack Petrando to Broker
Kiser Group, Chicago's leading multifamily brokerage firm, announces Jack Petrando has been promoted from Analyst to Broker. Petrando joined Kiser Group as an analyst for Noah Birk and Aaron Sklar's Team in 2019. He has now launched as a Broker to...
Kiser Group promotes Jack Petrando to broker
Chicago-based multifamily brokerage Kiser Group has promoted Jack Petrando from analyst to broker. Petrando joined Kiser Group as an analyst for Noah Birk and Aaron Sklar’s team in 2019. He has now launched as a broker to increase the team’s market share by...
Kiser Group Brings 70-Unit LaSalle Towers Condominium Deconversion to Market in One of Chicago’s Most Iconic Neighborhoods
CHICAGO, IL - LaSalle Towers, located at 1211 N. LaSalle Dr., has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 70-unit, 19-story building was built in 1929 as a hotel, later converted to apartments, and in 2006 was...
Could coronavirus lead to Chicago condo deconversion resurgence?
Though a new law has made condo deconversions trickier to execute in Chicago, it hasn’t killed the investment strategy. Not by a long shot. Deconversion deals – in which an investor scoops up all the condo units in a building and converts them to rental apartments –...
Kiser Group brings 45-unit West Ridge apartment to market
Chicago-based multifamily brokerage firm, Kiser Group, has listed 1901 W. Granville Avenue for sale. The 45-unit multifamily property, located in Chicago’s West Ridge neighborhood, is listed for $5,900,000 and represented by Kiser Group brokers, Rick Ofman and...
Kiser Group markets Condo Deconversion in Old Town
LaSalle Towers, a residential condominium property at 1211 N. LaSalle Dr. in the North Side’s Old Town neighborhood, has been brought to market by Kiser Group. The LaSalle Towers Condominium Association, which voted a few years ago to seek a deconversion sale, is...
Kiser Group brings 70-unit LaSalle Towers to market as condo deconversion
LaSalle Towers, located at 1211 N. LaSalle Drive in Chicago, has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 70-unit, 19-story building was built in 1929 as a hotel, later converted to apartments, and in 2006 was...
Kiser Group Brings LaSalle Towers, a 70-unit Condominium Deconversion, to Market
LaSalle Towers, located at 1211 N. LaSalle Dr., has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 70-unit, 19-story building was built in 1929 as a hotel, later converted to apartments, and in 2006 was converted to...
More Chicago condos morphing into apartments
The coronavirus has pushed many real estate dealmakers to the sidelines, but it hasn’t stopped the business of converting condos into apartments. In Edgewater, local landlord Becovic Management Group has paid $13.3 million for Shore Manor, a 90-unit condominium...
Are Multifamily Press And Statistics Meaningful To The Mid-Market?
The true definition of “mid-market” assumes an industry such as multifamily real estate is divisible in thirds. The lower third represents the smallest companies/owners in the market, and the upper third is comprised of the largest companies/owners in the market. The...
MultifamilyBiz: Kiser Group Brokers $3,525,000 Sale of Multifamily Building Portfolio in Portage Park Neighborhood of Chicago
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered a three-building, 36-unit portfolio located in the Portage Park neighborhood of Chicago. The portfolio included 3905-11 N. Linder, a 10-unit building; 3514-18 N. Long, a...
REBUSINESS ONLINE: Kiser Group Arranges $3.5M Sale of Multifamily Portfolio in Chicago
CHICAGO — Kiser Group has arranged the sale of a three-building multifamily portfolio in Chicago’s Portage Park neighborhood for $3.5 million. The portfolio spans 36 units and includes the following properties: 3905-11 N. Linder Ave.; 3514-18 N. Long Ave.; and 3816-24...
REjournals: Kiser Group brokers $3.5 million sale of Portage Park rental portfolio
Kiser Group recently facilitated a three-building, 36-unit portfolio sale located in the Portage Park neighborhood of Chicago. Drexel Properties purchased the properties for $3,525,000 from a long-time Chicago landlord. The portfolio is comprised of...
Multifamily Press: Kiser Group Brokers Portage Park Portfolio for $3,525,000
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered a three-building, 36-unit portfolio located in the Portage Park neighborhood of Chicago. The portfolio included 3905-11 N. Linder, a 10-unit building; 3514-18 N. Long, a 16-unit building; and...
Connect Chicago: Kiser Group Completes Portfolio Deal in Portage Park
Kiser Group brokered a three-building, 36-unit portfolio located in the North Side’s Portage Park neighborhood. The portfolio included 3905-11 N. Linder; 3514-18 N. Long and 3816-24 N Long. Drexel Properties purchased the portfolio for $3,525,000 from a long-time...
Yield Pro: Kiser Group brokers Portage Park portfolio for $3.5 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered a three-building, 36-unit portfolio located in the Portage Park neighborhood of Chicago. The portfolio included 3905-11 N. Linder, a 10-unit building; 3514-18 N. Long, a 16-unit building; and...
CoStar PowerBroker: Quarterly Deals Award for Quarter One 2020 Awarded to Michael D’Agostino
Kiser Groups Senior Director, Michael D'agostino, has been awarded the CoStar PowerBroker Quarterly Deals award for Quarter One 2020 for his West Loop Multifamily property fetching $65,800,000. View Award Here
MultifamilyBiz: Multifamily Brokerage Firm Kiser Group Brings East Village Apartments in Chicago’s Downers Grove Suburb to Market
CHICAGO, IL - East Village Apartments, located at 717 Rogers Street, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The 20-unit complex comprises two, 10-unit buildings and was built in 2018 by Forth Group. Floor plans include 18...
Multifamily Press: Kiser Group Brings East Village Apartments in Downers Grove to Market
East Village Apartments, located at 717 Rogers Street, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The 20-unit complex comprises two, 10-unit buildings and were built in 2018 by Forth Group. Floor plans include 18 two-bedroom,...
REjournals: Downers Grove asset seeks $8.5 million buyer
East Village Apartments, located at 717 Rogers Avenue in Downers Grove, Illinois, has been listed for sale by Chicago-based multifamily brokerage firm, Kiser Group. The 20-unit complex comprises two, 10-unit buildings and were built in 2018 by Forth Group....
Yield Pro: Kiser Group brings East Village Apartments in Downers Grove to market
East Village Apartments, located at 717 Rogers Avenue, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The 20-unit complex comprises two, 10-unit buildings and were built in 2018 by Fourth Group. Floor plans include 18...
REjournals: Multifamily owners, brokers and tenants look to adapt
Even as COVID-19 ravages the health of millions, it is also wracking world economies. Stay-at-home orders are forcing everyone in the multifamily realm—owners, lenders, brokers and tenants alike—to adapt to a fluid and uncertain situation. In the latest installment in...
Forbes: 14 Tips For Finding An Investor-Friendly Realtor
If you’re looking to invest in real estate, working with an agent is often a smart decision. A professional who knows your desired market can provide insights and resources that DIY research simply can't match. While there are many knowledgeable agents out there, it...
Connect Chicago: Kiser Group Sites an Active But Changed Brokerage Environment Amid Pandemic
From listing to marketing, to showings to escrows to closing, Chicago multifamily brokerage is different than it was in early March, the Kiser Group reported. To illustrate how the state-mandated shutdown due to COVID-19 has affected the market, Noah Birk and Aaron...
Forbes: How Multifamily Investors Can Increase ‘Other Income’ And The Value Of Their Investment Property
“Other income” is sometimes a category both brokers and investors don’t really think about very much. It’s usually a catch-all for laundry, application fees or bounced check fees. Many times landlords don’t even itemize entries in this category. Other income is too...
Multifamily Press: Kiser Group’s Noah Birk and Aaron Sklar Broker 398 Apartment Units in Q1 2020
Kiser Group’s Partner Noah Birk and Senior Director Aaron Sklar have closed the sale of 398 units and 12 buildings for $27 million throughout Chicago’s south side neighborhoods so far this year. The team focuses their brokerage efforts in south...
Multifamily Biz: Kiser Group’s Noah Birk and Aaron Sklar Broker Sale of 398 Apartment Units Throughout Chicago’s Southside in Q1 2020
CHICAGO, IL - Kiser Group’s Partner Noah Birk and Senior Director Aaron Sklar have closed the sale of 398 units and 12 buildings for $27 million throughout Chicago’s south side neighborhoods so far this year. The team focuses their brokerage efforts in south side...
Commercial Property Executive: DAILY READS: April 2, 2020
Miami construction continues. Chicago spec industrial demand is healthy. Where are lenders still lending? Here’s a batch of other critical content for you to read, listen to or watch. By the Editors of Commercial Property Executive These are the Sectors Where Real...
REJournals: Doing business in the new normal: CRE pros adjusting to life during COVID-19
As governors across the country continue to issue shelter-in-place orders, the commercial real estate industry is shifting to work-from-home mode. Brokers and developers are setting up home offices, answering their kids’ math problems and taking phone calls in spare...
REJournals: Known unknowns: The pandemic creates a murky future for multifamily
Even as this cycle grew impossibly long, the velocity of multifamily deals only seemed to quicken. However, that very term, “this” cycle, may be a misnomer—it might in fact be “that” cycle, the one we think we’re in now but that ended with the onset of COVID-19. For...
REJournals: Working from home? Show us your space!
NOAH BIRK, PRINCIPAL WITH CHICAGO'S KISER GROUP, WORKS WITH HIS TWO YOUNG ASSISTANTS. AS BIRK SAYS, "HAVING A 2-YEAR-OLD PERSONAL ASSISTANT 'HELP' WITH EVERY ASPECT OF THE DAY ISN'T QUITE AS HELPFUL AS YOU'D THINK." If you’re working from home today, you’re far from...
OakPark.com: Condo deconversions on the rise
Fifteen to 20 years ago, the Chicago-area real estate was buzzing with conversions. Apartment buildings, often the vintage variety, were rapidly bought and converted into condominiums to appease the appetites of buyers looking to purchase a small piece of the real...
Forbes: 14 Tips For Estimating A Neighborhood’s Potential Value
You’ve heard the mantra “location, location, location” countless times in real estate, and there is a lot of truth to it. Location is a primary factor in determining a home’s overall value, including the value of the neighborhood. Buying in the right area can produce...