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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...
Connect Chicago: Origin Buys Stabilized Multifamily Build in West Loop
Origin Investments acquired Monroe Aberdeen Place, a 120-unit apartment building in the West Loop, for $65.8 million. The seller and original developer of the property was Michigan Avenue Real Estate Group. Kiser Group represented Origin Investments in...
Yahoo! Finance: What To Do When You Inherit Real Estate That You Don’t Want
By Cameron Huddleston Find Out the Value of the Property Before deciding what to do with inherited property you don’t want, find out how much the property is worth. “Now that you hold the title to the real estate, you need to know the market value of the property,”...
ReBusiness Online: Origin Investments Buys 120-Unit Apartment Building in Chicago’s West Loop for $65.8M
CHICAGO — Origin Investments has purchased Monroe Aberdeen Place, a 120-unit apartment building in Chicago’s West Loop. The transaction, made on behalf of Origin’s IncomePlus Fund, was valued at $65.8 million. Developed in 2018, the property features 25 three-bedroom...
Origin Investments Adds Monroe Aberdeen Place to its Portfolio
Origin acquired the property on behalf of its IncomePlus Fund from Michigan Avenue Real Estate Group, the original developer of the property. Chicago-based multifamily brokerage firm Kiser Group represented Origin Investments in the off-market transaction....
Origin Investments buys Monroe Aberdeen Place in Chicago’s West Loop
Origin Investments has completed the acquisition of Monroe Aberdeen Place, a 120-unit apartment building in the Chicago’s expanding and evolving West Loop submarket. The seller and original developer of the property was Michigan Avenue Real Estate Group. The...
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...
In Spite of Headwinds, Multifamily Should Charge Ahead Unabated
All throughout this cycle, no asset class has matched the transaction volume of multifamily. That’s why nearly 250 people packed into the University Club last week for REjournals’ 11th Annual Multifamily & Apartment Conference. Lisa Skolnik, partner, senior vice...
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
Kiser Group Brokers Sale of Boutique Apartment Building in Chicago’s Popular Ukrainian Village Area
CHICAGO, IL - 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...
Forbes: How To Make Six Figures As A New Commercial Real Estate Broker
People enter commercial real estate brokerage for many reasons, including to create a six-figure income level. My brokerage firm, Kiser Group, recently celebrated 15 years in business, and I’ve observed over that time that the first three years in business for...
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,...
Kiser Group brokers $2.1 million sale of Ukranian Village rental property
Kiser Group recently brokered the sale of a five-unit Ukrainian Village apartment building located at 1101 N. Damen, Chicago for $2,100,000. Kiser Group broker, Rick Ofman, represented both the seller, Ukrainian Village Capital, LLC, and a private buyer....
Multifamily Biz: Kiser Group Hires Kyle Sissell as Broker and Promotes Justin Turner to Senior Associate
CHICAGO, IL - Kiser Group, Chicago's leading multifamily brokerage firm, announces Kyle Sissell joined the team as Broker, and Justin Turner has been promoted from Analyst to Senior Associate. Sissell joins Kiser Group after working as a multifamily broker for a large...
Multifamily Press: Kiser Group Hires Kyle Sissell as Broker and Promotes Justin Turner to Senior Associate
Kiser Group, Chicago's leading multifamily brokerage firm, announces Kyle Sissell joined the team as Broker, and Justin Turner has been promoted from Analyst to Senior Associate. Sissell joins Kiser Group after working as a multifamily broker for a large national...
RE Journals: Kiser Group expands scope to northwest Indiana
Kiser Group announced that Kyle Sissell joined the team as broker, and Justin Turner has been promoted from analyst to senior associate. Sissell joins Kiser Group after working as a multifamily broker for a large national firm. He is focusing his efforts...
Multifamily Press: Kiser Group Promotes Matt Halper to Director and Hires Jimal Gilbert As Broker
Kiser Group, Chicago’s leading multifamily brokerage firm, announces the promotion of Matt Halper to Director and hiring of Jimal Gilbert as Broker. Since joining Kiser Group in 2015 as a Broker, Halper has successfully completed transactions in excess of $107...
MultifamilyBiz: Kiser Group Promotes Matt Halper to Director and Hires Jimal Gilbert as Broker
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, announces the promotion of Matt Halper to Director and hiring of Jimal Gilbert as Broker. Since joining Kiser Group in 2015 as a Broker, Halper has successfully completed transactions in...
RE Journals: Kiser Group promotes Matt Halper, hires Jimal Gilbert
Chicago-based multifamily brokerage firm, Kiser Group, announced the promotion of Matt Halper to director and hiring of Jimal Gilbert as broker. Since joining Kiser Group in 2015 as a broker, Halper has successfully completed transactions in excess of $107...
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...
Connect Chicago: Kiser Group Brokers Oak Park Condo Deconversion Deals
Kiser Group recently brokered two condominium deconversions in Oak Park, IL. Regency Terrace Condominiums, a 56-unit condo deconversion at 922 North Blvd., sold for $8,805,000, while Clarence Court, a 26-unit deconversion located at 628 Harrison St., sold for $3.6...
Forbes: Looking To Buy An Apartment Building? What You Need To Know About Due Diligence
When you're considering buying an investment property, you will most often receive an income and expense statement and rent roll from either the owner or a broker. These statements will give you a general understanding of the property but should not be relied upon as...
REBusiness: Kiser Group Brokers Two Condo Deconversion Sales in Oak Park, Illinois for $12.4M
OAK PARK, ILL. — Kiser Group has brokered two condo deconversion sales in Oak Park for a total of $12.4 million. Regency Terrace Condominiums, a 56-unit property located at 922 North Blvd., sold for $8.8 million. Andy Friedman and Matt Halper of Kiser represented the...
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...
MultifamilyBiz: Kiser Group Brokers Sale of Two Oak Park Condo Deconversions for $12.4 Million
OAK PARK, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two condominium deconversions in Oak Park, Illinois. Regency Terrace Condominiums, a 56-unit condo deconversion located at 922 North Blvd, sold for $8,805,000. Kiser Group...
Multifamily Press: Kiser Group Brokers Two Oak Park Condo Deconversions for $12.4 Million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two condominium deconversions in Oak Park, Illinois. Regency Terrace Condominiums, a 56-unit condo deconversion located at 922 North Blvd, sold for $8,805,000. Kiser Group Broker Andy...
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...
MultifamilyBiz: Kiser Group Brokers Record-Breaking $18.4 Million South Shore Apartment Portfolio
CHICAGO, IL – Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments sold for $18,400,000 and are located in Chicago’s South Shore...
GlobeSt.: Multifamily Trade Sets Sales Record for Chicago’s South Shore
by John Jordan, GlobeSt. CHICAGO—DAX Real Estate of New York City has sold a three-building multifamily property portfolio on the South Shore for a record-setting price of $18.4 million. The deal announced by brokerage firm the Kiser Group involves the 208-units...
REBusiness: Kiser Group Brokers $18.4M Sale of Apartment Portfolio in Chicago’s South Shore
CHICAGO — Kiser Group has brokered the sale of a three-property apartment portfolio in Chicago’s South Shore neighborhood for $18.4 million. The transaction was the largest by dollar amount in the submarket in the last 15 years, according to CoStar Group. The...
Yield Pro: Kiser Group brokers record-breaking $18.4 million South Shore apartment portfolio
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments sold for $18,400,000 and are located in Chicago’s South Shore neighborhood. According...
The Real Deal: Wisconsin investor snags portfolio of South Shore apartments for $18M
A Wisconsin-based venture picked up a portfolio of South Shore recently-renovated apartment buildings for $18.4 million. The 208-unit trio of buildings was purchased by an investment group headed by Neenah, Wisconsin-based Trinity Flood. The deal was brokered by Kiser...
Multifamily Press: Kiser Group Brokers Record Breaking $18.4 Million South Shore Apartment Portfolio
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments sold for $18,400,000 and are located in Chicago’s South Shore neighborhood. According...
RE Journals: Kiser Group brokers largest South Shore deal in 15 years with $18.4M apartment portfolio sale
Kiser Group recently brokered the sale of 7500 S. South Shore Drive, 6916 S. Clyde Avenue and 7038 S. Chappel Avenue as a 208-unit apartment portfolio. The apartments, located in Chicago’s South Shore neighborhood, sold for $18,400,000—the largest...
Crain’s: Wisconsin investor drops $18 million on South Shore apartments
By Alby Gallun, Crain's Chicago Business A Wisconsin venture has paid $18.4 million for a trio of apartment buildings in South Shore, a sign that out-of-town investors haven’t lost their appetite for the neighborhood. A Neenah-based venture led by investor...
Multi-Housing News: Kiser Group Brokers Chicago Community Sale
Goldman Investments has spent $8.3 million to acquire a 48-unit residential community in Oak Park, Ill. Matt Halper and Marco Cesario from Kiser Group worked on behalf of the buyer. Additionally, Halper represented the undisclosed seller in the transaction. Located at...
MultifamilyBiz: Kiser Group Brokers Sale of 930 North Boulevard in Oak Park, Illinois for $8.3 Million
OAK PARK, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer Goldman Investments and...
Multifamily Press: Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer Goldman Investments and Halper...
Yield Pro: Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer Goldman Investments and Halper...
ReJournals: Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million
Kiser Group recently brokered the sale of 930 North Boulevard, a 48-unit, seven-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer, Goldman Investments, and Halper represented the seller....
Multifamily Press: Kiser Group Brokers 128-unit Multifamily Property in Aurora, Illinois
AURORA, IL. – Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 2000 Illinois, a 128-unit, 5-story property in Aurora, Illinois. FPA Multifamily acquired the asset. Kiser Group’s Matt Halper and Danny Mantis represented both the buyer...
RE Journals: Kiser Group brokers sale of 128-unit apartment building in Aurora, Illinois
Kiser Group recently brokered the sale of 2000 Illinois, a 128-unit, five-story property in Aurora, Illinois. FPA Multifamily acquired the asset, located at 2000 W. Illinois Avenue for an undisclosed amount. Kiser Group’s Matt Halper and Danny...
ReBusiness Online: Kiser Group Brokers Sale of 128-Unit Apartment Property in Aurora, Illinois
AURORA, ILL. — Kiser Group has brokered the sale of 2000 Illinois, a 128-unit apartment property in Aurora. The sales price was undisclosed, but the cap rate was 5.64 percent. Constructed in 1973, the property includes parking and an outdoor pool. In 2014, the seller...
Multihousing Pro: Kiser Group brokers 2000 Illinois in Aurora, Illinois
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 2000 Illinois, a 128-unit, 5-story property in Aurora, Illinois. FPA Multifamily acquired the asset. Kiser Group’s Matt Halper and Danny Mantis represented both the buyer and seller...
Connect Chicago: Value-Add Comes to Market Between Gold Coast, River North
Kiser Group and Zacuto Group have brought 56 E. Chicago Ave. to market. The six-story mixed-use value-add is being marketed unpriced, featuring 25 residential units and three commercial retail spaces. It’s currently vacant. Located between Gold Coast and River North,...
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...
Multifamily Press: Kiser Group and Zacuto Group Launch Marketing of 56 East Chicago
Kiser Group and Zacuto Group announce 56 East Chicago Avenue has hit the market. Located between Chicago’s Gold Coast and River North neighborhoods, 56 East Chicago Avenue is positioned near the Magnificent Mile, at the intersection of Chicago Avenue and Rush Street....
MultifamilyBiz: Kiser Group and Zacuto Group Launches Marketing of 56 East Chicago Avenue
CHICAGO, IL – Kiser Group and Zacuto Group announce 56 East Chicago Avenue has hit the market. Located between Chicago’s Gold Coast and River North neighborhoods, 56 East Chicago Avenue is positioned near the Magnificent Mile, at the intersection of Chicago Avenue and...
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...
RE Journals: Kiser Group marketing 86-unit South Side portfolio in Chicago
An 86-unit portfolio on Chicago’s South Side has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Comprising six Auburn Gresham properties and one West Englewood property, the portfolio is listed for $7,950,000 and represented by...
Multifamily Press: Kiser Group Launches Marketing of an 86-unit Portfolio Located On Chicago’s South Side
An 86-unit portfolio on Chicago’s south side has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Located at 7928 S. Morgan, 8100 S. Loomis, 7954 S. Laflin, 1305 W. 82nd, 1332 W. 82nd, 8355 S. Sangamon and 6602 S. Winchester, the portfolio...
Connect Chicago: Kiser Group Lists Stabilized Apt. Portfolio on South Side
An 86-unit portfolio on Chicago’s South Side has been listed for sale by Kiser Group. Located at 7928 S. Morgan, 8100 S. Loomis, 7954 S. Laflin, 1305 W. 82nd, 1332 W. 82nd, 8355 S. Sangamon and 6602 S. Winchester, the portfolio is listed for $7,950,000. Kiser Group’s...
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...
Multifamily Press: Kiser Group Announces Three New Broker Hires
Kiser Group, Chicago’s leading multifamily brokerage, announces new brokerage hires Bryan Wright, Ron Plonis, and Michael Lacy. Brokers: Bryan Wright has a diverse background in operations and finance. He will focus his brokerage efforts on the northwest...
RE Journals: Kiser Group Brokers Three West Ridge Apartment Buildings for $6.5 Million
Chicago-based multifamily brokerage firm, Kiser Group, recently brokered three West Ridge apartment buildings in separate transactions. 6300 N. Leavitt Street sold for $3,000,000, 6515 N. Seeley Avenue sold for $2,650,00, and 2737 W. Glenlake Avenue sold for...
Multifamily Press: Kiser Group Brokers Three West Ridge Apartment Buildings for $6.5 Million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered three West Ridge apartment buildings in separate transactions. 6300 N. Leavitt sold for $3,000,000, 6515 N. Seeley sold for $2,650,000, and 2737 W. Glenlake sold for $880,000. Kiser Group’s...
Multihousing Pro: Kiser Group brokers three West Ridge apartment buildings for $6.5 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered three West Ridge apartment buildings in separate transactions. 6300 N. Leavitt sold for $3,000,000, 6515 N. Seeley sold for $2,650,000, and 2737 W. Glenlake sold for $880,000. Kiser Group’s...
Chicago Tribune: Chicago’s condos are turning into rentals. Here’s what’s driving the deconversion trend, and what it means for condo owners.
By Carisa Crawford Chappell, Chicago Tribune Chicago apartment buildings can have many lives. “It used to be you bought an apartment building and converted it into condominiums,” said Susan Tjarksen, a managing director in the Chicago office of Cushman &...
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...
Join us at the Chicago Multifamily Club meeting on 10/21
Kiser Group brokers will join the Chicago Multifamily Club on October 21 to discuss the state of Chicago multifamily and where they see opportunities in today's market. Moderators: Lee Kiser, Principal and Managing Broker John Casmon,...
Forbes: Which Is The Better Investment Rental Property: A Single-Family Home Or Apartment Building?
By Lee Kiser Investing in residential rental real estate is a great way to build wealth and diversify your portfolio. If you’re ready to plunge into rental property investing, should you buy a single-family home or an apartment building? There are four key points you...
RE Journals: Kiser Group closes sale of 11-property multifamily portfolio in Rogers Park
Kiser Group has successfully brokered the sale of an 11-building Rogers Park portfolio for $28.5 million. Lee Street Management, which had assembled the properties over two decades, sold the portfolio to Becovic Properties; the firm’s property management...
Bisnow: Brokers Say Condo Deconversions Will Continue Despite Tightened Rules
The Chicago City Council approved a measure Wednesday that tightens restrictions on the bulk sale of condominium buildings, a move that threatens the ability of investors to transform condo properties into lucrative rental apartments. State law requires potential...
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...
The Real Deal: Dover Court owners shed their deeds in $13M deconversion sale
An anonymous Miami-based investor has finalized a deal to convert the 64-unit Dover Court Condominium in Sheridan Park into apartments. And all it had to do was negotiate with 64 different owners. An entity registered as Neriel Lagoon LLC paid $12.5 million to acquire...
RE Journals: Kiser Group brokers 64-unit condo deconversion in Uptown for $12.5 million
Kiser Group recently brokered Dover Court Condominiums in Chicago for $12.5 million in a Section 15 deconversion sale. The buyer, Neriel Lagoon LLC, acquired the property and will convert all of the units to apartments. The deal was facilitated by Kiser Group’s...
MultifamilyBiz: Kiser Group Brokers 64-Unit Condo Deconversion Project in Chicago Uptown Area for $12.5 Million
CHICAGO, IL – Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered Dover Court Condominiums for $12.5 million in a Section 15 deconversion sale. The buyer, Neriel Lagoon LLC, acquired the property and will convert all of the units to...
Multifamily Press: Kiser Group Brokers 64-unit Condo Deconversion in Uptown for $12.5 Million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered Dover Court Condominiums for $12.5 million in a Section 15 deconversion sale. The buyer, Neriel Lagoon LLC, acquired the property and will convert all of the units to apartments. The deal was...
Bisnow: Condo Deconversions Continue As City Council Considers Tightening Restrictions
A Chicago City Council committee will vote Wednesday on whether to make it more difficult to complete the deconversion of condominium buildings into rental apartments, but in the meantime, such deconversion sales continue. Kiser Group’s Rick Ofman and Andy Friedman...
Forbes: Four Things To Consider When Buying An Apartment Building
As a career broker of apartment buildings, I’ve noticed newer investors often getting hung up on wrong or less deal-breaking elements of an investment property — mainly because they do not yet have experience with apartments. Four main factors to consider when...
The Real Deal: Lakeview condo owners to test deconversion market with $36M offering
By Joe Ward, The Real Deal A group of Lakeview condo owners is seeking to cash in on the deconversion craze by offering up their three-building complex for $36 million. The condo association for the complex known as Barry Quad is seeking a buyer for its 115-unit...
RE Journals: Kiser Group seeking $36 million for Lakeview condo deconversion
A 115-unit condo deconversion, being marketed as Barry Quad, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The condo deconversion consists of three buildings and is being offered at $36,000,000. Listing agents for the...
The News Funnel: Kiser Group Seeks $36 Million for Barry Quad Condo Deconversion
(August 15, 2019) CHICAGO - A 115-unit condo deconversion, being marketed as Barry Quad, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The condo deconversion consists of three buildings and is being offered at $36,000,000. Listing...
Connect Chicago: Three-Building Deconversion Package Up for Sale in North Side’s Lakeview
A 115-unit condominium deconversion in Lakeview, being marketed as Barry Quad, has been listed for sale by Kiser Group. The condo deconversion consists of three buildings and is being offered at $36,000,000. Listing agents are Kiser Group’s Andy Friedman and Jake...
Mutlifamily Press: Kiser Group Seeks $36 Million for 115-unit Condo Deconversion in Chicago
A 115-unit condo deconversion, being marketed as Barry Quad, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The condo deconversion consists of three buildings and is being offered at $36,000,000. Listing agents for the assignment are...
MultifamilyBiz: Kiser Group Launches Marketing of 21 Building Portfolio on The Northwest Side Of Chicago
CHICAGO, IL – A 21-building multifamily portfolio, being marketed as 21 Northwest, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The portfolio is being offered at $8,854,000 for 73 apartment units spread across Galewood, North...
Connect Chicago: 21-Building Portfolio Comes to Market on Northwest Side
A 21-building multifamily portfolio, being marketed as 21 Northwest, has been listed for sale by Kiser Group. The portfolio is being offered at $8,854,000 for 73 apartment units spread across Galewood, North Austin, Belmont Cragin, Hermosa, Logan Square and the suburb...
Forbes: 11 Tips For Building A Real Estate Brokerage Firm From The Ground Up
If you've worked as a real estate broker, you may have considered starting your own brokerage firm. Opening your own firm can lead to increased freedom as well as financial opportunity. However, like any entrepreneurial endeavor, building a company from the...