NEWSROOM
Kiser Group Brokers $7.1M Sale of Apartment Asset in Suburban Chicago
DOWNERS GROVE, ILL. — Kiser Group has brokered the sale of East Village Apartments in Downers Grove for $7.1 million. Floor plans include 18 two-bedroom units and two one-bedroom units. Built in 2018, the three-story property includes 20 units. Ron Plonis of Kiser...
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...
Kiser Group closes the $3.7 million sale of multifamily property in South Humboldt Park
Kiser Group has closed the $3.7 million sale of 3432-40 W. Franklin Boulevard. This 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...
Kiser Group closes the $3.7 million sale of multifamily property in South Humboldt Park
Kiser Group has closed the $3.7 million sale of 3432-40 W. Franklin Boulevard. This 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...
HP Ventures Group-Development Services LLC Acquires East Village Apartments in Downers Grove for $7.1 million
HP Ventures Group-Development Services LLC (“HP”) has acquired East Village Apartments in Downers Grove, Illinois for $7.1 million. Kiser Group’s Ron Plonis represented both the seller, Forth Group Real Estate, and buyer in the transaction. “HP’s properties offer...
HP Ventures Group-Development Services LLC acquires East Village Apartments in Downers Grove for $7.1 million
HP Ventures Group-Development Services LLC (“HP”) has acquired East Village Apartments in Downers Grove, Illinois for $7.1 million. Kiser Group’s Ron Plonis represented both the seller, Forth Group Real Estate, and buyer in the transaction. “HP’s properties offer...
Multifamily Brokerage Firm Kiser Group Hires Jeff Leibovich as Advisor to Focus on Chicago’s Growing Suburban Multifamily Market
CHICAGO, IL - 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...
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...
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...
Kiser Group’s Birk | Sklar Team Brings 61-Unit Lakefront Multifamily Portfolio to Market Along Chicago’s Historic South Shore Drive
CHICAGO, IL - 7600 S. South Shore Drive and 7763 S. South Shore Drive, located in the South Shore neighborhood of Chicago have been listed for sale by Kiser Group’s Birk | Sklar team. The 61-unit multifamily portfolio, located along Lake Michigan on Chicago’s historic...
Looking into the crystal ball: What will the multifamily property of the future look like?
We really don’t have to hazard a guess as to what the multifamily property of the future will look like, because the future is now. The coronavirus pandemic has accelerated the transformation of apartment buildings. Common areas have undergone a facelift. Exercise...
Condo Deconversions Likely To Restart In 2021, As Long As They’re Outside Downtown
The coronavirus pandemic took off much of the luster from the downtown rental market, and that means condo deconversions, once a popular method of creating multifamily units downtown and along the lakefront, are unlikely to continue in the core market. Instead,...
Kiser Group Awarded 2020 CoStar Power Broker Award, Named Top Sales Firm Winner
Kiser Group is excited to have been recognized as a CoStar Power Broker Top Firm for 2020. This award recognizes the industry’s brokers and top dealmakers who closed the highest transaction volume in commercial real estate deals in their respective markets in 2020. ...
Nine Ways Real Estate Decision Makers Can Address Affordability And Gentrification
Both housing affordability and gentrification seem to be hot-button topics in real estate these days. With the costs of real estate rising in many areas, affordable housing is becoming more of an uphill battle. Gentrification leads to the other extreme, where...
Kiser Group lists 61-unit portfolio in Chicago’s South Shore for $4.65 million
Two multi-unit residential buildings, 7600 S. South Shore Drive and 7763 S. South Shore Drive, both located in the South Shore neighborhood of Chicago, have been listed for sale by Kiser Group’s Birk-Sklar team. The 61-unit multifamily portfolio, located along...
Kiser Group’s Birk | Sklar Team Bring 61 Lakefront Apartment Units To Market Along South Shore Drive
7600 S. South Shore Drive and 7763 S. South Shore Drive, located in the South Shore neighborhood of Chicago have been listed for sale by Kiser Group’s Birk | Sklar team. The 61-unit multifamily portfolio, located along Lake Michigan on Chicago’s historic South Shore...
Kiser Group Brings 34-Unit Ridge Terrace Condominium Deconversion Project to Market in Desirable Chicago Submarket of Evanston
CHICAGO, IL - Ridge Terrace Condominiums, located at 835 Ridge Avenue in Evanston, Illinois has been listed for sale by multifamily brokerage firm Kiser Group. The 34-unit multifamily property is offered at $7 million. Advisors Andy Friedman and Jake Parker are...
Kiser Group’s Birk | Sklar Team Brokers Five Sales Totaling 127 Multifamily Units Across Chicago’s Southside Market in January 2021
CHICAGO, IL - Kiser Group’s Partners Noah Birk and Aaron Sklar are off to a strong start in 2021 with the sale of five buildings and 127 units, totaling $8,209,500 in sales in the month of January. Riding on the heels of a strong 2020, Kiser Group’s Birk | Sklar team...
Kiser Group brings 34-unit condo deconversion to market in Evanston
Ridge Terrace Condominiums, located at 835 Ridge Avenue in Evanston, Illinois has been listed for sale by multifamily brokerage firm Kiser Group. The 34-unit multifamily property is offered at $7 million. Advisors Andy Friedman and Jake Parker are marketing the...
Kiser Group Brings 34-Unit Condo Deconversion To Market In Evanston
Ridge Terrace Condominiums, located at 835 Ridge Avenue in Evanston, Illinois has been listed for sale by multifamily brokerage firm Kiser Group. The 34-unit multifamily property is offered at $7 million. Advisors Andy Friedman and Jake Parker are marketing the...
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...
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...
Kiser Group Brings 72-Unit Timber Court Apartment Community to Market in The Sought-After Chicago Suburb of Arlington Heights
CHICAGO, IL - 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...
Kiser Group Survey Cites Decline in Mid-Market Apartment Metrics
Kiser Group and NBOA’s latest survey of mid-market apartment landlords across the Chicago region highlighted a couple of worrisome trends. Only 37% of property owners reported rent collections at 95% or higher, a 20% decrease from three months earlier. Similarly, the...
Kiser Group’s Birk | Sklar Team Brokers 127 Multifamily Units In January Across Five Southside Sales
Kiser Group’s Partners Noah Birk and Aaron Sklar are off to a strong start in 2021 with the sale of five buildings and 127 units, totaling $8,209,500 in sales in the month of January. Riding on the heels of a strong 2020, Kiser Group’s Birk | Sklar team...
Multifamily Housing May Be Picking Itself Off The Mat After Tough 2020
The multifamily sector got stuck in the doldrums throughout much of 2020, with occupancy, rents and new investment falling. The harshest impact of the coronavirus pandemic fell on housing in the downtown market, as renters shied away from areas with the highest...
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...
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...
If You’re Hesitant To Hire A Broker For Your Multifamily Property, Read This
Multifamily brokers frequently hear this comment from apartment property owners: “I don’t want to list, but you can bring me a buyer.” Their reasons sometimes include previous bad experiences, fear of getting “tied up” in a formal agreement, tenants finding out the...
If You’re Hesitant To Hire A Broker For Your Multifamily Property, Read This
Multifamily brokers frequently hear this comment from apartment property owners: “I don’t want to list, but you can bring me a buyer.” Their reasons sometimes include previous bad experiences, fear of getting “tied up” in a formal agreement, tenants finding out the...
Kiser Group Advises on $2.26 Million Condominium Deconversion Project in West Ridge Neighborhood of Chicago, Illinois
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, advised the Estes Villa Condominium Association through a Section 15 deconversion sale. The 16-unit building at 2641 W Estes Ave. in the West Ridge neighborhood sold for $2.26 million. Advisors...
WPD Management Launches WPD Cares Initiative to Give Back to Residents, Employees and Communities Impacted the Pandemic
CHICAGO, IL - 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...
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...
Kiser Group advises on $2.26 million condo deconversion in Chicago’s West Ridge neighborhood
Kiser Group advised the Estes Villa Condominium Association through a Section 15 deconversion sale. The 16-unit building at 2641 W Estes Avenue in Chicago’s West Ridge neighborhood sold for $2.26 million. Advisors Andy Friedman and Danny Logarakis represented the...
Multifamily Brokerage Firm Kiser Group Advises on $4.15 Million Sale of 64-Unit Vinan Apartment Community in Melrose Park, Illinois
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Vinan Apartments in Melrose Park, Ill. Located at 2901 Vinan Drive, the 64-unit multifamily asset sold for $4.15 million. Director Matt Halper and Advisor Danny Mantis...
Kiser Group Advises on $2.26 Million Condo Deconversion in Chicago’s West Ridge Neighborhood
Kiser Group, Chicago’s leading multifamily brokerage firm, advised the Estes Villa Condominium Association through a Section 15 deconversion sale. The 16-unit building at 2641 W Estes Ave. in the West Ridge neighborhood sold for $2.26 million. Advisors Andy Friedman...
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...
Kiser Group Brokers $4.1M Sale of Multifamily Property in Melrose Park, Illinois
MELROSE PARK, ILL. — Kiser Group has brokered the $4.1 million sale of Vinan Apartments in Melrose Park, a western Chicago suburb. The 64-unit multifamily property is located at 2901 Vinan Drive and spans eight buildings. It was fully leased at the time of sale. Matt...
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...
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...
Affordable Housing Investment Brokerage Advises on Levy House Apartment Building Sale in Chicago’s East Rogers Park Neighborhood
GLEN ELLYN, IL - Affordable Housing Investment Brokerage (AHIB) is pleased to announce that Levy House, located at 1221 W. Sherwin Ave. in Chicago’s East Rogers Park neighborhood, has sold for $8,100,000. The brokerage firm partnered on the listing with Kiser Group so...
Kiser Group advises on $4.15M, 64-unit Melrose Park multifamily sale
Kiser Group advised on the sale of Vinan Apartments in Melrose Park, Illinois. Located at 2901 Vinan Drive, the 64-unit multifamily asset sold for $4.15 million. Director Matt Halper and advisor Danny Mantis represented both the buyer and seller. “We began marketing...
Kiser Group Advises On $4.15 Million, 64-unit Melrose Park, Illinois Multifamily Sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Vinan Apartments in Melrose Park, Ill. Located at 2901 Vinan Drive, the 64-unit multifamily asset sold for $4.15 million. Director Matt Halper and Advisor Danny Mantis represented both...
Kiser Group advises on $4.15 million, 64-unit Melrose Park, Illinois multifamily sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Vinan Apartments in Melrose Park, Ill. Located at 2901 Vinan Drive, the 64-unit multifamily asset sold for $4.15 million. Director Matt Halper and Advisor Danny Mantis represented both...
Kiser Group’s Birk | Sklar Team Celebrates an Active 2020 With Completed Sales of Forty Multifamily Properties Throughout Chicago
CHICAGO, IL - Kiser Group’s Birk | Sklar team celebrated another active year with the sale of 40 buildings totaling 805 multifamily units. In the last five years, Partners Noah Birk and Aaron Sklar have sold more than 200 apartment buildings throughout Chicago’s south...
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...
Kiser Group’s Birk | Sklar Team Brokers 40 Multifamily Properties in 2020
Kiser Group’s Birk | Sklar team celebrated another active year with the sale of 40 buildings totaling 805 multifamily units. In the last five years, Partners Noah Birk and Aaron Sklar have sold more than 200 apartment buildings throughout Chicago’s south and west side...
Affordable Housing Investment Brokerage Advises On Levy House Sale
Affordable Housing Investment Brokerage (AHIB) is pleased to announce that Levy House, located at 1221 W. Sherwin Ave. in Chicago’s East Rogers Park neighborhood, has sold for $8.1 million. The brokerage firm partnered on the listing with Kiser Group so that the...
Affordable Housing Investment Brokerage advises on Levy House sale
Affordable Housing Investment Brokerage (AHIB) announced that Levy House, located at 1221 W. Sherwin Avenue in Chicago’s East Rogers Park neighborhood, has sold for $8.1 million. The brokerage firm partnered on the listing with Kiser Group so that the seller had the...
Affordable Housing Investment Brokerage Arranges $8.1M Sale of Levy House in Chicago
CHICAGO — Affordable Housing Investment Brokerage (AHIB) has arranged the sale of Levy House in Chicago’s East Rogers Park neighborhood for $8.1 million. AHIB partnered on the listing with Kiser Group. Kyle Shoemaker of AHIB represented the buyer, Preservation of...
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...
Kiser Group Brokers $7.2M Sale of Multifamily Property in Lockport, Illinois
LOCKPORT, ILL. — Kiser Group has brokered the $7.2 million sale of Lockport South Apartments in Lockport, about 30 miles southwest of Chicago. Located at 551 Diane Court, the 80-unit property was owned by the same entity since the 1980s. Matt Halper, Danny Mantis and...
Kiser Group Advises On $1.6 Million Evanston, Illinois Apartment Property Sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of 820-822 Reba Place, a 12-unit multifamily property, in Evanston, Illinois. 820-822 Reba Place sold for $1,675,000 with Director Matt Halper, Advisor Danny Mantis, and Principal and...
Kiser Group advises on $1.6M Evanston apartment property sale
Kiser Group facilitated the sale of 820-822 Reba Place, a 12-unit multifamily property, in Evanston, Illinois. 820-822 Reba Place sold for $1,675,000 with director Matt Halper, advisor Danny Mantis, and principal and managing broker Lee Kiser representing both the...
Multifamily Brokerage Firm Kiser Group Advises on $7.25 Million Sale of 80-Unit Lockport South Apartment Community in Lockport, Illinois
CHICAGO, IL - Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Lockport South Apartments in Lockport, Illinois. Located at 551 Diane Court, the 80-unit multifamily property sold for $7,250,000. Director Matt Halper, Advisor Danny...
16 Challenges For Real Estate Investors And How To Deal With Them
Real estate can be a fluid industry that adapts and evolves quickly. However, there will always be a handful of problems in such a dynamic sector that investors have to navigate. The challenges that investors face in the real estate market can impact their business...
Kiser Group advises on $1.6 million Evanston, Illinois apartment property sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of 820-822 Reba Place, a 12-unit multifamily property, in Evanston, Illinois. 820-822 Reba Place sold for $1,675,000 with Director Matt Halper, Advisor Danny Mantis, and Principal and...
Kiser Group’s Birk | Sklar team brokers 40 multifamily properties in 2020
Kiser Group’s Birk | Sklar team celebrated an active year with the sale of 40 buildings totaling 805 multifamily units. In the last five years, partners Noah Birk and Aaron Sklar have sold more than 200 apartment buildings throughout Chicago’s South and West Side...
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...
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...
Kiser Group Advises On $7.25 Million, 80-unit Lockport, Illinois Apartment Sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Lockport South Apartments in Lockport, Illinois. Located at 551 Diane Court, the 80-unit multifamily property sold for $7,250,000. Director Matt Halper, Advisor Danny Mantis, and...
Kiser Group closes $7.25-million, 80-unit apartment sale in Lockport
Kiser Group advised on the sale of Lockport South Apartments in Lockport, Illinois. Located at 551 Diane Court, the 80-unit multifamily property sold for $7,250,000. Director Matt Halper, advisor Danny Mantis and principal and managing broker Lee Kiser represented...
Kiser Group advises on $7.25 million, 80-unit Lockport, Illinois apartment sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Lockport South Apartments in Lockport, Illinois. Located at 551 Diane Court, the 80-unit multifamily property sold for $7,250,000. Director Matt Halper, Advisor Danny Mantis, and...
The State of Chicago’s Multifamily Market in 2021 with Noah Birk and Aaron Sklar, Kiser Group Partners
multifamily market 2021 On this episode of Real Estate for Breakfast, host Phil Coover is joined by Noah Birk and Aaron Sklar, partners with the Kiser Group and two of the highest-grossing brokers of multifamily housing in Chicago. Phil, Noah and Aaron discuss the...
Would New Development On Uptown’s Clark Street Help Immigrant Businesses Or ‘Upend’ Neighborhood? Residents Are Mixed
"For Sale" signs have been popping up along an Uptown retail stretch for years. A project could help turn things around, but some residents fear more building could hurt longtime business owners. UPTOWN — A sleepy stretch of Clark Street is set to get a new apartment...
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...
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...