Tag: condo association

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 investo...

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 condomini...

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, whi...

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 Nor...

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...

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,...

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 deco...

State of the Market: Chicagoland Condo Deconversion in 2020

Over the last few years, the sale of an entire condominium building to one investor proliferated in Chicago. Condo Deconversions, as they are called, have been well documented in t...

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,” s...

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 transf...