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...
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...
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...
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 assen...
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 d...
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...
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,...
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...
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 m...
Many condo owners in Chicago are curious about why commercial real estate investors are interested in buying their units as well as their neighbors’ units in a bulk sale refe...