Kiser Group Lists 145-unit Multifamily Property in Lakeview

Kiser Group Lists 145-unit Multifamily Property in Lakeview

Kiser Group director, Andy Friedman and Jake Parker have listed a condominium deconversion opportunity in the Lakeview neighborhood of Chicago at 3033 N Sheridan.  The property is listed subject to offer.   3033 N Sheridan was built in 1968 and converted to...
Understanding a Condominium Deconversion

Understanding a Condominium Deconversion

Q&A with Kiser Group Director Jake Parker, a Specialist in Condo Deconversions.  Condominium deconversions have gained popularity over the years, with many associations and investors considering it as a new chapter or investment opportunity. However, just like any...
Kiser Group Lists a 154-unit Multifamily Property in Edgewater

Kiser Group Lists a 154-unit Multifamily Property in Edgewater

Kiser Group directors Andy Friedman and Jake Parker listed a condominium deconversion at 6166 N. Sheridan Road, located in the Edgewater neighborhood of Chicago. Friedman expects the property to fetch a price approaching $40 million, or about $260,000 per unit....
Kiser Group Sells a 94-Unit Multifamily Property in Lakeview

Kiser Group Sells a 94-Unit Multifamily Property in Lakeview

Kiser Group directors Andy Friedman and Jake Parker brokered a condominium deconversion sale at 3825 N Pine Grove, located in the Lakeview neighborhood of Chicago. The 3825 N Pine Grove Condominium Association received $18,300,000 in this transaction. “Multifamily...
Condo Deconversions Will Continue in Chicagoland Area

Condo Deconversions Will Continue in Chicagoland Area

If we consider that 2017 was the year that deconversion sales in Chicago began in earnest, we are now four years into the cycle. I’m frequently asked my opinion of how much longer this cycle will last, and what it will look like going forward. To me, that comes down...