I’ve been hearing from a lot of clients that they’re staying on the sidelines. Investors may find a number of reasons, among them being the rise of cap rates and cost of capital, as well as sellers’ expectations not being met. Investors are inundated with the negative...
Two years ago Kiser Group Advisor Jack Petrando branched off working in the West Side of the city in an effort to expand the Birk | Sklar team’s market coverage. Petrando ventured off in April of 2020, specializing in Austin, Garfield Park, Lawndale, and Humboldt...
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...
A long time ago, in a galaxy far, far away (way back in the 1970s), CRE investors’ ability to expand to new markets was hampered by a horribly inefficient industry. A west coast property owner could not easily explore east coast markets, see inventory and build...
The possible exit of the Chicago Bears from the city was uppermost on the minds of many at Bisnow’s Chicago State of the Market event today, but Department of Planning and Development Commissioner Maurice Cox wasn’t giving out much information. “We have folks in the...
