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EUBA Round Table Discussion :: Wednesday April 19

This month's (April) event features an engaging opportunity to participate in several round table discussion style topics.  Leann from fellow property owners about their experiences and suggestions in the discussed topics.  

Kiser Group Blog: Would You Sell Your Best Piece Of Art At An Auction Attended By Only One Buyer?

In a hot real estate market like this one, be cautious about doing a deal directly with a buyer. Buyers are hungry for buildings and have excess capital earmarked for real estate investment.

Picture this: An owner of a well-maintained, well-occupied neighborhood multifamily property gets an unsolicited call from a buyer. The buyer wants to buy the owner’s property, names a price and sets a timetable. The owner perks up. It’s a good number (probably far more than he or she ever thought the building would sell for when it was originally purchased). After a little deliberation and back-and-forth, the owner agrees to sell. Sounds like a winning scenario, right? 

Kiser Group Blog: Our Own Little World

A consistent theme that I’ve heard from my local Chicago based clients over the course of this incredible run that the multifamily market has been on over the last 18-24 months is that they can’t make sense of the prices that people are paying for assets; in short, they could never make the numbers work. I have to remind them that Chicago is a world-class city with quality income-producing real estate that garners attention not just from all over the U.S., but all over the world...

EUBA :: Looking Ahead

EUBA meeting on Wednesday, March 25th to look at the future of the Uptown and Edgewater commercial districts. 

Kiser Group Blog: Well, I thought I knew everything…

A client once told me about an argument she had with her business partner, which resulted in my client stomping off in frustration. The partner chased my client down and said, “Hey, where are you going?” My client responded, “You’re being stubborn and not listening to me.” The partner responded with, “I was just debating the issue. If we always agree, one of us isn’t necessary.” This has become somewhat of a mantra to me...

How Much Income is Necessary to Fund the New Wave of Class A Apts in Chicago? Try $1.34 Billion.

The luxury apartment boom in Chicago has been quite the success story for the past five years as developers have delivered thousands of Class A apartments to the city’s core and surrounding neighborhoods, driving rental rates to new highs.  However, for this new product to work there has to be a stable population of high-income earners seeking to live and work in the city’s core. 

RPBG Market Update – February 2015

There's been a lot of volatility in the markets of late, a reflection of the general confusion about what direction the economy is headed. One minute, the markets seem to reflect unbridled optimism. A day later, everyone is running for the hills. The simple question is, why?

RPBG Market Update – January 2015

As the New Year begins, there's a lot of reason to be optimistic about the near future, but also some potential for trouble ahead...

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