NEWSROOM

Multifamily is booming, and investors are finding opportunities in the northwest suburbs. Kiser Group, for example, a Chicago-based brokerage firm, recently completed seven Chicago-area apartment sales valued at nearly $32 million. The sales include the $17.45 purchase of Salem Ridge Apartments, a 249-unit, three-building apartment complex in suburban Hoffman Estates.

Kiser Group, Chicago’s leading mid-market commercial real estate brokerage firm, announces seven Chicago-area apartment sales valued at nearly $32 million that closed in the fourth quarter of 2014. The sales include a 249-unit, three-building apartment complex in Hoffman Estates, Ill., and six Chicago properties including a 69-unit mid-rise in South Shore; a 77-unit, two-building portfolio in Hyde Park; a 34-unit walk-up in East Rogers Park; six-flat and a three-flat in Lakeview; and a 16-unit building in South Shore.

Kiser Group senior managing director John Meyer completed the $33M sale of Mount Prospect Greens, a 344-unit, 14-building apartment complex at 1958-2036 W Algonquin Rd in Mount Prospect.

John Meyer's recent sale of Mount Prospect Greens is featured in today's REJournals.

Crain's featured Brian Mond's recent transaction at Salem Ridge in Hoffman Estates.

Senior Managing Director John Meyer's recent sale is featured in today's Globe St article.

Kiser Group closed this 249-unit, three-building apartment complex in Hoffman Estates. 

Kiser Group closed this 69-unit apartment building in South Shore. 

Kiser group closed this 34-unit apartment building in East Rogers Park.

Estella Kiser, founder and principal of Kiser Group, says she grew up loving her mom's kourambiedes—a Greek shortbread cookie made with almonds and covered in confectioner's sugar. She learned from her mom how to make the treats, which the family shapes into moons and circles. “My mom could always tell when we snuck one because it would leave a trail of sugar. I see the same when my husband and kids can't wait to have one.”

Kiser Group closed this 3-unit mixed-use building in Lakeview. 

Kiser Group closed this two-building, 77-unit,  apartment portfolio located at 5135 S. Blackstone and 5111 S. University in Hyde Park.

Kiser Group closed this 16-unit building in South Shore. 

Kiser Group's Bill Baumann is quoted in today's article.

Multi-Housing News Online reports on the Lincoln Park Builders Real Estate Forum at which Lee Kiser was a panelist.