Kiser Group Sees Multifamily Demand Continuing Through 2022’s Second Half
With the first half of 2022 in the ledger books, Kiser Group is set up for success going forward. At mid-year, the firm has represented 91 clients year-to-date in transactions worth nearly $160 million.
In addition to these closed volumes, the firm currently has an additional $150 million under contract. Lee Kiser, principal and managing broker at Kiser Group, said he expects current demand trends for multifamily to prevail for the balance of the year.
“Rent growth is mitigating the effect of interest rate increases on property values,” he said. “We are helping our seller clients achieve strong pricing and the appreciating market is opportune for our buyer clients to move capital into hard assets.”
He continued, “We had previously thought we might experience a slowdown in the third and fourth quarters of 2022 but so far are not seeing one.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).