
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.”