Kiser Group’s Birk | Sklar Team on Track for 70 Multifamily Sales in 2021
Kiser Group’s Birk | Sklar team has brokered 53 apartment buildings throughout Chicago’s South and West Side neighborhoods so far this year. In 2017, Kiser partner Noah Birk set a record with 53 closings, and this year he and Aaron Sklar are on pace to sell more than 70 multifamily buildings.
“Investors from around the world are making a strong push to get into the multifamily market on the South and West Sides of Chicago,” said Birk. “Demand is drastically outpacing supply right now, which has lead to a record number of transactions at record prices.”
Sklar added, “We’ve seen an influx of East Coast investors seeking high cap rate deals in addition to the usual parties that are active throughout Chicago’s South and West Sides. Readily available capital and low-interest rates paired with appreciating multifamily assets created high demand in our market areas.”
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).