
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.”
- ◦Sale/Acquisition