**Kiser Group Brokers $3.875M Bulk Condo Sale in Rosemont**
Kiser Group has successfully completed the sale of 35 condominium units in a bulk transaction in Rosemont, Illinois. The deal, totaling $3.875 million, was brokered by Andy Friedman, Partner at Kiser Group, and Jake Parker, Senior Director.
“Bulk condominium transactions are uncommon, especially in a market like Rosemont, where multifamily properties rarely trade,” said Friedman. “The buyer recognized the potential of both the real estate and the location.”
At the time of sale, the condominium portfolio was 97% occupied, presenting a rare value-add opportunity for a local investor in a highly sought-after submarket with limited supply. The property is centrally located with convenient access to major amenities and attractions, including O’Hare International Airport, Rivers Casino, the Rosemont Fashion Outlets, and a diverse array of shopping and dining options.
“This sale highlights the kind of creative dealmaking that can happen when a buyer is willing to take on a unique ownership structure,” added Parker.
In related news, don’t miss the upcoming Lifetime Achievement Award Presentation and Keynote Interview with Greg Mutz, Chairman & CEO of AMLI Residential Partners, LLC. The keynote conversation will be conducted by Fred Schreiber, Chief Operating Officer, during Connect Midwest Multifamily 2025.
The event will take place on June 4, 2025, at The Midland Hotel in Chicago, IL. Register today to join industry leaders and peers for impactful networking and discussions.
