In 2023, Kiser Group’s Aaron Sklar and Noah Birk achieved a significant milestone by selling 62 apartment buildings for over $100 million in transaction value. Sklar stated that their team is looking forward to further growth and increasing market share as they continue to expand their pipeline in 2024.
The team has been successful in the south and west sides of Chicago, despite rising interest rates that have directed capital towards higher yield opportunities, particularly in lower-income areas. Birk noted that while many market players paused due to the rising rate environment, they saw it as an opportunity for their clients. He also believes that buyers who are willing to accept temporarily lower yields will reap great rewards in the future.
This record-breaking volume of multifamily deals is a cause for celebration at Kiser Group and showcases their expertise and success within the industry.
