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Evanston looks to tackle housing affordability concerns

City Council named housing affordability as a top priority for 2023 and said it wants to revisit Evanston’s Inclusionary Housing Ordinance, increase its affordable housing stock, fully fund a housing inspection program and provide funding to enforce the city’s fair housing ordinance. ....

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Wirtz family selling Evanston apartments to North Park Ventures

It’s a rare transaction for the Wirtz family, which hasn’t sold a property in recent memory and has owned the Evanston portfolio for decades. ....

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KMS sheds Twin Cities portfolio

KMS sheds Twin Cities portfolio
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Kiser Group Advises on The $32.3 Million Sale of 115-Unit Condo Deconversion Project in The Lakeview Neighborhood of Chicago

CHICAGO, IL - Kiser Group, Chicago s leading multifamily brokerage firm, has advised on the $32.3 million sale of The Barry Quad, a three-building, 115-unit condo deconversion in the Lakeview neighborhood of Chicago. Kiser Group Advisors Andrew Friedman and Jake Parker represented both the seller, Barry Quadrangle Condominium Association, and buyer, North Park Ventures, in the transaction.
North Park Ventures is very pleased with the acquisition of Barry Quad, furthering our investment in multifamily in the north side of Chicago, said Robert Sekula, Managing Partner, North Park Ventures. We continue to believe there is great value to realize in the various neighborhoods of Chicago and have worked tirelessly with all parties involved to bring this deal across the finish line. ....

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