Berkadia Facilitates $21M Fort Myers Transaction

Berkadia Facilitates $21M Fort Myers Transaction

ESG Kullen’s purchase of 186 units in a fractured sale secures the new owner’s control over the southern Florida condominium association. Berkadia has brokered the $21.3 million fractured sale of Cobblestone on the Lake, a 290-unit community in Fort Myers, Fla....
Year’s End Brings Another Big Condo Deconversion

Year’s End Brings Another Big Condo Deconversion

ESG Kullen acquired the eight-story 1140 North LaSalle Drive for $38M and plans to turn its 250 condos into rental apartments. The deal was brokered by Kiser Group’s Lee Kiser, Michael D’Agostino and Jake Parker. The Kiser team also introduced equity broker Alpha...
ESG Kullen does bulk condo buy in Delray Beach

ESG Kullen does bulk condo buy in Delray Beach

The deal for the 391-unit Lake Shore Drive tower is the most expensive deconversion in Chicago history ESG Kullen just closed on a bulk condo deal in Delray Beach, and plans to immediately renovate and sell them off individually. The New York-based real estate firm,...