2021 in Review

Chicago skyline.

2021 was a banner year for Ciscowil LLC, its principals and affiliates with 12 transactions totaling $34 Million.

Three development projects were sold in the Beverlywood and Mar Vista neighborhoods of Los Angeles, averaging over $4M each. These luxurious single-family residences were built from the ground up with unique features and highest quality finishes. On average, they fetched $1,100 per square feet setting record prices for their locations.

Ciscowil also more than doubled its commercial real estate holdings across the country, buying properties in Illinois, Minnesota, Michigan, Pennsylvania and Kentucky with long term tenants in medical, financial, retail and hospitality. Paying particular attention to the underlying real estate in addition to lease terms and tenant credit, these acquisitions transitioned our portfolio from rural locations to urban destinations including Chicago, Minneapolis, Pittsburgh and Louisville.

Current inflationary pressures and anticipated higher interest rates will require stricter purchasing criteria in 2022 with emphasis on annual rent increases and higher cap rates. Ciscowil is already under contract to buy one such multi-tenant medical property in Wisconsin and anticipates 2-3 additional such transactions in the coming months.

We thank our partners and look forward to continued growth in the coming years, abiding by our stringent criteria of reliable yields and preservation of capital.