Based in Miami Lakes, Fla., the privately held firm specializes in real estate and financial services on behalf of the Kislak family and its partners. J.I. Kislak owns approximately 3,000 units and invests across multiple asset classes. The company is targeting multifamily properties with 150 or more units.
“Multifamily assets have eroded in value due to the current economic recession,” says Stephen Braun, senior vice president of J.I. Kislak. “However, in a number of markets, apartment fundamentals are slowly beginning to stabilize. We believe that now is an opportune time to increase our presence by adding to our holdings in these local regions.”
Dung Lam, chief financial officer of J.I. Kislak, echoes those sentiments. “J.I. Kislak is focused on creating sustainable, long-term value. We believe that there are attractive
For more than a decade, J.I. Kislak has established a track record of acquiring, repositioning, and managing properties with concentration in multifamily and commercial properties. J.I. Kislak works with a network of private and institutional investors, including private equity, hedge funds and REITs. The Kislak Organization was established in 1906.