Jeffrey Osuji

Mr. Osuji, a local broker with Kale Realty and co-founder of technology start-up Eventnoire, came to CIC in 2020 looking to acquire his first multifamily investment property. Building on his experience rehabbing and selling several two- and three-flats for home ownership, Mr. Osuji was ready to leverage his portfolio and purchase a six-unit rental building in Chicago’s Chatham community.

He was eager to take the plunge from single-family to multifamily. He explains, “I learn by doing. I’ve learned about multifamily property investment and management by just jumping in and doing it. And learning from other people with vast experience.”

To that end, Mr. Osuji actually purchased the Chatham property from an existing, long-time CIC borrower who owns and manages over 500 units throughout Chicago neighborhoods. He also retained the seller as property manager. This unique relationship has allowed Mr. Osuji to not only learn the ins-and-outs of this particular building, but also gain experience in property management overall, including building maintenance and tenant screening.