Next Realty Delivers Strong Returns with Sale of Kings Automall Shopping Center
We are pleased to share the successful sale of the Kings Automall Shopping Center in Cincinnati, Ohio — an outcome that underscores the value of proactive asset management and disciplined execution. Acquired by Next Realty Fund IX, LP in July 2021, in the midst of the pandemic, the property presented a unique opportunity to acquire […]
Next Realty Fund XI, LP Update
In 2024, Next Realty launched Next Realty Fund XI, LP, a private real estate offering tailored for investors seeking a combination of current income and long-term value creation, guided by an experienced and committed management team. Since the fund’s inception, we have reviewed hundreds of investment opportunities. As we pursue properties that align with our […]
Q&A with Andy Hochberg
Andy shares his knowledge on trending industry topics. Q: What do you think people misunderstand about risk and return? Andy: Risk and return are inherently linked. A successful outcome doesn’t always mean it was a good investment decision at the outset. Many investors focus solely on returns without considering the risks taken to achieve them. […]
Celebrating 20 Years of Partnership: Andy, Marc and Eteri
For 20 of Next Realty’s 27 years, Andy, Marc Blum, and Eteri Zaslavsky have worked side by side—leveraging complementary strengths to drive the firm’s sustained success. “I joke that I met Marc on the internet,” Andy recalls with a smile. Their partnership began after Andy and Marc co-invested in an internet company led by Marc’s […]
Next’s Middle Management Approach: Value-Add and Next Value-Keep®
As important as the purchase and sales prices are to maximizing investor returns, the strategies for how a property is managed in the middle, between acquisition and disposition is critical for executing a value-focused business plan: Value-Add or Next Value-Keep®. Value-Add Among the most common methods for adding value include making physical improvements to […]