Next Realty Affiliate Acquires Single Story Office Property in Vernon Hills;
Acquisition Expands Single Story Portfolio, Continues Firm’s Multi-Solution™ Strategy CHICAGO—An affiliate of Next Realty, LLC has acquired a single-story office building in north suburban Vernon Hills, an acquisition that expands the firm’s portfolio of single-story properties and furthers the firm’s Multi-Solution™ strategy that emphasizes diversification across geography, asset classes, and revenue streams. Terms of the […]
Becovic and Next Realty Joint Venture Acquires Multifamily Portfolio Near Marquette University;
Portfolio marks Becovic’s first Milwaukee acquisition, broadens Next’s holdings to include multifamily assets MILWAUKEE/CHICAGO – A joint venture partnership between Becovic and Next Realty, two Chicago area real estate investment and management firms has acquired a 14-building, 232-unit multifamily portfolio within a one-mile radius of Marquette University in Milwaukee, Wisconsin. Taylor Grant with Park Equities […]
Becovic, Next Realty JV on Milwaukee Apartment Portfolio
By Paul Bubny A joint venture partnership between Becovic and Next Realty, two Chicago-area real estate investment and management firms, has acquired a 14-building, 232-unit multifamily portfolio within a one-mile radius of Marquette University in Milwaukee. Taylor Grant with Park Equities represented the seller, Wiegand Enterprises LLC. The sale price was $16.15 million. The stabilized […]
Vernon Hills office building purchased by investors
An affiliate of Chicago-based Next Realty LLC has acquired a single-story, 47,000 square-foot office building at 935 Lakeview Parkway in Vernon Hills. Terms of the transaction, made on behalf of Next Realty Fund IX LP, were not disclosed. Tenants at the property include Fred’s Pro Shop, an ice hockey equipment and accessories store; Gavel International, […]
2 Chicago real estate firms purchase multifamily portfolio in Milwaukee for $16M
By Katherine Davis | Associate Editor | Chicago Business Journal Two Chicago real estate investment companies have acquired a multifamily property portfolio in Milwaukee for $16.2 million. Becovic and Next Realty purchased the 14-building, 232-unit portfolio from Wiegand Enterprises, which owned the portfolio for about 20 years. The properties are within a one-mile radius of […]