Press Releases

Becovic and Next Realty Joint Venture Acquires Multifamily Portfolio Near Marquette University;

June 14, 2021

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 • Read More »

Prime Parcel in Downtown Honolulu Sells to Developer who Plans Affordable Senior Housing High-Rise

May 29, 2020

Cushman & Wakefield and Sofos Realty Corporation jointly announced today the firms have teamed up to represent the seller, an affiliate of Next Realty, LLC, in the disposition of a prime ±0.30 acre (12,842 square feet) land parcel in downtown Honolulu, Hawaii. Steven Sofos, CEO, founder of Sofos Realty Corporation handled the transaction on behalf • Read More »

Next Realty, LLC and Galloway Group Acquire Rite Aid Property in Virginia Beach, VA

February 20, 2020

Affiliates of Next Realty, LLC and Galloway Group, Inc are pleased to announce the acquisition of a single-tenant, 13,195 square-foot Rite Aid store located at 840 S. Military Highway (US 13), Virginia Beach, Virginia. The purchase price was not disclosed. The property sits on approximately 3.25 acres of land and benefits from its strategic location • Read More »

Next Realty Makes Fifth Acquisition in Milwaukee MSA: Acquires Hillside Terrace Shopping Center in Delafield, Wisconsin

October 22, 2019

An affiliate of Next Realty, LLC is pleased to announce the acquisition of Hillside Terrace Shopping Center, a 17,000 square foot neighborhood shopping center located at 2728 – 2744 Hillside Drive, Delafield, Wisconsin. The purchase price for Hillside Terrace Shopping Center, the seventh acquisition for Next Realty Fund IX, LP, a fully diversified investment vehicle, • Read More »

Next Realty Acquires Washington D.C. Parking Garage

March 15, 2019

CHICAGO (March, 2019)—An affiliate of Next Realty, LLC is pleased to announce the acquisition of the transient parking portion of the Metropole Condominium Garage located at 1515 15th Street NW, Washington, D.C. The purchase price for Metropole Condominium Garage was not disclosed. The property is located below The Metropole Condominium Complex. The dynamic, mixed-use project • Read More »