The Next Acquisitions

In further executing the Next Realty Multi-Solution™ investment strategy, Next Realty affiliates have made single-story office and multifamily acquisitions in three Midwest markets in the last six months. 86th St. Business Center | Office/Flex | 7320 & 7330 E. 86th St., Indianapolis, IN An affiliate of Next Realty has acquired the 86th St. Business Center, • Read More »

Virtually Unstoppable: Technology in Property Marketing

Leveraging advances in technology, Next Realty has embraced the use of drones and other tools to create videos that provide a virtual tour of available space. The onset of the pandemic and the subsequent lockdown dramatically impeded the ability to conduct conventional property tours and necessitated that Next look for new ways to promote its • Read More »

Andy Hochberg, In Print

Andy Hochberg, In Print At the end of 2020 we announced that Andy Hochberg, Next Realty's Founder, CEO and Managing Principal, had been named to the Forbes Real Estate Council, which is part of the Forbes’ Councils, a collection of invitation-only communities in specific industries. The membership on the Council recognizes Andy’s expertise in the • Read More »

Bisnow: This Week’s Chicago Deal Sheet

Taken from an article written by Brian Rogal | Bisnow Chicago SALES An affiliate of Next Realty acquired 935 Lakeview Parkway, a single-story, 47K SF office building in north suburban Vernon Hills, which expands the firm’s portfolio of single-story properties. Terms of the transaction were not disclosed. The acquisition was financed by Marc Zisook of • Read More »

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 • Read More »

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 • Read More »

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 • Read More »

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, • Read More »

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 • Read More »