Can Your Credit Tenant Become Your Primary Risk?
By Andrew Hochberg, Forbes Councils Member Forbes Real Estate Council Commercial real estate investors often employ a strategy to lower asset risk by leasing all or a significant portion of space to a strong credit tenant. Typically, that strategy contributes to predictable cash flow and enhanced property values for investors. In certain assets, that […]
The Shift In Office Leasing Demand Requires Further Evolution, Innovation
The culmination of events that took place during and leading up to 2020 triggered the biggest shift in office leasing in U.S. history. The implications have led owners to re-evaluate their assets and occupiers to re-evaluate their office needs, with both looking for opportunities to bring innovation and flexibility into their space. This trend has […]
Next Realty’s Multi-Solution™ Strategy Keeps Company Current
Next Realty believes investment philosophies should evolve and adapt to align with shifting markets, changing industries and maturing investor goals and objectives. The company was established in 1998 to grow and manage investments in neighborhood retail centers. Over time, Next’s portfolio grew to include industrial, residential and redevelopment projects in targeted metropolitan markets. A constant strength of the firm has been the ability to acquire properties in strong locations and execute sound, quality business plans through hands-on property and asset management. The principals of the firm began formulating and guiding the evolution of Next’s investment approach to […]
Location, Liquidity, Luck: A Modern Precept in CRE
By Andy Hochberg These are interesting and challenging times in commercial real estate. Andy Hochberg of Next Realty shares how these three notions can lead to greater success. For decades, the age-old precept in commercial real estate has been based on location. To reinforce its importance on the viability of a property, the word was […]
Meet One of Our Nextperts®
Jack Ramirez brings more than 30 years of financial and related experience to his role as Vice President of Finance at Next Realty. Throughout his career he has worked at some of the largest and most distinguished names in the commercial real estate industry, in Chicago and nationally. These firms, from the brokerage and development […]