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Next Realty Completes Fundraising Effort

CHICAGO- The firm will continue their strategy of buying up value-add retail and parking properties.

By Brian J. Rogal | Updated on April 08, 2013

CHICAGO- Next Realty, LLC just announced that they have completed raising investment capital for their $30 million Next Realty Fund VIII and will begin using it to acquire value-add properties in the Chicago metropolitan area or other large metro areas around the country. The commercial real estate firm also recently completed the acquisition of Oak Lawn Promenade, a shopping center in Oak Lawn, the final acquisition financed by their Next Realty Fund VII.  

Their latest funding effort was led by Vice President Eteri Zaslavsky, President and Chief Operating Officer Marc Blum and Chief Executive Officer Andy Hochberg.

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