NX

NXT REAL ESTATE GROUP INC.

Real Estate Registered 09 June 2022

General Information

Official company information

Registry ID
1000228631
Company Age
2 years
Registration Date
Registered Address
3056 N Oakley Ave Chicago IL 60618
Business Number (BN)
721506707
City
Mississauga
Status Notes
2022-06-09
Phone
Website

Official company website with more information about products, services, and contact details.

About NXT REAL ESTATE GROUP INC.

Company profile and description

NXT Realty takes an opportunistic investment approach, typically purchasing buildings with total vacancy that require significant value-add, and with underwriting that focuses on future cash flow. We target B-class assets within specific geographical Chicagoland locations, and we reposition these assets through complete gut renovations. We lease each unit with new, qualified tenants, and we take a buy and hold strategy, so we refinance each building with long-term debt upon stabilization. Our company is vertically integrated which allows us to effectively scale operations. Each arm of the NXT business model gives us the resources to strategically acquire, develop, lease, and operate each property with the goal of maximizing asset value. We have “in-house” construction and development specialists to provide high-quality and on-time renovations, full-service leasing operations to market each apartment, a property management arm to manage each asset while driving NOI, and experienced external legal counsel to mitigate risk throughout the transaction.

Category

Business category and classification details

Primary Category
Real Estate
Description
Businesses involved in the buying, selling, renting, management, appraisal, and development of property.

Additional Information

Detailed company information and status

Version
1762887214111391848
Hierarchy
parent
Entity Type
ONTARIO BUSINESS CORP.
Display Date
2022-06-09
Jurisdiction
ON
Business Number
721506707
MRAS Entity Type
BCA

Company Contacts

Key contacts and leadership 8 total contacts

Name & Position Email Contact Number Fax Number
J
John Yousef
Co-Founder & Principal
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J
Julie Wedge Yousef
Interior Designer
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C
Cindy Garcia
Office Manager
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A
Alejandro Olvera
Project Manager
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P
Pamela Ponciano
Assistant Property Manager
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Showing 5 of 8 contacts.

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