The Next leadership team has a century of combined experience in finance, healthcare operations and real estate acquisitions.
As a nimble, private and entrepreneurial organization we use our size and experience to respond quickly to the right opportunities. We use our entrepreneurial drive and creativity to structure custom-tailored solutions for owners and deliver long-term value and security for our investors and our portfolio.
The Next acquisition process is simple, fast, and confidential. Our long-term experience with operations and real estate finance gives us an edge in selecting the right assets and finding the most efficient route to reach the finish line. We have the debt, equity and legal resources in place to complete transactions. Our reputation is our most valuable asset, and to date, Next has closed 100% of its transactions exactly per the original deal terms offered. This has given us access to some of the best deals in the industry, including private and institutional sellers.
We welcome all opportunities from private owners, operators, REIT’s and investment banks relating to the sale or leaseback of quality skilled nursing facilities.
Next is consistently building relationships with high quality, experienced operators across the country. Our triple net leases are structured to make sense in today’s market, and allow the operator to make a fair profit, while protecting and growing our investment in the asset. Our leases are stable and secure and provide good coverage and assurances for both sides.
We welcome operators who would like to partner with us and encourage them to reach out and discuss ways we can collaborate on future business opportunities.
As an experienced landlord, Next keeps a watchful eye from both an operational and real estate perspective. Our operators manage the day-to-day business, while routinely communicating with upper management. We review budgets, and monthly financials, as well as provide insight and support from a high level to ensure operators are successful regardless of market conditions. We are continually monitoring trends and key indicators in performance which allows us to identify and discuss any issues that might arise.