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nexstep llc

nexstep llc is a venture formed to address the extraordinary market conditions found in today's real estate environment. Principals of nexstep have a combined one hundred years and two billion dollars of real estate experience. nexstep llc is an affiliate of Belgravia Group, Ltd., whose roots in Chicago go back 60 years.

nexstep llc seeks to address two extraordinary challenges facing the investment community (i) partially completed or partially sold urban multi-family residential projects requiring both capital and technical expertise, and (ii) REO land holdings requiring management and capital to monetize the holdings in an orderly fashion.

nexstep llc's strategy is to align the interests of the institution and nexstep, the operating partner, through a shared risk and reward structure.

nexstep llc differentiates itself through co-investment alongside the lending institution in any phase of the process. nexstep llc invests through the purchase of a portion of the lender's position, contributes its expertise and manages the resolution of the property's issues. Co-investment aligns the interest of the lending institution and nexstep llc to assure both commitment and economic rationale.

nexstep llc is led by Greg Merdinger, who has 30 years and over one billion dollars of experience in all facets of the real estate industry.

Click here to view a profile of the nexstep llc mission and structure.

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