OFA Group Enters LOI With Next Investments LLC For Joint Venture To Develop Next-Generation Senior Care Facility

Transaction in escrow advances OFA's expansion into asset-backed real estate and next-generation senior living 

Los Angeles, CA, Aug. 25, 2025 (GLOBE NEWSWIRE) -- OFA Group (NASDAQ:OFAL)("OFA" or the "Company"), a leader in architecture, real estate innovation, and AI-driven design solutions, today announces that it has entered into a binding Letter of Intent (LOI) with Next Investments LLC ("Next) to establish a joint venture (JV) for the development of a state-of-the-art senior care facility. The joint venture is subject to the negotiation and execution of definitive agreements.