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OFA Group Forms Joint Venture for Senior Care Facility Development

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OFA Group Forms Joint Venture for Senior Care Facility Development

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OFA Group ( (OFAL) ) has issued an update.

On August 19, 2025, OFA Group entered into a binding Letter of Intent with Next Investment LLC to form a joint venture for developing a senior care facility in Indiana. OFA will own 60% of the venture and handle design, construction, and financing, while Next will contribute the property and manage operations. This strategic move is expected to enhance OFA’s presence in the healthcare real estate market, offering potential growth opportunities and strengthening its industry positioning.

More about OFA Group

OFA Group is involved in architectural design, artificial intelligence, interior design, licensing services, project management, and property valuation. The company focuses on developing and managing real estate projects, particularly in the healthcare sector.

Average Trading Volume: 1,272,175

See more insights into OFAL stock on TipRanks’ Stock Analysis page.

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