The first full-floor tower concept of its kind in New York City, opened its doors for sale to the public this month. The Charles offers nearly all of its 32 floors as coveted, full-floor condos with private keyed entrances. Already, some $74 million worth (or 24 percent) of the homes have been bought by New Yorkers and international buyers since the October...

Bluerock’s Total Income+ Real Estate Fund (the “Fund,” ticker: TIPRX) announced today it paid a third quarter dividend of $.23 per share for shareholders of record on September 27, 2013. The Fund began trading on October 22, 2012 and closed the quarter as of September 30, 2013, with a year-to-date and inception-to-date total return of 11.50% (Class A shares, excluding...

Bluerock Real Estate’s the Charles, a condominium building stocked with only full-floor, four-bedroom residences on the Upper East Side, hit the market today. The building, located at 1355 First Avenue between East 72nd and East 73rd streets, has properties ranging in price from $5.82 million for a 3,637-square-foot third-floor unit to a $10.26 million, 3,600-square-foot home on the 27th floor. Ismael Leyva...

New stats from Olshan Realty confirm market trends: the sheer number and magnitude of 2013's sales have blown 2007's figures out of the water—making this year a record-setter already. The Wall Street Journal cites new, stratospheric-sounding stats. Out of all the real estate deals that have gone into contract this year—and remember, we're only nine months in—$8 billion of them...

Bluerock Real Estate, LLC is pleased to announce that Jaroslav “Jari” Vasicko has joined Bluerock Capital Markets, the company’s managing broker-dealer. Mr. Vasicko joins as Regional Vice President and sales professional for the Southeast Region, where he will support registered representatives and financial advisors. With more than a decade of experience as a wholesaler in the Atlantic states, Mr. Vasicko maintains...

Bluerock Multifamily Growth REIT (‘BMG’ and ‘Company’) today announced that, following its meeting with the Board of Directors, and in conjunction with the ongoing exploration of strategic alternatives to enhance the growth of its portfolio, the Company has decided to terminate the follow-on offering of its common stock effective September 9, 2013. “It’s our belief that terminating the follow-on offering will...

Bluerock Multifamily Growth REIT (“BMG” and “the Company”) announced today the appointment of Christopher Vohs to serve as Chief Accounting Officer of the Company. Mr. Vohs replaces Jerold Novack, who has stepped down as Senior Vice President and Chief Financial Officer of the Company. Mr. Novack retains his positions as Chief Financial Officer and Senior Vice President – Asset Management of...

Bluerock Real Estate, LLC is pleased to announce that Dan Falls has joined Bluerock Capital Markets, the company’s managing broker-dealer. Mr. Falls joins as Regional Vice President and sales professional and will be responsible for growing Bluerock’s sales in the Central North Region. An experienced professional in the real estate investment sector, Mr. Falls specializes in asset acquisitions and investment...

Investment management firm Bluerock Real Estate announced today that it has hired Larry Milder to lead the sales effort for its managing broker-dealer - Bluerock Capital Markets (BCM) - as Director of National Sales. Mr. Milder will be responsible for accelerating sales growth across the company’s line of successful direct private placements as well as its public interval fund,...

Bluerock Multifamily Growth REIT (‘BMG’ and ‘Company’) today announced that following its meeting with the Board of Directors, the Company has decided to explore strategic alternatives to enhance the growth of its portfolio. “We’ve taken strategic actions over the past year to consolidate our holdings and strengthen and enhance the transparency of our balance sheet and income statement, to...