Bluerock Enhanced Multifamily Trust, Inc. (“BEMT” or the “Company”), announced today that it has acquired Enders Place at Baldwin Park, a multifamily community located in Orlando, Florida, through a joint venture with Waypoint Residential. Enders Place is one of several communities within the larger Baldwin Park development. Pedestrian-friendly with 215 acres of park space, nature trails and amenities, Baldwin Park...

Bluerock Enhanced Multifamily Trust, Inc. (“BEMT” or the “Company”) today announced that the Independent Members of the Board of Directors had approved a reduction in the Advisor’s Asset Management Fee to 0.65% from 1.0% per annum, which is expected to generate significant annual expense savings over time. In exchange for the reduction, the Board approved an increase in the Advisor’s...

Bluerock Real Estate, LLC (“Bluerock”) has announced the sale of the Archstone Tech Ridge Apartment Community in Austin, TX to a partnership of The Carlyle Group and the Carroll Organization. The 256-unit community was only 50% complete when Bluerock acquired it with development partner, Archstone, in February 2010. At the time of Bluerock’s sale, the property was over 95% leased,...

In spite of a sluggish economy, weak job growth and a slightly improving for-sale home market, the prevailing positive trends that have fueled the multi-housing sector’s impressive growth over the past 18 months will continue well into 2013 and beyond. Read Article[icon icon="arrow-up-right" class="external-link" size="12px" color="#6693bc" style="font-weight: normal; border: 1px solid #6693bc; margin-left: 5px;" /] ...

Three in four U.S. institutional investors (74%) have changed their approach to risk management over the past five years and now consider the use of alternative investments essential to diversify portfolio risk (76%), according to a new study of 151 U.S.-based institutional investors by Natixis Global Asset Management (NGAM), the 13th largest asset manager in the world. The research was...

Bluerock Enhanced Multifamily Trust, Inc. (“BEMT” or the “Company”) today announced net income of $4.9 million, or $3.17 per share, for the quarter ended June 30, 2012, as compared to a net loss of $702,000, or $0.93 per share, in the same quarter last year. The quarter’s strong results are attributable to increases in operating profitability and improved fundraising as well...

Bluerock Real Estate, LLC announced today that financial services and real estate industry veteran Randy Anderson, Ph.D. has joined the company as part of the Senior Executive team. Dr. Anderson will serve as Managing Director - Product Development, leading the expansion of Bluerock’s alternative investment programs to meet a richer and more diverse range of investment goals for investors. He will...

Bluerock Real Estate, LLC a national real estate investment firm, announced today the addition of Sori Farsheed to lead the Relationship Management Team for Bluerock and Bluerock Capital Markets, the company’s Dealer-Manager. As Executive Vice President and head of Relationship Management at Bluerock Capital Markets, Ms. Farsheed will be responsible for growing the company’s sales and distribution network capabilities, including a...

Bluerock Enhanced Multifamily Trust, Inc. (“BEMT” and “Company”) today reported the sale of its interest in one apartment community for a 92% gain, and an increased ownership in two other apartment communities. The sale and purchases were part of a Company initiative to simplify its financial statements in order to improve transparency and financial reporting for its shareholders. “Our minority interest...

One million. That’s the number of new rental households the U.S. added in 2011, according to "The State of the Nation’s Housing 2012" report, released today from the Joint Center for Housing Studies (JCHS) at Harvard University. That's the largest reported increase of renter households since the early 1980s. Read Article[icon icon="arrow-up-right" class="external-link" size="12px" color="#6693bc" style="font-weight: normal; border: 1px solid #6693bc;...