Press Releases

New York, NY (December 3, 2015) – Bluerock Growth Fund (“BGF” or the “Company”) completed the successful sale of Artisan on 18th, a Class A, 153-unit, multifamily development in downtown Nashville, Tennessee. The property sold for $35.2 million, generating a return of two times (2x) on the Company’s original equity investment, and a net internal rate of return (IRR) of...

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 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...

Bluerock’s Total Income+ Real Estate Fund (“the Fund,” ticker: TIPRX) announced today it paid a second quarter dividend of $.2379 per share for shareholders of record on June 27, 2013. The $.2379 dividend is an 83% increase over the first quarter dividend of $.13 a share. Dr. Randy I. Anderson, President of Bluerock Real Estate and Portfolio Manager of the Total...

Investment management firm Bluerock today announced the repositioning of its non-traded REIT with a growth strategy to reflect updated market conditions. The company announced a name change to Bluerock Multifamily Growth REIT (‘BMG’) as well. BMG also announced that Dr. Randy Anderson has been appointed its Chief Executive Officer, succeeding Bluerock founder and CEO Ramin Kamfar. Dr. Anderson brings a track...

Investment firm Bluerock has announced the launch of its Total Income+ Real Estate Fund (“TI+” ticker: TIPRX). A public fund of funds, TI+ is providing individual investors an opportunity to invest alongside endowments and pension plans with leading institutional real estate managers otherwise inaccessible to them due to large minimum investment size or other restrictions. Mercer Investment Management, Inc., a top-ranked...

Investment management firm Bluerock Real Estate announced today that it has named Dr. Randy Anderson as President. Dr. Anderson joined Bluerock in March 2012 as a Managing Director and Chief Economist. Prior to Joining Bluerock, Dr. Anderson was a Founding Partner of Franklin Square Capital Partners, where he helped pioneer the industry’s first non-traded Business Development Company (BDC) for retail...