Press Releases

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...

Bluerock Enhanced Multifamily Trust (BEMT) has announced its investment in a 24-story mixed-use luxury rental community known as the MDA City Apartments in downtown Chicago. BEMT partnered with the building’s owner, Village Green, a leading owner / operator with a portfolio of 40,000 units in 13 states, and a top-ranked property manager (CEL & Associates Survey). The property includes 190...

Bluerock Real Estate announced today that it has closed an $86 million construction loan with Starwood Property Trust, the nation’s largest commercial mortgage real estate investment trust. The funds will be used to construct a 31-story luxury condominium development known as “The Charles,” located on First Avenue between 72nd and 73rd streets in New York City. In anticipation of...

Bluerock Enhanced Multifamily Trust, Inc. (“BEMT” or the “Company”) today announced an estimated net asset value of the Company’s common stock of $10.04 per share as of December 17, 2012, based on independent appraisals of its real estate assets. The estimated per share value is based on the estimated value of the Company’s assets less the estimated value of the...