Press Releases

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,...

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...

Bluerock Real Estate, LLC (“Bluerock”), a national real estate investment firm, announced April 5, 2012 the acquisition of the Grove at Waterford Apartments located in Nashville, Tennessee. The Grove at Waterford Apartments, which was built in 2010, is a Class A, garden-style apartment community comprised of 252 units in 12 three-story buildings. The Property is situated along Old Hickory Lake in...

Bluerock Real Estate, LLC (“Bluerock”), a national real estate investment firm, announced March 1, 2012 an equity commitment to the development of the Note16 Apartments located in Nashville, Tennessee. Note16, which is under construction, is a planned Class A five-story mid-rise apartment community comprised of 86 units with a mix of studio, one and two-bedroom floor plans. The community is being...

Financial professionals and investors seek to mitigate idiosyncratic risk, or asset specific risk, through portfolio diversification. Once that is achieved, market risk still remains. The answer for combating market risk, thereby reducing volatility, in portfolios lies in creating a mix of assets and strategies that provide a purpose other than the investments used in a “long-only” or traditional asset mix....

Bluerock Real Estate, LLC (“Bluerock”), a national real estate investment firm, announced February 1, 2012 a preferred equity investment in the Villas at Oak Crest Apartments located in Chattanooga, Tennessee. Villas at Oak Crest is a 209 unit apartment community comprised of 10 buildings with a mix of one, two, and three-bedroom floor plans. Bluerock acquired the property in conjunction with...