Bluerock News

Jason Kidd, the 10-time NBA All-Star — who is not exactly getting stellar reviews in his current role as head coach of the Brooklyn Nets, despite its $100 million payroll — has also been busy house hunting in New York. Kidd was recently spotted leaving Town Residential’s sales office in the Crown Building for the new Charles apartments at 1355 First...

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 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...

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...

Ismael Leyva-designed condo project The Charles at 1355 First Avenue has unleashed its full website. The 32-story, 29-unit Bluerock Real Estate project is all full-floor residences, all the time, with interiors by David Collins Studio. Unit sizes range from 3,135 to 4,535 square feet. Every apartment has four bedrooms, a private elevator landing, ceiling heights up to 10’7″, custom wood doors, white...

As real estate markets across the U.S. recover from their long swoon, homeowners’ sighs of relief are practically audible. Financial advisors, meanwhile, are again fielding requests from clients to put real estate back into their portfolios for diversification. Naturally, experts are trying to find techniques that might protect investors against even a partial repeat of the 2008 disaster. This can be...

As real estate markets across the U.S. recover from their long swoon, homeowners’ sighs of relief are practically audible. Financial advisors, meanwhile, are again fielding requests from clients to put real estate back into their portfolios for diversification. Naturally, experts are trying to find techniques that might protect investors against even a partial repeat of the 2008 disaster. Some advisors recommend...

New products introduced over the last week include a pure trend fund from Salient and a new ETF from Global X. In addition, Bluerock launched its Total Income+ Real Estate Fund. Here are the latest developments of interest to advisors: 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;" /]...

[image_frame align=""][/image_frame] Unlike most REITs, the new Total Income+ Real Estate Fund offers individuals the chance to invest in private real estate opportunities, Dr. Randy Anderson, President of Bluerock Real Estate, tells Gregg Greenberg. Watch Video[icon icon="arrow-up-right" class="external-link" size="12px" color="#6693bc" style="font-weight: normal; border: 1px solid #6693bc; margin-left: 5px;" /]...