News

25 Jan Bluerock Capital Markets Hires Rebekah Brooks as Senior Vice President of National Accounts

Posted at 13:56h in Press Release

New York, NY (January 25, 2018) - Bluerock Capital Markets, LLC (BCM) announced today that it has hired Rebekah Brooks to serve as Senior Vice President of National Accounts. Ms. Brooks joins BCM during a period of significant growth in sales and distribution across the BCM investment product suite, which includes Bluerock's Total Income+ Real Estate Fund (TI+); Bluerock Value...

27 Feb Bluerock Reports 160% Growth in Capital Raise; Emerges Among Top Sponsors in Direct Investment Industry

Posted at 09:00h in Press Release

New York, NY (February 27, 2017) – Bluerock Real Estate announced today that it achieved substantial growth across all three of its major business units and has emerged among the fastest-growing sellers of real estate-related direct investment product marketed through independent broker-dealers. Despite a year of significant contraction across many real estate-related investment vehicles, the capital raise for Bluerock’s direct...

06 Dec Bluerock Hires Industry Powerhouse as CEO of Bluerock Capital Markets

Posted at 11:35h in Press Release

New York, NY (December 6, 2016) – Bluerock Real Estate announced today that it has appointed 32-year industry veteran, Jeffrey S. Schwaber as CEO of Bluerock Capital Markets, LLC, the managing broker dealer for Bluerock's suite of investment products and funds. Schwaber joins Bluerock from Griffin Capital Securities where he served as President and Head of Distribution and was instrumental in orchestrating...

25 May First Quarter 2016 Market Insights: The Search for Yield, Property Sector Stats, Apartment Market and More

Posted at 13:47h in Industry Headlines

A Quarterly Publication Summarizing Industry News and Real Estate Market Trends. in the NEWS Goldman: The Search for Yield is Just Getting Started A new note from Goldman Sachs Group Inc. underscores the extent to which life has grown vastly more complicated for bond managers, with a staggering 90 percent of actively-managed high-yield debt funds now failing to meet or surpass their benchmarks this year. "As...

13 Jan Bluerock Completes Class A Multifamily Clearwater DST 1031 Exchange Offering

Posted at 11:54h in Press Release

New York, NY (January 13, 2016) – Bluerock Real Estate (“Bluerock” or “Company”) announced today the sellout of its latest 1031 exchange program, BR Clearwater DST, a Class A, 240-unit, apartment community located in Clearwater, Florida. The Company reports that the securities offering, which was released in mid-September, was fully subscribed in less than 60 days for over $19 million...

28 Dec EOS Apartments Awarded Gold Certified Smoke-Free, Announces Final Unit Release

Posted at 17:16h in Bluerock News

View the original article by the East Orlando Post here. Florida Apartment Association reports “Smoke-free multifamily housing is in demand among Florida’s renters. In fact, more than 83% of adults in Florida do not smoke, and four out of five of them would prefer to live in smoke-free housing.” This award coincides with the construction milestone of completing all units, with...

04 Dec The DI Wire covers Bluerock Growth Fund’s Sale of Artisan on 18th

Posted at 17:00h in Bluerock News

This article was originally published by The Di Wire on 12/04/15. Bluerock Growth Fund completed the 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 the company’s original equity investment and a net internal rate of return of approximately 35.2 percent, after a...

03 Dec Bluerock Growth Fund Sells Artisan on 18th in Nashville, TN, Generating 35% IRR

Posted at 11:06h in Press Release

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...

27 Aug The Charles Condos garners significant media coverage

Posted at 14:52h in Bluerock News

Bluerock Real Estate's development condominium The Charles has received significant media attention in the last week as the top six floors sold for a total of $58.635 million. “The penthouse was supposed to be the top two floors, but the buyers said that’s not enough space,” said Bluerock CEO Ramin Kamfar. Top Six Floors of New York Condo Fetch Almost $59 Million -...

01 Oct Wall Street Journal – Apartment Rents are Rising… No Sign of Easing

Posted at 09:53h in Industry Headlines

The pace of rent growth for U.S. apartments is accelerating despite an uptick in construction of new dwellings, as the economy steadily improves and vacancies remain stubbornly low. Rental rates increased 1% during the third quarter to an average of $1,111 a month nationwide, according to Reis Inc., a real estate research firm that collects data on 79 U.S. metropolitan areas....