News

21 Sep Bluerock Real Estate Sells Archstone Tech Ridge Apartments

Posted at 10:59h in Press Release

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,...

01 Sep Multifamily Quarterly: No Slowdown in Sight for 2013

Posted at 15:47h in Industry Headlines

In spite of a sluggish economy, weak job growth and a slightly improving for-sale home market, the prevailing positive trends that have fueled the multi-housing sector’s impressive growth over the past 18 months will continue well into 2013 and beyond. 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;" /] ...

01 Sep U.S. Institutional Investors Say Alternative Investments Are Essential as Volatile Markets Are Here to Stay

Posted at 09:41h in Industry Headlines

Three in four U.S. institutional investors (74%) have changed their approach to risk management over the past five years and now consider the use of alternative investments essential to diversify portfolio risk (76%), according to a new study of 151 U.S.-based institutional investors by Natixis Global Asset Management (NGAM), the 13th largest asset manager in the world. The research was...

22 Aug BEMT Announces Q2 2012 EPS of $3.17 Per Share and Significantly Improved Financials

Posted at 08:54h in Press Release

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...

02 Aug Randy Anderson Named Head of New Product Development, Chief Economist, and Capital Markets Chairman

Posted at 01:00h in Press Release

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...

27 Jul Bluerock Announces Sori Farsheed as Head of its Relationship Management Team

Posted at 08:37h in Press Release

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...

10 Jul BEMT Announces 92% Return on Sale of Apartments at Meadowmont and Improved Financial Reporting

Posted at 11:37h in Press Release

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...

01 Jun One Million Renters Added in 2011, Married and Higher Income Renter Populations Grow, New Report Shows

Posted at 15:48h in Industry Headlines

One million. That’s the number of new rental households the U.S. added in 2011, according to "The State of the Nation’s Housing 2012" report, released today from the Joint Center for Housing Studies (JCHS) at Harvard University. That's the largest reported increase of renter households since the early 1980s. Read Article[icon icon="arrow-up-right" class="external-link" size="12px" color="#6693bc" style="font-weight: normal; border: 1px solid #6693bc;...

05 Apr Bluerock Real Estate Acquisition Announcement: Grove at Waterford Apartments, Nashville, Tennessee

Posted at 15:20h in Press Release

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...

01 Mar Bluerock Real Estate Development Announcement: Note16 Apartments, Nashville, Tennessee

Posted at 15:12h in Press Release

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...