13 Feb Randy Anderson Named President of Bluerock Real Estate; As Firm Continues to Expand Senior Executive Talent
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 investors. Among the most successful alternative investment products launched in the retail space, the BDC would become a $2.5 billion business within its first 3 years. Prior to Franklin Square, he was Division President at CNL Financial Group, where he built a successful business with over $700 million in AUM in his first year. He has also served as Chief Economist and Investment Committee member at the Marcus & Millichap Company, and as Vice President of Investment Research at Prudential Real Estate Investors.
“In Randy, we have a rare blend of business acumen and genuine academic rigor, and we are excited to have him onboard as we continue to grow our senior executive team” says Ramin Kamfar, Bluerock’s Founder and CEO. “Randy has a unique talent for understanding the needs of individual investors and for creating efficient ways to deliver new investment products for them. He is already creating a foundation for his next successes here, both in terms of new product development and his approach to driving Bluerock’s business for the future.”
Dr. Anderson holds a Ph.D. in Finance from the University of Alabama. He is a co-editor of the prestigious Journal of Real Estate Portfolio Management, and has published more than 65 peer reviewed articles in leading academic journals. Most recently, he wrote the course on non-traded REITs for the IPA (Investment Program Association). Dr. Anderson’s academic background also includes serving as the Howard Phillips Eminent Scholar Chair at the University of Central Florida where he built a world class undergraduate and graduate real estate program. He has been named a Homer Hoyt Institute Fellow (one of the highest honors bestowed on a real estate academic for excellence in research), and a NAIOP Research Foundation Distinguished Fellow.
About Bluerock Real Estate, LLC
Bluerock Real Estate is a investment management firm headquartered in Manhattan, which was founded to provide institutional investment products for the individual investor. Bluerock principals have over 80 years of aggregate experience. They have transacted on more than 30 million square feet and nearly $6 billion in acquisitions, primarily on behalf of leading U.S. institutional investors.