NEW YORK, Feb. 27, 2017 /PRNewswire/ -- 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 investment product suite grew by 160% last year, led by sales of the company's popular TI+ interval fund (the Total Income+ Real Estate Fund NYSE MKT: TIPRX, TIPPX, TIPWX), which grew by nearly 170%.
Bluerock's strong 2016 performance stands out in contrast to the broader direct investment industry, where, according to The Stanger Market PulseTM report for 2016, sales of non-traded equity real estate investment trusts (REITs) declined 54% year-over-year and sales of non-traded business development companies (BDCs) declined 63% year-over-year. The Market Pulse report covers public DPP, non-listed REIT, and non-listed BDC products marketed through independent broker-dealers.
Bluerock's TI+ interval fund allows individual investors to invest in private, institutional real estate securities alongside some of the nation's largest endowment and pension plans without the high minimums. Since its inception four years ago, TI+ has generated attractive current income with low volatility, delivering risk-adjusted returns four to five times higher than leading stock, REIT and bond market indexes as measured by the Sharpe Ratio. Bluerock also offers 1031 Exchange (DST) products targeting the multifamily sector through Bluerock Value Exchange. On the publicly traded front, Bluerock manages Bluerock Residential Growth REIT (BRG), a NYSE-MKT traded multifamily REIT with assets in excess of $1 billion.
"Bluerock's ability to grow as the larger industry contracts is attributable in part to a recognized pattern of consistent, solid performance and attractive risk-adjusted returns, as well as to the fact that we are offering a well-timed, responsive product suite that is suited to the current economic and regulatory environment," said Jeffrey S. Schwaber, CEO of Bluerock Capital Markets.
Bluerock has also made a significant investment to expand its human capital at Bluerock Capital Markets (BCM), the company's managing broker dealer. "We now have 43 dedicated team members nationwide across 14 regional territories covering all 50 states and supported by two internal sales desks situated on both coasts. That expansion has made a tremendous impact on our ability to assist and educate our financial advisor base," Schwaber said.
About Bluerock Real Estate
Bluerock Real Estate, LLC is a private asset management and investment firm based in New York, NY whose senior management team has an average of over 27 years each investing experience and has helped launch several leading real estate private and public company platforms. Bluerock's key principals have been involved with sourcing, structuring and acquiring over 35 million square feet of real estate, with approximately $10 billion in value during three major market cycles.
About Bluerock Capital Markets
Bluerock Capital Markets, LLC serves as the managing broker dealer for Bluerock Real Estate, LLC and is a member of FINRA/SIPC. BRCM seeks to provide educational information related to real estate investment opportunities for financial advisors and their clients. BRCM distributes a broad range of real estate and real estate-related investment products exclusively through broker dealers and investment professionals.
Disclosures
Total Income+ Real Estate Fund
Investing in the Total Income+ Real Estate Fund involves risks, including the loss of principal. The Fund intends to make investments in multiple real estate securities that may subject the Fund to additional fees and expenses, including management and performance fees, which could negatively affect returns and could expose the Fund to additional risk, including lack of control, as further described in the prospectus.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Total Income+ Real Estate Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 888- 459-1059. The prospectus should be read carefully before investing. The Total Income+ Real Estate Fund is distributed by Northern Lights Distributors, LLC member FINRA. Bluerock Real Estate, LLC and Bluerock Capital Markets, LLC are not affiliated with Northern Lights Distributors, LLC a FINRA/SIPC member. 3170-NLD-2/23/20107
Bluerock Residential Growth REIT
The security investment described herein relates solely to BRG's Series B Preferred Stock, a non-traded security of BRG which has not been listed on the NYSE MKT. The risks and rewards of investing in the Series B Preferred Shares are separate and distinct from an investment in BRG's common stock listed on the NYSE MKT. This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. An offering is made only by the prospectus. This sales and advertising literature must be read in conjunction with the prospectus in order to understand fully all of the implications and risks of the offering of securities to which it relates. A copy of the prospectus must be made available to you in connection with this offering. Neither the Attorney-General of the State of New York nor any other State regulators have passed on or endorsed the merits of this offering. Any representation to the contrary is unlawful. N-17-34
SOURCE Bluerock Real Estate
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article