#United States #New York #Bluerock Value Exchange #DST Investment #1031 Exchange

Bluerock Value Exchange Celebrates a Milestone

Bluerock Value Exchange (BVEX) has made headlines with the announcement of the successful full subscription of its latest offering, the BR Diversified Industrial Portfolio IV DST (DIP IV), which has garnered an impressive $31.6 million in equity from various third-party investors. This achievement marks a significant addition to their portfolio, showcasing BVEX’s strong reputation in the domain of 1031 exchange and Delaware Statutory Trust (DST) investment programs.

For over two decades, Bluerock has established itself as a national leader in the sector, reporting an accumulated total of more than $2.7 billion through various past and ongoing 1031 exchange programs. The latest offering encompasses a diversified industrial portfolio consisting of three properties across two states—South Carolina and Tennessee. Together, these locations feature approximately 200,000 square feet of warehouse and distribution spaces, all of which are reportedly 100% occupied by a range of mixed-use industrial tenants.

Josh Hoffman, President of Bluerock Value Exchange, expressed his satisfaction regarding the successful closure of this portfolio, referring to it as a notable milestone as it represents an estimated $210 million in tax-deferred 1031 exchange investments. Hoffman highlighted the potential that the industrial sector holds, asserting that it is poised for superior rental and net operating income (NOI) growth compared to other significant commercial real estate sectors. He cites long-term manufacturing and distribution trends as key drivers behind the increasing demand within this sector.

The DIP IV initiative aims to offer investors consistent monthly cash flow through long-term triple net leases, which could further lead to capital appreciation as market demands for industrial property are evidently on the rise. Notably, the current rents in this offering are on average 20% lower than prevailing market rates, providing significant room for future increases in both rent and NOI.

Post-investment options are also attractive, with the DST program granting investors a range of strategies for exiting, such as through a 721 exchange (UPREIT) or subsequent cash-out with 1031 exchange options.

About Bluerock Value Exchange

Bluerock Value Exchange boasts a robust track record that spans over 20 years in delivering structured 1031 exchange offerings. The organization primarily focuses on acquiring Premier Exchange Properties™ that yield stable cash flows along with promising value creation opportunities. Their portfolio covers a total property value exceeding $2.7 billion, complemented by 13.5 million square feet of real estate.

About Bluerock

As an influential institutional alternative asset manager, Bluerock's portfolio encompasses assets surpassing $19 billion, with its headquarters based in Manhattan alongside supplementary regional offices across the United States. The team at Bluerock brings together over a century of combined investing experience, focusing on a commitment to maximize returns for their stakeholders. Their expertise has seen involvement in the launch of several successful private and public company platforms.

For further details on their offerings and investment philosophies, interested parties can visit bluerockexchange.com and bluerock.com.