#USA #New York #Real Estate #Bluerock Fund #NYSE Listing

Bluerock Total Income+ Real Estate Fund's Journey Towards NYSE Listing

Bluerock Total Income+ Real Estate Fund has recently garnered significant support from influential independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co., who have both recommended that shareholders back a pivotal proposal related to the Fund’s listing on the New York Stock Exchange (NYSE). This endorsement indicates strong confidence in the Fund's growth strategy and investment potential.

Understanding the Proposal

The proposal, which has also received unanimous backing from the Fund's Board of Trustees, is focused on facilitating the conversion of Bluerock’s Total Income+ Fund from a closed-end interval fund to a fully listed closed-end fund. This important transition would not only provide shareholders with daily liquidity but also allow the Fund to be more agile in deploying its capital. In a dynamic market characterized by attractive buying opportunities in the private real estate sector, such flexibility is crucial.

The shareholder approval for this proposal is scheduled for a special meeting on September 3, 2025. If successful, this would result in the Bluerock Total Income+ Fund becoming the largest real estate-focused listed closed-end fund globally.

Management Insights

Expressing enthusiasm over the recommendations from ISS and Glass Lewis, Ramin Kamfar, Founder and CEO of Bluerock, emphasized, "We are thrilled to receive this endorsement. Their recommendations validate the merits of this initiative and reinforce our commitment to maximizing long-term value for our shareholders. We urge our shareholders to actively participate in this critical vote and help shape the future of TI+."

These statements reflect a proactive approach by Bluerock, aiming not only to enhance its market position but also to align closely with the needs and expectations of its investors.

A Closer Look at Bluerock

Founded in New York, Bluerock is recognized as a leading institutional alternative asset manager. The company boasts a robust history, with its principals amassing over a century of collective investing experience, primarily in real estate and capital markets, which includes managing more than $120 billion in assets. Currently, Bluerock oversees over $19 billion in managed and acquired assets, reflecting its substantial capacity to offer value-driven investment solutions to its clients.

The strategic focus of the total Income+ Fund is geared towards generating predictable income, capital growth, and various tax benefits for individual investors. The anticipated shift to a listed fund enhances the relevant market dynamics by establishing better transparency and facilitating more robust trading opportunities on the NYSE.

The recent proposal indicates a shift in strategy, one aimed at increasing shareholder engagement and enhancing liquidity for existing and prospective investors.

Conclusion

As the transition towards an NYSE listing unfolds, all eyes will be on the outcome of the September vote. Should it pass, shareholders can expect significant changes to their investment's liquidity and potential for growth. For further details regarding the proposed conversion or to access public company filings, shareholders can visit the U.S. Securities and Exchange Commission’s website or Bluerock’s dedicated fund page.

In a world increasingly defined by rapid changes in market conditions, Bluerock’s assertive strategy could set a new standard for how real estate funds operate and interact with their stakeholders. The potential NYSE listing stands as a milestone not just for Bluerock, but for investors seeking innovative investment pathways in real estate.