Bluerock Value Exchange Launches Class A Fully Stabilized Multifamily DST in Tampa
Bluerock Value Exchange (BVEX), a well-established national sponsor specializing in 1031 exchange and Delaware Statutory Trust (DST) investments, has recently unveiled its newest offering in sunny Tampa, Florida. The BR Amira DST aims to raise approximately $66 million from accredited investors, emphasizing an attractive opportunity within the burgeoning Tampa Metro area.
This newly renovated class A apartment community is strategically positioned near the Tampa International Airport, providing immediate access to crucial transport routes and essential shopping amenities. The area is characterized by its impressive walkability to various employment hubs, boasting nearly 200,000 jobs just minutes away—all while being a short drive to the beautiful beaches of Tampa Bay.
BVEX anticipates that the Amira asset will provide monthly cash flow to investors, alongside robust prospects for capital appreciation. This potential is primarily driven by a favorable forecast for rising rents, a corresponding effect of sustained high job creation and population growth in the Tampa Metro area. Notably, the DST program has secured non-recourse financing from Fannie Mae at a competitive interest rate of 4.81%, bringing a manageable loan-to-capitalization ratio of about 46%. This setup is particularly appealing for investors looking to replace debt as part of their 1031 exchange.
Josh Hoffman, President of BVEX, expressed confidence in the timing and positioning of this investment. He noted that the apartment sector is set to enormously benefit from significant rent increases, a consequence of a severe shortage of new housing developments. Furthermore, the current disparity in affordability between renting and homeownership is at an all-time high—creating an ideal landscape for sustained demand in rental units. "Amira's exceptional location, demographic profile, and barriers to new apartment developments offer significant opportunities for our investors," Hoffman added.
Bluerock Value Exchange boasts a notable 20-year track record in the investment landscape, having successfully structured over $2.6 billion in 1031 exchange properties and managing approximately 13.7 million square feet of real estate. Their strategic focus on Premier Exchange Properties™ is designed to provide consistent cash flows and potential value creation for investors.
The firm’s overall resources are substantial: Bluerock manages assets exceeding $18.7 billion and includes a team with over 100 years of combined experience in the real estate and capital markets sectors. Their expertise in launching both private and public platforms underlines their commitment to providing investors with stable and lucrative options.
For more details about this opportunity at Amira and other offerings, interested parties can visit the Bluerock Value Exchange website at
bluerockexchange.com. Continuing to push boundaries, BVEX remains a trusted name for accredited investors seeking reliable and profitable real estate investments, particularly within the flourishing Tampa area where economic growth seems boundless.