Bluerock Capital Markets Breaks Another Monthly Record with $480 Million Raised in May

Bluerock Capital Markets LLC, a distributor of alternative investment products and the dealer manager for Bluerock, reported a new monthly record of equity capital raise of approximately $480 million in May 2022 and more than $2.1 billion year-to-date. The company’s trailing 3-month equity inflows annualize to approximately $5.4 billion.

Fundraising was led by Bluerock’s flagship interval fund, Bluerock Total Income+ Real Estate Fund, which logged more than $1.92 billion of new capital inflows through May. The fund recently eclipsed $6 billion in net assets making it the largest real estate interval fund.

Bluerock Total Income+ invests most of its assets in private equity real estate securities, including investments managed by Ares, Blackstone, Morgan Stanley, Prudential, Clarion Partners, Invesco, RREEF, and others.

As previously reported by The DI Wire, the fund’s Class I shares (TIPWX) generated record net returns in the last 12 months of 30 percent, as of May 31, 2022, and had an annualized net return to shareholders since inception of 9.56 percent, with a 1.7 percent annualized standard deviation.

“Investors are seeking to generate high income coupled with growth for an inflation hedge and shield against the high volatility and potential large drawdowns in the equity markets and are rotating capital into institutional private real estate which, historically, has performed above its long-term average during inflationary periods,” said Jeffrey Schwaber, chief executive officer of Bluerock Capital Markets. “We believe our investment programs target investments in the real estate sectors that are poised to continue to outperform…”

Bluerock Capital Markets also serves as the dealer manager for Bluerock’s private placements, including those sponsored by Bluerock Value Exchange, a sponsor of syndicated 1031 exchange/Delaware statutory trust offerings with a focus on the residential and industrial sectors.

Bluerock is an alternative asset manager with more than $14 billion of acquired and managed assets headquartered in Manhattan with regional offices across the U.S.

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