NEW
YORK, Oct. 7, 2024 /PRNewswire/ -- Bluerock
Value Exchange (BVEX), a long-time, national sponsor of 1031
exchange and Delaware Statutory Trust (DST) investment programs,
announced the launch of its latest 1031 exchange/DST offering known
as BR Diversified Industrial Portfolio IV, DST (DIP IV) which is
seeking to raise approximately $31.6
million from accredited investors. DIP IV represents BVEX's
37th individual DST program, and fourth sequential
industrial-focused DST program.
The unlevered DST offering includes a two state (South Carolina, Tennessee), three property, industrial sector
portfolio comprised of approximately 200,000 square feet of
combined warehouse and distribution properties which are 100%
leased to four distinct mixed-use industrial
tenants.
BVEX believes DIP IV represents an attractive investment
opportunity in an already assembled diverse portfolio located in
desirable high growth sunbelt market locations. DIP IV seeks to
provide investors with stable monthly cash flow pursuant to
long-term triple net leases and the potential for capital
appreciation due to heightened demand for industrial properties
coupled with the ability to drive future rent and net operating
income (NOI) growth with current rents substantially below
(approximately 20% on average) market rates.
"We continue to see strong demand from 1031 exchange investors
for industrial sector portfolios in high growth markets and
acquired without mortgage debt," said Josh
Hoffman, President of Bluerock Value Exchange. "The
industrial sector is poised to deliver best-in-class rent and NOI
growth amongst all major commercial real estate sectors due to
long-term e-commerce and manufacturing demand tailwinds driving
demand within the sector. We believe we can best accomplish our
investor's goals of preserving capital, deliver stability of
income, and generate high risk-adjusted returns over a moderate
hold period through these types of diversified portfolios," added
Hoffman.
About Bluerock Value Exchange
With a 20-year track
record, Bluerock Value Exchange is a national sponsor of syndicated
1031-exchange offerings with a focus on Premier Exchange
Properties™ that seek to deliver stable cash flows and potential
for value creation. Bluerock has structured 1031 exchanges of more
than $2.6 billion in total property
value and 13 million square feet of property. Additional
information can be found at bluerockexchange.com.
About Bluerock
Bluerock is a leading institutional
alternative asset manager with more than $18
billion of acquired and managed assets headquartered in
Manhattan with regional offices
across the U.S. Bluerock principals have a collective 100+ years of
investing experience with more than $120 billion real estate and capital markets
experience and have helped launch leading private and public
company platforms. Additional information can be found at
bluerock.com.
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SOURCE Bluerock Value Exchange