Bluerock Value Exchange Fully Subscribes $39.4 Million Multifamily DST in Atlanta Metro
Bluerock Value Exchange (BVEX) has announced the full subscription of its BR Parkview Multifamily, DST offering, raising $39.4 million in equity from accredited investors. The investment targets a newly constructed 264-unit Class A apartment community located in Gwinnett County, Georgia, within the Atlanta metropolitan area. The total property value, including loan proceeds, is approximately $78 million. The project marks BVEX's 47th individual DST program and highlights the firm's growing footprint in the multifamily sector. Management cited strong demand driven by a shortage of new construction and significant population growth in Gwinnett County as key drivers for the investment. The DST structure is designed to provide investors with flexible exit strategies, including tax-deferred contributions into an Operating Partnership or cash redemptions.
Topics: 1031 exchange Delaware Statutory Trust Equity Raising Multifamily Housing