06.12.2016 17:35:00
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Bluerock Hires Industry Powerhouse as CEO of Bluerock Capital Markets
NEW YORK, Dec. 6, 2016 /PRNewswire/ -- Bluerock Real Estate announced today that it has appointed 32-year industry veteran, Jeffrey S. Schwaber as CEO of Bluerock Capital Markets, LLC, the managing broker dealer for Bluerock's suite of investment products and funds.
Schwaber joins Bluerock from Griffin Capital Securities where he served as President and Head of Distribution and was instrumental in orchestrating Griffin's rapid rise to industry-leading fund raising, bringing in approximately $7 billion in equity over a 4-1/2 year span. Schwaber is also lauded for his success as a founding partner and Head of Capital Markets and Distribution at Behringer Harvard, where he oversaw an equity intake of approximately $6 billion.
"Jeff is one of the most accomplished and highly regarded capital market heads in the investment management business and his track record of success in raising capital is well-known in our industry," Ramin Kamfar, Founder and Chairman of Bluerock commented. "He has not once but twice built companies to capital raising leadership and we are delighted to match his distribution expertise with our real estate expertise and industry leading suite of investment products."
Schwaber has overseen over $13 billion of equity raise, making him one of if not the highest raising and most successful capital market heads in the history of the direct investment industry. He is recognized as a hands-on leader with a rigorous dedication to client support, and will be integrally involved in sales, selling group buildout, product and business development.
"The decision to bring Jeff Schwaber on board was the logical next step in our program to expand the Bluerock distribution footprint," Jordan Ruddy President of Bluerock Real Estate commented. "We remain intent on delivering best-in-class products and securing top talent to service our broker dealer and RIA partners. Jeff is extremely well positioned to oversee our next phase of growth."
Schwaber's immediate mandate will be to grow distribution of Bluerock's performance-leading interval fund, the Total Income + Real Estate Fund (NASDAQ: TIPRX, TIPPX and TIPWX) as well as Bluerock Residential Growth REIT's Redeemable Preferred Stock and Bluerock's rapidly expanding 1031 exchange division, Bluerock Value Exchange.
"Bluerock has a powerful and growing reputation for strong performance, integrity and its ability to introduce highly desirable, innovative products that are both well-timed and well-positioned," Schwaber said. "The quality and depth of experience across the management team is extraordinary, as well. I don't know of a company that may be better positioned to create value for investors in the current economic and regulatory environment and I am extremely pleased to be part of the team."
About Bluerock Real Estate
Bluerock Real Estate, LLC is a private asset management and investment firm based in New York, NY whose senior management team has an average of over 27 years each investing experience and has helped launch several leading real estate private and public company platforms. Bluerock's key principals have been involved with sourcing, structuring and acquiring over 35 million square feet of real estate, with approximately $10 billion in value during three major market cycles.
About Bluerock Capital Markets
Bluerock Capital Markets, LLC serves as the managing broker dealer for Bluerock Real Estate, LLC and is a member of FINRA/SIPC. Formed in 2010, BRCM seeks to provide educational information related to real estate investment opportunities for financial advisors and their clients. BRCM distributes a broad range of real estate and real estate-related investment products exclusively through broker dealers and investment professionals.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Total Income+ Real Estate Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 888-459-1059. The Total Income+ Real Estate Fund is distributed by Northern Lights Distributors, LLC member FINRA/SIPC. The prospectus should be read carefully before investing. Bluerock Fund Advisor, LLC is not affiliated with Northern Lights Distributors, LLC. 3871-NLD-12/5/2016.
An offering is made only by means of a prospectus or Confidential Private Placement Memorandum (the "Memorandum") and any supplements thereto. Neither the Attorney General of the State of New York nor any other state regulators has passed on or endorsed the merits of the offering. Any representation to the contrary is unlawful. The security investment described herein relates solely to BRG's Series B Preferred Stock, a non-traded security of BRG which has not been listed on the NYSE MKT. The risks and rewards of investing in the Series B Preferred Shares are separate and distinct from an investment in BRG's common stock listed on the NYSE MKT. An investment in Bluerock Residential Growth REIT, Inc. involves a high degree of risk. You should purchase our securities only if you can afford a complete loss of your investment. See the "Risk Factors" sections of the Prospectus Supplement for a discussion of material risks related to an investment in our Series B Redeemable Preferred Stock and Warrants. N-16-99
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bluerock-hires-industry-powerhouse-as-ceo-of-bluerock-capital-markets-300373756.html
SOURCE Bluerock Real Estate
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