Bluerock Value Exchange (BVEX) has launched BR Parkview Multifamily, DST, its newest 1031 exchangeāeligible Delaware statutory trust, targeting approximately $39.4 million in equity from accredited investors. Including loan proceeds, the transaction carries a total capitalization of roughly $78 million.
The offering represents BVEXās 44th individual DST program and centers on a newly constructed, Class A apartment community in Gwinnett County, the fastest-growing county in the Atlanta metro area, according to the firm.
BVEX said the Parkview DST is designed to deliver attractive monthly cash flow alongside potential long-term appreciation, supported by the propertyās proximity to major employment hubs and entertainment centers. The investment thesis also leans on Atlantaās historically undersupplied housing market, where demand continues to outpace new deliveries.
Importantly for tax-deferred investors, the DST structure provides multiple exit options, including a 721 exchange into an UPREIT, a subsequent 1031 exchange, or a taxable cash-out at dispositionāoffering flexibility as market conditions evolve.
āWe believe this is a compelling entry point for multifamily investing,ā said Josh Hoffman, president of BVEX. āWith new construction slowing meaningfully, the sector is positioned to benefit from tightening supply, a growing affordability gap between renting and homeownership, and continued household formation.ā
The Parkview launch follows a steady cadence of recent BVEX offerings, including BR Diversified Industrial Portfolio V ($36.7 million), BR Churchill Downs (targeting $37.8 million), and BR Diversified Industrial Portfolio IV ($31.6 million).
Based in Manhattan, BVEXāa division of Bluerockāhas structured more than $3 billion in 1031 exchange transactions across 15.5 million square feet of commercial and multifamily real estate nationwide.
The post Bluerock Value Exchange Launches $39M Multifamily DSTĀ appeared first on Connect Money.
