Bluerock Capital Markets (BCM), a distributor of institutional alternative investment products and the dedicated dealer manager for Bluerock, has reported a new annual record capital raise of approximately $2.1 billion in 2021. The company’s trailing three-month sales annualize to approximately $3.3 billion.
BCM’s record inflows represents a notable 117 percent year-over-year increase from 2020, driven by individual annual capital raise records for all three of its investment program verticals with sales of more than $1.5 billion (including distribution reinvestment) in its flagship Bluerock Total Income+ Real Estate Fund, up 87 percent; sales for Bluerock Residential Growth REIT’s Non-Traded Preferred Stock offering of $464 million, up 90 percent; and sales for Bluerock Value Exchange’s 1031 exchange programs of $214 million, up 120 percent, all year-over-year as compared to 2020.
“Entering 2021, we expressed our bullish outlook for institutional real estate