Bluerock Value Exchange, a 20-year, national sponsor of 1031 exchange and Delaware statutory trust (DST) investment programs, announced it has fully subscribed BR Diversified Industrial Portfolio 7, DST (DIP 7) with $60 million in equity from individual investors, bringing the diversified industrial portfolio series to more than $400 million in tax-deferred 1031 exchange investments. Bluerock also reported more than $3 billion in past and current 1031 exchange programs.
“With DIP 7, we have now fully subscribed seven consecutive diversified industrial portfolios, and investor appetite for well-located, net-leased industrial shows no sign of cooling,” said Josh Hoffman, president of Bluerock Value Exchange. “We believe the industrial sector is well poised to deliver strong NOI growth, driven by long-term manufacturing and distribution tailwinds. We further believe these diversified portfolios are well suited to help investors preserve capital, generate stable income and