New York, NY (February 1, 2018) Bluerock Value Exchange (“BVEX”) has announced the appointment of Josh Hoffman as President. Mr. Hoffman will be responsible for oversight of BVEX’s investment programs, including product structuring, marketing, servicing and brand promotion.
“BVEX placed among the top 6 industry sponsors of 1031 exchange investment programs in 2017, with close to 30% sales growth over the prior year,” Mr. Hoffman said. “We are on a trajectory for even stronger growth in 2018 with planned expansions of our acquisition, sales, and investor support platforms to accommodate and we are seeing tremendous and consistent demand from advisors.”
BVEX invests primarily in highly-amenitized multifamily apartments in growth markets throughout the US. “We have targeted a set of criteria that is enabling us to generate consistent annual cash flow, inflation protection, capital preservation, value creation and tax advantages. This has been very appealing to our investor base,” Mr. Hoffman said.
Mr. Hoffman has more than 14 years of experience working in partnership with the independent broker- dealer community. Over the course of his career, he has successfully completed more than 65 sponsored 1031 like-kind exchange security offering programs representing more than $1.4 billion in property value and more than 7.8 million square feet. He earned a bachelor’s degree in Business Management from Boise State University and holds FINRA Series 7, and 63 licenses. Mr. Hoffman, who joined Bluerock in 2009, will continue to serve as Managing Director, Head of Due Diligence and Marketing for Bluerock and its suite of private and public alternative investment products.
About Bluerock Value Exchange
Bluerock Value Exchange is a national sponsor of syndicated 1031-exchange offerings with a focus on Class A assets that seek to deliver stable cash flows and potential for value creation. Bluerock has structured 1031 exchanges on $1.4 billion in total property value and over 7.5 million square feet of property. With capacity across nearly all real estate sectors and the ability to customize transactions for individual investors, BVEX is available to create programs to accommodate a wide range of tax requirements.
About Bluerock
Bluerock is a leading alternative asset management firm with over $4.5 billion on Assets Under Management and headquartered in Manhattan with regional offices across the U.S. Bluerock principals have a collective 115+ years of investing experience, have been involved with over $10 billion in investments, and have helped launch leading private and public company platforms.
