Correction (October 27, 2026): this article has been corrected since it was first published and was reviewed again against its sources.
BR Grand at Westside, DST sold its property on August 8, 2022, after a hold of 4.5 years. The sponsor is Bluerock Value Exchange, which has 44 programs on record.
The sponsor's announcement reports full-cycle results for a group of its 1031 exchange programs. Two figures are published for this program, an equity multiple and an annualized return, both set out below. The evidence on hand carries no total return, no sale price attributable to this Trust alone, and no statement of who bought the property.
Field | Record |
|---|---|
Trust | BR Grand at Westside, DST |
Sponsor | Bluerock Value Exchange |
Property | not stated |
Location | not stated |
Asset type | Residential |
Exemption | 506(b) |
First Form D filed | February 23, 2018 |
Original offering amount (maximum) | $32,883,763 |
Minimum investment | $100,000 |
Outcome | Property sold |
Exit date | August 8, 2022 |
Hold | 4.5 years |
Equity multiple | 1.75x, as reported by the sponsor in its full-cycle announcement |
Annualized return | 16.9%, as reported by the sponsor in that same announcement |
Trust
BR Grand at Westside, DST
Sponsor
Bluerock Value Exchange
Property
not stated
Location
not stated
Asset type
Residential
Exemption
506(b)
First Form D filed
February 23, 2018
Original offering amount (maximum)
$32,883,763
Minimum investment
$100,000
Outcome
Property sold
Exit date
August 8, 2022
Hold
4.5 years
Equity multiple
1.75x, as reported by the sponsor in its full-cycle announcement
Annualized return
16.9%, as reported by the sponsor in that same announcement
Four Bluerock Value Exchange offerings are currently on the market. They include Skytop Apartments, a multifamily property in Cincinnati, Ohio, and District at Parkview Apartments in Stone Mountain, Georgia. The sponsor's other current offerings are in California and Illinois.
Beyond the Form D, every figure on this outcome comes from the sponsor's own release, and that release groups several programs together rather than reporting each one separately.
Sources: Form D, filed February 23, 2018; Bluerock Value Exchange full-cycle announcement, undated.
The hold runs from the first Form D to the exit date; return figures are as reported by the sponsor. How we report outcomes.