Sponsor profile
SEC filings + cited sources
Bluerock Value Exchange (BVEX) is a national sponsor of syndicated 1031 exchange and Delaware statutory trust (DST) programs, operating since 2005 as a subsidiary of Bluerock Real Estate and headquartered in New York. The platform reports structuring 1031 exchanges on more than $3 billion in total property value and over 15.5 million square feet. Historically focused on multifamily, BVEX has expanded into a sequential industrial net-lease DST series. It remained actively launching and fully subscribing new offerings across 2025 and 2026, spanning multifamily and industrial programs, and has completed multiple full-cycle dispositions over its history.
Platform and structure
Bluerock Value Exchange (BVEX) presents itself as a national sponsor of syndicated 1031 exchange and DST investment programs pursuing stable cash flow and value creation 1. Operating since 2005, the platform reports more than 20 years of history and states it has structured 1031 exchanges on more than $3 billion in total property value and over 15.5 million square feet of property 2. It operates as a subsidiary of Bluerock Real Estate and is headquartered at 1345 Avenue of the Americas in New York 3.
Representative completed outcomes
In August 2022, BVEX reported the full-cycle sale of five DST programs totaling roughly $393 million in value, returning more than $101 million in net proceeds and a sponsor-stated 16.7% average annual return to investors 4. Earlier full-cycle multifamily dispositions include Venue at Big Creek in Alpharetta, GA, sold in early 2021 for about $100.3 million after a four-year hold at a sponsor-reported 11% IRR 5, and Beach House in Jacksonville Beach, FL, sold in November 2021 at a sponsor-reported 165% total return 6.
Current activity
BVEX remained active into 2026. It launched BR Parkview Multifamily DST on January 14, 2026 — a 264-unit Class A community in the Atlanta metro (Gwinnett County, GA) targeting roughly $39.4 million in equity at about $78 million total value, described as its 44th DST program 7. On February 11, 2026 it launched BR Diversified Industrial Portfolio 7 DST, an unlevered, all-cash $60 million offering across five properties in four states (AL, FL, MO, VA), described as its 45th program and seventh sequential industrial DST 8. It reported fully subscribing DIP 6 with $71 million in equity in April 2026 9, BR Amira with $66 million in September 2025 10, and DIP IV with $31.6 million in June 2025 11. In March 2026, BVEX announced more than $3.4 million in special distributions across managed programs 12.
Ownership
In May 2024, parent company Bluerock announced a definitive agreement for a strategic partnership and minority investment by The Townsend Group 13.