U.S.-based investment management firm Bluerock Capital Markets, LLC has secured more than $22.1 million in initial capital raise.
Bluerock Capital Markets said that this substantial growth in sales was as a result of subscriptions for its Series B Redeemable Preferred Stock and Warrants program issued by its real estate company Bluerock Residential Growth REIT, Inc.
Further, Bluerock's Total Income+ Real Estate fund will attract substantial new investor inflows its significant outperformance of the broader equity, bond and public real estate space.
In November, Bluerock Capital Markets also bagged $11.6 million in capital commitments.