B
luerock today announced a proposed shareholder liquidity event for its flagship real estate fund, the Bluerock Total Income+ Real Estate Fund (TI+). The proposal, unanimously recommended by the Fund's Board, would convert TI+ from a closed-end interval fund to a listed closed-end fund traded on the New York Stock Exchange. This move aims to deliver enhanced liquidity and potential for stronger long-term returns to investors.

    "This decision reflects our commitment to acting in the best interest of shareholders," said Ramin Kamfar, Founder and CEO of Bluerock. "We believe a listed structure is the optimal path to unlock long-term value in TI+." The proposed conversion will allow for full daily liquidity while enabling more agile capital deployment, positioning the Fund to capitalize on attractive buying opportunities in today's private real estate market.

    By listing the Fund, investors will have access to enhanced total returns and stronger, more frequent distributions paid monthly instead of quarterly. "We believe this may lead to a better path forward for our investors," said Jeffrey Schwaber, CEO of Bluerock Capital Markets. Shareholders are encouraged to review proxy materials and cast their vote at a special meeting tentatively scheduled for September 3, 2025.

    Upon listing, TI+ would become the largest real estate-focused listed closed-end fund in the world, enjoying a substantial scale advantage in the public markets. "We believe this marks a pivotal evolution in the Fund's structure," said Mr. Schwaber. Shareholders can visit www.tifundproxy.com for more information and details on the voting process.

    For copies of TI+ public company filings, please visit the U.S. Securities and Exchange Commission's website at sec.gov or the Company's website at bluerockfunds.com.