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Bluerock To Spin Off Single-Family Rental Holdings Into New REIT

Move Comes as Russia’s Invasion of Ukraine Tests Property Sector, According to Analysts
Among Bluerock Homes Trust’s holdings will be the Willow Park development in Willow Park, Texas. (Bluerock Residential)
Among Bluerock Homes Trust’s holdings will be the Willow Park development in Willow Park, Texas. (Bluerock Residential)
CoStar News
March 11, 2022 | 8:52 P.M.

Bluerock Residential Growth Trust is nearing completion of the spinoff of its single-family rental property business into a stand-alone real estate investment trust. The move would clear the way for affiliates of Blackstone Real Estate to acquire Bluerock Residential for $3.36 billion.

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