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Bluerock Value Exchange Announces Successful Sell-Out of Class A, Multifamily Big Creek DST 1031 Exchange Offering

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PR Newswire NEW YORK, Aug. 15, 2017 /PRNewswire/ -- Bluerock Value Exchange ("BVEX") announced today the sellout of its latest 1031 exchange program , BR Big Creek, DST, a Class A, 372-unit, apartment community ("the property") located in Alpharetta, Georgia. The securities offering was fully subscribed for more than $35 million in capital. Completed in 2016, Big Creek is a class A apartment community in the affluent, high growth, mixed-use neighborhood of Alpharetta in Atlanta, GA. In keeping with the value creation strategy of BVEX, the property offers steady cash flow with upside potential in rents. "Bluerock Value Exchange concentrates solely on acquiring high-quality, Class A 1031 replacement properties with potential to deliver attractive current cash flow and grow investor capital . There's significant need, particularly among independent broker dealers , for high- caliber replacement properties from established sponsors with proven performance...

Begging for Change: Burlington Stabbings Prompt Proposed Penalties | Crime | Seven Days

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click to enlarge Rob Donnelly Sporting a bandanna over a graying ponytail, Arthur Madeiros sat bare -chested on the northwest corner of Church and Main streets on August 16, holding a cardboard sign that read: "Homeless Anything helps." The 50-year-old Rutland man had arrived in Burlington a week earlier, just hours before a fight among three itinerant men turned violent in City Hall Park . Police said Conner Lucas was intoxicated when he stabbed two fellow homeless men — one in the hand, the other in the neck — on August 9. Within 24 hours, Madeiros had gotten a knife of his own, for protection. He has no plans to use it, he said, but, "Of course, I'm nervous." He's not alone. The stabbing incident was the second in the last five months involving homeless men in downtown Burlington . In March, Louis Fortier allegedly used a knife to kill 43-year-old Richard Medina on the corner of Church and Cherry streets — in broad daylight. In additi...