Bluerock Real Estate Acquisition Announcement: Villas at Oak Crest Apartments, Chattanooga, Tennesse

Bluerock Real Estate, LLC, a national real estate investment firm, announced February 1, 2012 a preferred equity investment in the Villas at Oak Crest Apartments located in Chattanooga, Tennessee. New York, NY (PRWEB) June 14, 2012 Villas at Oak Crest is 209 unit apartment community comprised of 10 buildings with a mix of one, two, and three-bedroom floor plans. Bluerock acquired the property in conjunction with Madison Capital Group and Brookside Properties for $15 million through a joint venture partnership, with Madison and Brookside also providing property management services. As both
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