The Acquirers Podcast · Thursday, October 29, 2026
Tim Melvin discusses Blue Rock Real Estate Fund, noting it was listed as a closed-end fund following institutional redemption requests. He points out that it trades at a steep 45% discount to net asset value while offering a high double-digit effective yield.
“Now, we've seen something interesting happen in spaces that are starting to see institutional pressure to liquidate. And... So when you put your money in an institutional fund, right, you sign an agreement... However, like we've seen in private credit, like we've seen in real estate, once everybody wants their money out... So what they did is they said, okay, guys, we're not taking the flack for this... we're going to list the fun.”
“I love this. It's a 45% discount. It's in a market, commercial real estate, that has been beaten and battered pretty good and that is still very unpopular.”