NEW YORK, Aug. 28, 2025 /PRNewswire/ -- Bluerock is pleased to announce that independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have recommended that shareholders support a key proposal in connection with listing the Bluerock Total Income+ Real Estate Fund ("TI+" or the "Fund") on the New York Stock Exchange.

The proposal recommended by ISS and Glass Lewis¹, also unanimously recommended by the Fund's Board of Trustees, would facilitate the conversion of TI+ from a closed-end interval fund to a listed closed-end fund. The Fund's listing would allow for full daily liquidity while also enabling more agile capital deployment, better positioning the Fund to capitalize on the attractive buying opportunities in today's private real estate market.

The proposed conversion will require shareholder approval at a special meeting scheduled for September 3, 2025. Upon listing, TI+ would become the largest real estate-focused listed closed-end fund in the world.

"We are thrilled to receive this endorsement from ISS and Glass Lewis," said Ramin Kamfar, Founder and Chief Executive Officer of Bluerock, the Fund's sponsor. "Their recommendations are a testament to the merits of this initiative and underscore our commitment to maximizing long-term value for our shareholders. We encourage our shareholders to actively participate in this important vote and help shape the future of TI+."

For additional information about the proposed conversion, please visit https://tifundproxy.com/.

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.

1. References proposal 2, which provides for the elimination of the Fund's fundamental policy of making quarterly repurchase offers.

About Bluerock

Bluerock is a leading institutional alternative asset manager based in New York with regional offices across the U.S. Bluerock principals have a collective 100+ years of investing experience with more than $120 billion real estate and capital markets experience and manage multiple well-recognized real estate private and public company platforms. Today, Bluerock has more than $19 billion in acquired and managed assets and offers a complementary suite of public and private investment programs, with both short and long-term goals, to individual investors seeking solutions aimed at providing predictable income, capital growth, and tax benefits.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Statements included herein may constitute "forward-looking" statements as that term is defined in Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, including statements with regard to future events or the future performance or operations of the Fund, including but not limited to, liquidity events. Words such as "intends," "will," "believes," "expects," and "may" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, geo-political risks, risks associated with possible disruption to the Fund's operations or the economy generally due to hostilities, terrorism, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in the Fund's operating area, unexpected costs, the ability of the Fund to complete the listing of the common shares on a national securities exchange, the price at which the common shares may trade on a national securities exchange, and failure to list the common shares on a national securities exchange, and such other factors that are disclosed in the Fund's filings with the Securities and Exchange Commission (the "SEC"). The inclusion of forward-looking statements should not be regarded as a representation that any plans, estimates or expectations will be achieved. Any forward-looking statements speak only as of the date of this communication. Except as required by federal securities laws, the Fund undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

In connection with shareholder proposals referenced herein, on July 3, 2025, the Fund filed with the Securities and Exchange Commission ("SEC") solicitation materials in the form of a preliminary proxy statement. The proxy statement will not be distributed to shareholders unless and until the completion of the SEC review period. Investors are urged to read the proxy statement and any other relevant documents filed or to be filed with the SEC carefully when they become available because they will contain important information about the shareholder proposals and the Fund. After they are filed, free copies of the proxy statement and other documents will be available on the SEC's web site at www.sec.gov or at www.TIFundProxy.com.

IMPORTANT INFORMATION

The Fund, its trustees and certain of its officers may be considered to be participants in the solicitation of proxies from shareholders in connection with the matters described herein. Information regarding the identity of potential participants, and their direct or indirect interests in the Fund, by security holdings or otherwise, are set forth in the proxy statement and any other materials filed with the SEC in connection with the Fund's special meeting of shareholders. Additional information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be included in the proxy statement relating to the matters described herein when it is available. Shareholders are able to obtain any proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Fund with the SEC for no charge at the SEC's website at www.sec.gov. Copies are available at no charge at the Fund's website at www.TIFundProxy.com. 

Media Contact:
Carly Hampton
Managing Director
champton@bluerock.com

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SOURCE Bluerock