Michael Konig - Bluerock Residential COO, General Counsel and Secretary
| BRGDelisted Stock | USD 26.60 0.28 1.04% |
COO
Mr. Michael L. Konig is an Chief Legal Officer and Secretary of the Company. Mr. Konig served as our Chief Operating Officer, General Counsel and Secretary of both our Company and our former Manager from November 2013 through October 2017, and as Senior Vice President and General Counsel of our Company and our former advisor from August 2008 through November 2013. Mr. Konig joined Bluerock in 2004 and has continuously served in various senior legal and management capacities for it and its affiliates, including as General Counsel of Bluerock, and served as Chief Legal Officer of the advisor of Bluerock Total Income Real Estate Fund from October 2012 through May 2018. Mr. Konig has over 25 years of experience in law and business. Mr. Konig was an attorney at the firms of Ravin Sarasohn Cook Baumgarten Fisch Baime from September 1987 to September 1989, and Greenbaum Rowe Smith Davis from September 1989 to March 1997, representing borrowers and lenders in numerous financing transactions, primarily involving real estate, distressed real estate and Chapter 11 reorganizations, as well as a broad variety of litigation and corporate law matters. From 1998 to 2002, Mr. Konig served as legal counsel, including as General Counsel, at New World Restaurant Group, Inc. . From 2002 to December 2004, Mr. Konig served as Senior Vice President of Roma Food Enterprises, Inc. where he led operations and the restructuring and sale of the privately held company with approximately 300 million in annual revenues since 2017.
| Age | 58 |
| Tenure | 7 years |
| Professional Marks | MBA |
| Phone | 212 843-1601 |
| Web | www.bluerockresidential.com |
Bluerock Residential Management Efficiency
The company has Return on Asset of 1.24 % which means that on every $100 spent on assets, it made $1.24 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 4.46 %, implying that it generated $4.46 on every 100 dollars invested. Bluerock Residential's management efficiency ratios could be used to measure how well Bluerock Residential manages its routine affairs as well as how well it operates its assets and liabilities.The company has 1.37 B in debt with debt to equity (D/E) ratio of 1.19, which is OK given its current industry classification. Bluerock Residential has a current ratio of 5.68, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Bluerock Residential until it has trouble settling it off, either with new capital or with free cash flow. So, Bluerock Residential's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bluerock Residential sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bluerock to invest in growth at high rates of return. When we think about Bluerock Residential's use of debt, we should always consider it together with cash and equity.
is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized liveworkplay apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. Bluerock Residential Growth REIT, Inc. operates as a subsidiary of Bluerock Multifamily Advisor, LLC. Bluerock Residential operates under REITResidential classification in the United States and is traded on ASE Exchange. Bluerock Residential Growth (BRG) is traded on NYSE MKT Exchange in USA and employs 9 people. Management Performance
| Return On Equity | 4.46 | |||
| Return On Asset | 1.24 |
Bluerock Residential Leadership Team
Elected by the shareholders, the Bluerock Residential's board of directors comprises two types of representatives: Bluerock Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bluerock. The board's role is to monitor Bluerock Residential's management team and ensure that shareholders' interests are well served. Bluerock Residential's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bluerock Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Vohs, Chief Accounting Officer, Treasurer | ||
| I Majumder, Independent Director | ||
| R Kamfar, Chairman of the Board, Chief Executive Officer | ||
| James Babb, Chief Investment Officer | ||
| Kamal Jafarnia, Independent Director | ||
| Michael Konig, COO, General Counsel and Secretary | ||
| Ramin Kamfar, Chairman of the Board and Presidentident, CEO | ||
| Melissa Shrimpton, IR Contact Officer | ||
| Brian Bailey, Independent Director | ||
| Michael DiFranco, Executive Vice President - Operations | ||
| Gary Kachadurian, Vice Chairman and Member of Investment Committee | ||
| Bobby Majumder, Independent Director | ||
| Romano Tio, Independent Director | ||
| Elizabeth Harrison, Independent Director | ||
| Jordan Ruddy, President, Chief Operating Officer | ||
| Ryan MacDonald, Chief Acquisitions Officer |
Bluerock Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bluerock Residential a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 4.46 | |||
| Return On Asset | 1.24 | |||
| Profit Margin | 22.70 % | |||
| Operating Margin | 20.44 % | |||
| Current Valuation | 3.05 B | |||
| Shares Outstanding | 27.42 M | |||
| Shares Owned By Insiders | 2.69 % | |||
| Shares Owned By Institutions | 56.87 % | |||
| Number Of Shares Shorted | 1.72 M | |||
| Price To Earning | 228.58 X |
Pair Trading with Bluerock Residential
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bluerock Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bluerock Residential will appreciate offsetting losses from the drop in the long position's value.Moving against Bluerock Stock
| 0.74 | ELS | Equity Lifestyle Pro Financial Report 15th of July 2024 | PairCorr |
| 0.71 | SUI | Sun Communities | PairCorr |
The ability to find closely correlated positions to Bluerock Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bluerock Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bluerock Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bluerock Residential Growth to buy it.
The correlation of Bluerock Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bluerock Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bluerock Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bluerock Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Bluerock Stock
If you are still planning to invest in Bluerock Residential check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bluerock Residential's history and understand the potential risks before investing.
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