Board of Bluerock Residential Growth REIT Approves Investment in Durham, NC’s Class AA Whetstone Apartments
New York, NY (May 4, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”) today announced that its Board of Directors has approved an investment of approximately $13.7 million in a joint venture that will acquire a 204-unit Class AA multifamily project known as Whetstone Apartments (“Whetstone”). Located in a sought-after neighborhood of Durham, North Carolina, Whetstone is...