New York, NY (February 5, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) has distributed a monthly cash dividend of $0.096666 per share on the Company’s Class A and Class B common stock, as announced earlier in the quarter.
The Company’s monthly dividend payments to stockholders represent an annualized dividend yield of 8.75% based on the closing...
New York, NY (January 21, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has closed on the sale of its recently-constructed 23Hundred@Berry Hill multifamily development in Nashville for $61.2 million, representing an Internal Rate of Return of approximately 60% and a 2.8x equity multiple. The Company plans to recycle and...
New York, NY (January 20, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced the completion of its underwritten public offering of 4,600,000 shares of Class A common stock, including 600,000 shares of Class A common stock issued pursuant to the full exercise of an option to purchase additional shares of Class A common stock...
New York, NY (January 13, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has entered into a joint venture with Trammell Crow Residential (TCR) to develop a 269-unit, Class A apartment community known as Alexan Blair House, utilizing BRG’s ‘Invest-to-Own’ convertible preferred equity structure. Located on approximately 4.2 acres, the...
New York, NY (January 12, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends for the first quarter of 2015 equal to a quarterly rate of $0.29 per share on the Company's Class A common stock and $0.29 per share...
New York, NY (January 12, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) announced today that it has commenced a public offering of approximately 4,000,000 shares of its Class A common stock. The Company expects to grant the underwriters a 30-day option to purchase up to approximately 600,000 additional shares to cover overallotments, if any.
The Company...
New York, NY (January 7, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced that it has entered into a contract to sell its recently constructed 23Hundred@Berry Hill multifamily development in Nashville for $61.2 million, representing an Internal Rate of Return of approximately 60% and a 2.8x equity multiple. The Company plans to recycle...
New York, NY (January 5, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) has distributed a monthly cash dividend of $0.096667 per share on the Company’s Class A and Class B common stock, as announced earlier in the quarter. The Company’s monthly dividend payments to stockholders represent an annualized dividend yield of 9.2% based on the...
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BRG’s Series B Preferred Stock & Warrants
This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. An offering is made only by the prospectus supplement and the accompanying prospectus. The contents of this webpage and advertising literature must be read in conjunction with the prospectus supplement and the accompanying prospectus in order to understand fully all of the implications and risks of the offering of securities to which it relates. A copy of the prospectus supplement and the accompany prospectus must be made available to you in connection with the offering. Neither the attorney general of the state of New York nor any other state regulators has passed on or endorsed the merits of the offering. Any representation to the contrary is unlawful.
The security investment described herein relates solely to BRG’s Series B Preferred Stock, a non-traded security of BRG which has not been listed on any national exchange. The risks and rewards of investing in the Series B Preferred Shares are separate and distinct from an investment in BRG’s common stock listed on the NYSE American.
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