New York, NY (December 20th, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or the “Company”) announced today that it has closed on the sale of its EOS Orlando Apartments property (“EOS”), located in Orlando, Florida. The property, which consists of 296 units, sold for $52 million, generating an internal rate of return of approximately 31% on...
New York, NY (December 20, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”, the “REIT” or the “Company”) announced today that it has acquired the 324-unit, multifamily Deerfield Apartments (“Deerfield”) in Austin, Texas. The Company acquired the property through a joint venture for a total purchase price of approximately $48.9 million, or roughly $151,000 per residential unit.
The acquisition...
New York, NY (December 20, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”, the “REIT” or the “Company”) announced today that it has acquired the 320-unit, multifamily Apex Prima Vista Apartments (“Apex”) in Port St. Lucie, FL. The Company acquired the property through a joint venture for a total purchase price of approximately $38.3 million, or approximately $120,000...
New York, NY (December 12, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”, the “REIT” or the “Company”) announced today that it has acquired the 320-unit, Class A+ multifamily City Walk Apartments (“City Walk”) in Roswell, Georgia. The Company acquired the property through a joint venture for a total purchase price of approximately $76.0 million, or roughly $237,000...
New York, NY (December 12, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on the Company's 8.250% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) for the fourth quarter of 2016, in the amount of $0.515625...
New York, NY (November 7, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG, BRG PrA, BRG PrC and BRG PrD) (“the Company”) announced today its financial results for the quarter ended September 30, 2016.
Highlights
Total revenues grew 69% to $19.6 million for the quarter from $11.6 million for the prior year quarter primarily as a result of significant...
New York, NY (October 26, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company” or “BRG”) will release its financial results for the third quarter ended September 30, 2016 before the market opens on Monday, November 7, 2016. The Company will host a conference call to discuss its financial results on Monday, November 7, 2016 at 11:00...
New York, NY (October 26, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company” or “BRG”) will release its financial results for the third quarter ended September 30, 2016 before the market opens on Monday, November 7, 2016. The Company will host a conference call to discuss its financial results on Monday, November 7, 2016 at 11:00...
New York, NY (October 20, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”, the “REIT” or the “Company”) announced today that it has acquired the 480-unit multifamily Nevadan Apartments (the “Nevadan”) in Atlanta, Georgia. The Company acquired the property through a joint venture for a total purchase price of approximately $68.25 million, or approximately $142,188 per residential unit.
The...
New York, NY (October 13, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) announced today the completion of its underwritten public offering of 2,700,000 shares of its 7.125% Series D Cumulative Preferred Stock, liquidation preference of $25.00 per share (the “Series D Preferred Stock”).
The Company received approximately $65.0 million in total net proceeds from the offering...
Thank you for your interest in
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.
NOTICE: You are now leaving Bluerock Residential Growth REIT’s website and are being redirected to the property’s website which is not owned by Bluerock Residential Growth REIT. We are not responsible for the content or availability on the property website.