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...