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...

New York, NY (December 26, 2014) – On December 24, 2014, Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission announcing that BR Waterford Crossing JV, LLC, in which the Company holds an indirect equity interest, along with the other tenant-in-common owner of a 252-unit apartment...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced the sale of the 240-unit Estates at Perimeter community located in Augusta, Georgia for $26 million. BRG held a 25% joint venture interest in the property which it acquired in September 2010. “The sale of Estates at Perimeter provides us an opportunity to harvest gains...

New York, NY – Today Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission announcing that 23Hundred, LLC, in which the Company holds an indirect equity interest, along with the other tenant-in-common owners of a 266-unit apartment community in Nashville, Tennessee known as 23Hundred@Berry Hill (the...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission today announcing it had restructured its investment in a 266-unit apartment community in Nashville, Tennessee known as 23Hundred@Berry Hill (the “Berry Hill Property”) as of December 9, 2014. The Berry Hill Property is...

New York, NY – 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 9.1% based on the closing price of $12.80...

New York, NY – 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 9.34% based on the closing price of $12.42...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has acquired a 306-unit Class A apartment community in the South Orlando submarket, currently known as the Venue Apartments and to be rebranded as ARIUM Grande Lakes. The asset was acquired for $43.3 million, a considerable discount from its 2006 sale...