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...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”) announced today its financial results for the quarter ended September 30, 2014. Management Commentary “We are pleased with our third quarter results as we met the top end of our AFFO guidance of $0.22 per share, which was an increase of 69% or $0.09 per share compared to...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that it plans to release its financial results for the third quarter ended September 30, 2014 after market close on Monday, November 3, 2014. The Company will host a conference call to discuss its financial results on Tuesday, November 4, 2014 at 3 PM...

New York, NY – 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 fourth quarter of 2014 equal to a quarterly rate of $0.29 per share on the Company's Class A common stock and $0.29 per share on the Company’s...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced the completion of its underwritten follow-on offering of 3,035,444 shares of Class A common stock, including 395,927 shares of Class A common stock issued pursuant to the full exercise of an option to purchase additional shares of Class A common stock granted to the...