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...

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 9.6% based on the closing price of $12.10...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced the pricing of its public offering of 2,639,517 shares of Class A common stock, at a price to the public of $11.90 per share, for a total of approximately $28.7 million of net proceeds after deducting underwriting discounts, commissions, fees and estimated offering expenses...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) announced today that it has commenced a public offering of approximately 2,639,517 shares of its Class A common stock. The Company expects to grant the underwriters a 30-day option to purchase up to approximately 395,927 additional shares to cover overallotments, if any. Shares of the Company’s...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company” or “BRG”) has increased its ownership interest in the Enders Place at Baldwin Park property to 89.5% from 48.4% in an acquisition that closed on September 10, 2014. Enders Place is a Class A 220-unit luxury multifamily rental community in the award winning Baldwin Park community...

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 shareholders represent an annualized dividend yield of 8.3% based on the closing price of $13.92...