New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has made a convertible preferred equity investment in a joint venture with Trammell Crow Residential (“TCR”), which was formed to develop a Class A rental apartment community known as Alexan CityCentre. Sized at approximately 340 units, the development is centrally...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”), a real estate investment trust (REIT) formed to acquire a diversified portfolio of institutional-quality apartment properties in demographically attractive growth markets throughout the United States, issued financial results for the first quarter ended March 31, 2014, and provides a corporate update to highlight the Company's progress. The...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that its Board of Directors has approved the acquisition of a majority joint venture interest in Lansbrook Village, a Class A apartment community located in the Tampa, Florida suburb of Palm Harbor, with an equity investment of approximately $14.2 million. The joint venture in which...

New York, NY – Bluerock Residential Growth REIT (NYSE MKT: BRG) (the “Company”) today announced the completion of its public offering of 3,448,276 shares of Class A common stock, at a price to the public of $14.50 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 517,241 shares to cover overallotments, if...

New York, NY – Bluerock Residential Growth REIT (NYSE MKT: BRG) (the “Company”) today announced the pricing of its public offering of 3,448,276 shares of Class A common stock, at a price to the public of $14.50 per share, for a total of approximately $44.4 million of net proceeds after deducting underwriting discounts and commissions and estimated offering expenses payable...