New York, NY (May 4, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”) today announced that its Board of Directors has approved an investment of approximately $13.7 million in a joint venture that will acquire a 204-unit Class AA multifamily project known as Whetstone Apartments (“Whetstone”). Located in a sought-after neighborhood of Durham, North Carolina, Whetstone is...
New York, NY (May 1, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company” or “BRG”) will release its financial results for the first quarter ended March 31, 2015 before the market opens on Tuesday, May 12, 2015.
The Company will host a conference call to discuss its financial results on Tuesday, May 12, 2015 at 12:00 PM...
New York, NY (April 13, 2015) – 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 second quarter of 2015 equal to a quarterly rate of $0.29 per share on the Company's Class A common stock and $0.29 per share...
New York, NY (April 6, 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 8.6% based on the closing...
New York, NY (April 1, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has acquired through a joint venture a 288-unit Class A apartment community in Austin, Texas known as the Fox Hill Apartments (“Fox Hill”).
The Company made an equity investment of $10.16 million to acquire an aggregate 85.3% indirect...
New York, NY (March 20, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has acquired through a joint venture a newly-constructed, class AA apartment community in Charlotte, North Carolina known as the Park & Kingston Apartments (“Park & Kingston”).
The purchase price for the property’s 168 units is $30.7 million, or...
New York, NY (March 11, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has entered into an agreement to acquire the Fox Hill Apartments, a 288-unit Class A apartment community in Austin, Texas (“Fox Hill”). The Company’s board of directors approved the acquisition earlier this month.
The Company expects to make...
New York, NY (March 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 8.6% based on the closing...
New York, NY (February 26, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”) announced today its financial results for the quarter and year ended December 31, 2014.
Highlights
• Adjusted funds from operations (“AFFO”) per share grew to $0.19 per share for the fourth quarter of 2014 from a deficit of ($0.52) per share for the fourth quarter...
New York, NY (February 13, 2015) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that it plans to release its financial results for the fourth quarter and full year ended December 31, 2014 before the market opens on Thursday, February 26, 2015. The Company will host a conference call to discuss its financial results on...
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BRG’s Series B Preferred Stock & Warrants
This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. An offering is made only by the prospectus supplement and the accompanying prospectus. The contents of this webpage and advertising literature must be read in conjunction with the prospectus supplement and the accompanying prospectus in order to understand fully all of the implications and risks of the offering of securities to which it relates. A copy of the prospectus supplement and the accompany prospectus must be made available to you in connection with the offering. Neither the attorney general of the state of New York nor any other state regulators has passed on or endorsed the merits of the offering. Any representation to the contrary is unlawful.
The security investment described herein relates solely to BRG’s Series B Preferred Stock, a non-traded security of BRG which has not been listed on any national exchange. The risks and rewards of investing in the Series B Preferred Shares are separate and distinct from an investment in BRG’s common stock listed on the NYSE American.
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