New York, NY (April 19, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) announced today that it has commenced a public offering of its 8.250% Series A Cumulative Redeemable Preferred Stock. The Company expects to grant the underwriters a 30-day option to purchase additional shares to cover overallotments, if any.
The Company intends to use the net...
New York, NY (April 15, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that its Board of Directors has authorized and the Company has declared a monthly cash dividend on the Company's Series B Redeemable Preferred Stock (the “Series B Preferred Stock”) for the month of April 2016, in the amount of $5.00 per...
New York, NY (April 8, 2016) – 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 2016 equal to a quarterly rate of $0.29 per share on the Company's Class A common stock.
The monthly dividend on...
New York, NY (March 22, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”, the “REIT” or the “Company”) announced today that it has acquired the 340-unit Alexan Henderson Beach Apartments in Destin, Florida. BRG acquired the luxury property off market for a purchase price of $53.7 million, or approximately $158,000 per unit.
The acquisition is projected to yield...
New York, NY (March 15, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on the Company's 8.250% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) for the first quarter of 2016, in the amount of $0.515625...
New York, NY (March 7, 2016) – 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 10.49% based on the closing...
New York, NY (February 24, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”) announced today its financial results for the quarter ended December 31, 2015.
Highlights
Adjusted funds from operations attributable to common stockholders (“AFFO”) grew 153% to $4.3 million for the quarter from $1.7 million for the prior year quarter.
AFFO per share is $0.21 for...
New York, NY (February 23, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company” or “BRG”) today announced the termination of its continuous offering to sell up to 150,000 units (the “Units”) consisting of 150,000 shares of Series B preferred stock and warrants to purchase 3,000,000 shares of Class A common stock (the “Offering”) in order to address...
New York, NY (February 9, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company” or “BRG”) will release its financial results for the fourth quarter ended December 31, 2015 before the market opens on Wednesday, February 24, 2016. The Company will host a conference call to discuss its financial results on Wednesday, February 24, 2016 at 12:00...
New York, NY (February 5, 2016) – 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 11.35% based on the closing...
Thank you for your interest in
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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