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...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”) today announced guidance for Adjusted Funds from Operations (“AFFO”) and certain financial components for the third and fourth quarters of 2014.   View Table The Company's guidance is based on a number of assumptions, many of which are outside the Company's control and are subject to change. The Company’s...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”) today announced its financial results for the quarter ended June 30, 2014. Management Commentary “With the completion of our IPO, we have been able to expand our asset base significantly with what we believe to be accretive transactions both from an AFFO and NAV point of view....

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that it has issued a monthly cash dividend of 0.096667 per share on the Company’s Class A and Class B common stock. The Company’s monthly dividend payments to shareholders represent an annualized dividend yield of 10.0% based on the closing price of $11.61 for the...

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 second quarter ended June 30, 2014 after market close on Wednesday, August 13, 2014. The Company will host a conference call to discuss its financial results on Thursday, August 14, 2014 at 10:00 AM...

New York, NY – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company” or “BRG”), today announced it has made a preferred equity investment in a 296-unit Class A apartment community in Orlando, Florida. The project, located in close proximity to the University of Central Florida and Central Florida Research Park, will be a featured component of a master-planned,...

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 third 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) (“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...