Bluerock Residential Growth REIT Announces Third Quarter 2017 Results
New York, NY (November 7, 2017) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“the Company”) announced today its financial results for the quarter ended September 30, 2017. Highlights Total revenues grew 46% to $30.1 million for the quarter from $20.6 million for the prior year quarter primarily as a result of significant investment activity in the past year,
Bluerock Residential Growth REIT (BRG) Internalizes Management; Streamlines Costs and Positions BRG for Next Phase of Growth
New York, NY (November 1, 2017) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”) today announced that it has successfully completed the internalization of its management pursuant to the previously announced Contribution and Sale Agreement with its former external manager, BRG Manager, LLC (the “Manager”). In conjunction with the internalization, BRG has acquired the assets used by the
Bluerock Residential Growth REIT (BRG) Third Quarter 2017 Earnings, Conference Call Set for November 7
New York, NY (October 30, 2017) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company” or “BRG”) will release its financial results for the third quarter ended September 30, 2017 before the market opens on Tuesday, November 7, 2017. The Company will host a conference call to discuss its financial results on Tuesday, November 7, 2017 at 11:00
Bluerock Residential Growth REIT Acquires Class A, 300-Unit Springs at Greystone Property in Birmingham, AL
New York, NY (October 27, 2017)– Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG,” “the REIT” or “the Company”) announced today that it has acquired the 300-unit multifamily community known as Springs at Greystone in Birmingham, Alabama (“Springs at Greystone”). The REIT acquired the property for a total purchase price of approximately $36.25 million, or approximately $121,000 per residential
Bluerock Residential Growth REIT Acquires 336-Unit Citrus Tower Property in High-Growth Clermont, FL
New York, NY (October 24, 2017) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”, the “REIT” or the “Company”) announced today that it has acquired the 336-unit multifamily community Citrus Tower (“Citrus Tower”) in Clermont, Florida. The REIT acquired the property for a total purchase price of approximately $55.25 million, or roughly $164,435 per residential unit. The
Total Income+ Real Estate Fund Achieves 5-Year Milestone: Delivering Higher Risk-Adjusted Returns than Leading Stock, Bond and REIT Indexes by Providing Unique Access to Leading Institutional Managers
New York, NY (October 24, 2017) – Bluerock’s Total Income+ Real Estate Fund (“TI+,” tickers: TIPRX, TIPPX, TIPWX, TIPLX) celebrated its five-year milestone on October 22. In the five years since inception, TI has delivered the highest risk adjusted returns (as measured by the Sharpe Ratio) compared to leading stock, bond, and REIT indexes by nearly four times1. TI+ provides
Bluerock Residential Growth REIT (BRG) Announces Fourth Quarter 2017 Common Stock and Series B Preferred Stock Dividends
New York, NY (October 13, 2017) – 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 on the Company’s Class A common stock (the “Class A Common Stock”) for the fourth quarter of 2017, equal to a quarterly rate of $0.29 per
Bluerock Residential Growth REIT (BRG) Announces New $150 Million Secured Credit Facility
New York, NY (October 11, 2017) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that it has closed on a $150 million senior secured credit facility (the “Facility”). The Facility provides an accordion feature that allows for increased borrowing capacity of up to $250 million. “We are pleased to implement our first credit facility, which
Bluerock Residential Growth REIT (BRG) Announces Termination of Two At Market Issuance Sales Agreements
New York, NY (October 4, 2017) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”) today announced that the Company terminated, effective as of September 30, 2017, the At Market Issuance Sales Agreement dated March 29, 2016, by and among, the Company, FBR Capital Markets & Co. (“FBR”), and MLV & Co. LLC, and the At Market Issuance
Total Income+ Real Estate Fund Announces 3Q Distribution at a 5.25% Annualized Distribution Rate
New York, NY (September 28, 2017) – Bluerock’s Total Income+ Real Estate Fund (“Fund” or “TI+,” tickers: TIPRX, TIPPX, TIPWX, TIPLX) has paid a third quarter distribution of $0.3882 per share, or 1.31% for the quarter, based on the share price of $29.58 for shareholders of record as of September 27, 2017 (A-shares). This distribution amount represents an annualized distribution

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