Bluerock Residential Growth Rei (BRG) 13.32 $BRG
Bluerock Residential Growth REIT (BRG) Pays September Dividend
GlobeNewswire - Fri Sep 05, 8:46AM CDT
via PRWEB - The Company's monthly dividend payments to shareholders represent an annualized dividend yield of 8.3% based on the closing price of $13.92 for the Company's Class A common stock as of the end of day on September 4, 2014. This yield is subject to change.
Bluerock Residential Growth REIT Announces Guidance for AFFO and Certain Financial Components for Third and Fourth Quarters of 2014
GlobeNewswire - Tue Aug 26, 3:15PM CDT
via PRWEB - 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.
Bluerock Residential Growth REIT Releases Second Quarter 2014 Results
GlobeNewswire - Wed Aug 13, 6:07PM CDT
via PRWEB -
Bluerock Residential Growth REIT (BRG) Pays August Dividend
GlobeNewswire - Fri Aug 08, 4:18PM CDT
via PRWEB - 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 Company's Class A common stock as of the end of day on August 7th, 2014, which is subject to change.
Bluerock Residential Growth REIT (BRG) Announces Release Date of Second Quarter 2014 Earnings, Conference Call
GlobeNewswire - Fri Aug 08, 3:48PM CDT
via PRWEB - 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 (Eastern Time).
Bluerock Residential Growth REIT Acquires Interest in Orlando Development Project within Publix Master Planned Community
GlobeNewswire - Wed Jul 30, 7:06AM CDT
via PRWEB - BRG expects to invest up to $4 million of preferred equity with the ability to convert into a common equity position following stabilization of the development. Catalyst Development Partners, the developer, will contribute approximately 15% of the required equity. Affiliates of Bluerock Real Estate, LLC control the remaining equity in the development.
MacKenzie Realty Capital, Inc. Announces a Tender Offer for Class B Shares of Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG)
Marketwire - Fri Jul 25, 8:40AM CDT
MacKenzie Realty Capital, Inc. announced a tender offer for Class B Shares of Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG). MacKenzie Realty Capital, Inc. is offering to purchase up to 30,000 Class B-1, 30,000 Class B-2, and 30,000 Class B-3 Shares for $11.00, $10.00, and $9.00 per Share, respectively. The Class B Shares will convert to Class A Shares of Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) 360, 540, and 720 days following Bluerock Residential Growth REIT, Inc.'s initial public offering of Class A Shares on April 2, 2014.
Bluerock Residential Growth REIT (BRG) Announces Third Quarter 2014 Common Stock Dividends
GlobeNewswire - Wed Jul 16, 3:52AM CDT
via PRWEB - 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 Class B common stock.
BRG Closes Investment in Alexan CityCentre, a 340-Unit Class A Development in Houston; Announces Trammell Crow Residential as Development Partner
GlobeNewswire - Tue Jul 08, 5:58PM CDT
via PRWEB - BRG's underwriting projects a trended return on cost for the project of over 7.0% at stabilization, for value creation of 200 to 250 basis points versus sales of comparable multifamily communities in the Houston, Texas area at 4.5% - 5.0%, the Company said. The investment is forecast to generate a 15% AFFO yield during the development phase.
Bluerock Residential Growth REIT Announces Sale of Creekside Property, Appointment of Treasurer and Updates to Corporate Governance Documents
GlobeNewswire - Tue Apr 01, 3:48PM CDT
via PRWEB - The Creekside property was sold to SIR Creekside, LLC, an unaffiliated third party, for $18,875,000, subject to certain prorations and adjustments typical in a real estate transaction. After deduction for payment of the existing mortgage indebtedness encumbering the Creekside property in the approximate amount of $13.5 million and payment of closing costs and fees, excluding disposition fees of approximately $69,946 deferred by the Company's former advisor, the sale of the Creekside property generated net proceeds to the Company of approximately $1.2 million based on its proportionate ownership therein.
Bluerock Residential Growth REIT (BRG) Prices Public Offering at $14.50 per Share
GlobeNewswire - Fri Mar 28, 11:34AM CDT
via PRWEB - The offering is expected to close on April 2, 2014. The Company has granted the underwriters a 30-day option to purchase up to an additional 517,241 shares to cover overallotments, if any.
Bluerock Residential Growth REIT (BRG) Pays September Dividend
GlobeNewswire - Fri Sep 05, 8:46AM CDT
via PRWEB - The Company's monthly dividend payments to shareholders represent an annualized dividend yield of 8.3% based on the closing price of $13.92 for the Company's Class A common stock as of the end of day on September 4, 2014. This yield is subject to change.
Bluerock Residential Growth REIT Announces Guidance for AFFO and Certain Financial Components for Third and Fourth Quarters of 2014
GlobeNewswire - Tue Aug 26, 3:15PM CDT
via PRWEB - 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. Bluerock Residential Growth REIT Releases Second Quarter 2014 Results
GlobeNewswire - Wed Aug 13, 6:07PM CDT
via PRWEB -
Bluerock Residential Growth REIT (BRG) Pays August Dividend
GlobeNewswire - Fri Aug 08, 4:18PM CDT
via PRWEB - 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 Company's Class A common stock as of the end of day on August 7th, 2014, which is subject to change.
Bluerock Residential Growth REIT (BRG) Announces Release Date of Second Quarter 2014 Earnings, Conference Call
GlobeNewswire - Fri Aug 08, 3:48PM CDT
via PRWEB - 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 (Eastern Time). Bluerock Residential Growth REIT Acquires Interest in Orlando Development Project within Publix Master Planned Community
GlobeNewswire - Wed Jul 30, 7:06AM CDT
via PRWEB - BRG expects to invest up to $4 million of preferred equity with the ability to convert into a common equity position following stabilization of the development. Catalyst Development Partners, the developer, will contribute approximately 15% of the required equity. Affiliates of Bluerock Real Estate, LLC control the remaining equity in the development.
MacKenzie Realty Capital, Inc. Announces a Tender Offer for Class B Shares of Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG)
Marketwire - Fri Jul 25, 8:40AM CDT
MacKenzie Realty Capital, Inc. announced a tender offer for Class B Shares of Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG). MacKenzie Realty Capital, Inc. is offering to purchase up to 30,000 Class B-1, 30,000 Class B-2, and 30,000 Class B-3 Shares for $11.00, $10.00, and $9.00 per Share, respectively. The Class B Shares will convert to Class A Shares of Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) 360, 540, and 720 days following Bluerock Residential Growth REIT, Inc.'s initial public offering of Class A Shares on April 2, 2014.
Bluerock Residential Growth REIT (BRG) Announces Third Quarter 2014 Common Stock Dividends
GlobeNewswire - Wed Jul 16, 3:52AM CDT
via PRWEB - 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 Class B common stock. BRG Closes Investment in Alexan CityCentre, a 340-Unit Class A Development in Houston; Announces Trammell Crow Residential as Development Partner
GlobeNewswire - Tue Jul 08, 5:58PM CDT
via PRWEB - BRG's underwriting projects a trended return on cost for the project of over 7.0% at stabilization, for value creation of 200 to 250 basis points versus sales of comparable multifamily communities in the Houston, Texas area at 4.5% - 5.0%, the Company said. The investment is forecast to generate a 15% AFFO yield during the development phase.
Bluerock Residential Growth REIT Announces Sale of Creekside Property, Appointment of Treasurer and Updates to Corporate Governance Documents
GlobeNewswire - Tue Apr 01, 3:48PM CDT
via PRWEB - The Creekside property was sold to SIR Creekside, LLC, an unaffiliated third party, for $18,875,000, subject to certain prorations and adjustments typical in a real estate transaction. After deduction for payment of the existing mortgage indebtedness encumbering the Creekside property in the approximate amount of $13.5 million and payment of closing costs and fees, excluding disposition fees of approximately $69,946 deferred by the Company's former advisor, the sale of the Creekside property generated net proceeds to the Company of approximately $1.2 million based on its proportionate ownership therein.
Bluerock Residential Growth REIT (BRG) Prices Public Offering at $14.50 per Share
GlobeNewswire - Fri Mar 28, 11:34AM CDT
via PRWEB - The offering is expected to close on April 2, 2014. The Company has granted the underwriters a 30-day option to purchase up to an additional 517,241 shares to cover overallotments, if any.
