Bluerock Residential Growth REIT

Overview

Bluerock Residential Growth REIT is a real estate investment trust that specializes in acquiring and managing Class A apartment properties in demographically attractive growth markets across the United States. The company's objective is to maximize long-term stockholder value by investing in properties with clear potential for substantial growth. Bluerock Residential Growth REIT partners as majority owners with leading regional owner/operators to improve properties and operations, aiming to grow funds from operations (FFO) and net asset value (NAV). This strategy provides access to critical local market knowledge, relationship capital, and operational infrastructure, ensuring that the interests of on-site managers are aligned with those of investors. The company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. Bluerock Residential Growth REIT is included in the Russell 2000 and Russell 3000 Indexes. The company's portfolio includes assets in excess of $1.9 billion and more than 13,500 apartment units. Bluerock Residential Growth REIT was acquired by Blackstone Group for $3.6 billion on December 20, 2021. The company's stock was delisted from the New York Stock Exchange and is no longer publicly traded.

Investment Focus

• Institutional investors
• Accredited investors