Bluerock Residential Growth REIT Weighs Sale or Recapitalization
September 20, 2021 | S&P Global Market Intelligence
Bluerock Residential Growth REIT Inc. hired an adviser as it weighs strategic options, including an outright sale or a recapitalization, Bloomberg News reported, citing sources with knowledge of the matter.
The multifamily real estate investment trust’s shares rose 10.23% to $11.96 as of 2:06 p.m. ET on Sept. 16, according to S&P Global Market Intelligence data.
A representative for the REIT did not comment on the matter, according to the report.