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Bluerock Residential Growth REIT Weighs Sale or Recapitalization

September 20, 2021

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.

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Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

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