Bluerock to redeem outstanding shares of 8.25% series A preferreds

By Taylor Fox

New York, Jan. 27 – Bluerock Residential Growth REIT, Inc. plans to redeem the remaining outstanding shares of its 8.25% series A cumulative redeemable preferred stock on Feb. 26, according to a news release.

The preferreds will be redeemed at a price of $25.00 per share, plus interest and unpaid dividends in an amount equal to $0.320833 per share, for a total redemption amount of $25.320833 per share.

Payments will be made in cash.

All shares are held in book-entry form and will be redeemed on a pro rata basis from the holders of record of such shares.

Computershare Trust Co., NA (800 546-5141) is the redemption agent.

Bluerock is a New York-based real estate investment trust.

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