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Bluerock Residential Growth to sell 2,639,517 shares in public offer
Class A common shares sold by bookrunner Wunderlich Securities
By Devika Patel
Knoxville, Tenn., Sept. 29 – Bluerock Residential Growth REIT, Inc. will sell 2,639,517 class A common shares in its public offering with a 30-day greenshoe of 395,927 additional shares, according to a Form S-11/A filed Monday with the Securities and Exchange Commission. The deal was announced Sept. 16.
Wunderlich Securities is the bookrunning manager. BB&T Capital Markets, Compass Point, D.A. Davidson & Co., Janney Montgomery Scott LLC and Oppenheimer & Co. are the co-lead managers, and Boenning & Scattergood, Inc. and National Securities Corp. are the co-managers.
Proceeds will be used for acquisitions and other general corporate and working capital purposes.
The real estate investment trust is based in New York.
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