Bluerock Residential Growth REIT, Inc. is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value add improvements to properties and operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
Company profile
Ticker
BRG
Exchange
Website
CEO
R. Ramin Kamfar
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Bluerock Enhanced Multifamily REIT, Inc., Bluerock Enhanced Multifamily Trust, Inc., Bluerock Enhanced Residential REIT, Inc., Bluerock Multifamily Growth REIT, Inc.
SEC CIK
Corporate docs
Subsidiaries
Bluerock REIT Holdings, LLC • Bluerock Residential Holdings, L.P. • BRG FNMA Shelf 1, LLC • BRG FNMA Shelf 2, LLC • BRG FNMA Shelf 3, LLC • BRG FNMA Shelf 4, LLC • BRG FNMA Shelf 5, LLC • BRG FNMA Shelf Manager, LLC • BRG FNMA Shelf Member, LLC • BR Windsor Falls, LLC ...
BRG stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
17 Oct 22
EFFECT
Notice of effectiveness
13 Oct 22
EFFECT
Notice of effectiveness
13 Oct 22
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Oct 22
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Oct 22
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Oct 22
25-NSE
Exchange delisting
6 Oct 22
25-NSE
Exchange delisting
6 Oct 22
25-NSE
Exchange delisting
6 Oct 22
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Oct 22
Transcripts
BRG
Earnings call transcript
2021 Q3
4 Nov 21
BRG
Earnings call transcript
2021 Q2
8 Aug 21
BRG
Earnings call transcript
2021 Q1
10 May 21
BRG
Earnings call transcript
2020 Q4
11 Feb 21
BRG
Earnings call transcript
2020 Q3
8 Nov 20
BRG
Earnings call transcript
2020 Q2
10 Aug 20
BRG
Earnings call transcript
2020 Q1
11 May 20
BRG
Earnings call transcript
2019 Q4
13 Feb 20
BRG
Earnings call transcript
2019 Q3
5 Nov 19
BRG
Earnings call transcript
2019 Q2
6 Aug 19
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Institutional ownership, Q3 2022
61.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 147 |
| Opened positions | 17 |
| Closed positions | 20 |
| Increased positions | 58 |
| Reduced positions | 51 |
| 13F shares | Current |
|---|---|
| Total value | 3.24 bn |
| Total shares | 18.65 mm |
| Total puts | 1.01 mm |
| Total calls | 20.70 k |
| Total put/call ratio | 49.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 2.95 mm | $78.81 mm |
| BLK Blackrock | 2.08 mm | $55.52 mm |
| GS Goldman Sachs | 910.14 k | $24.35 mm |
| Harbert Special Opportunity Fund | 825.37 k | $9.11 mm |
| Alpine Associates Management | 726.32 k | $19.43 mm |
| Millennium Management | 620.93 k | $16.61 mm |
| Geode Capital Management | 540.77 k | $14.47 mm |
| CSS | 502.75 k | $13.45 mm |
| Farallon Capital Management | 486.90 k | $13.03 mm |
| Balyasny Asset Management | 482.76 k | $12.91 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Oct 22 | Konig Michael L. | Class A Common Stock, Par Value $0.01 per share | Other | Dispose J | Yes | No | 24.25 | 938,085 | 22.75 mm | 0 |
| 6 Oct 22 | Tio Romano | Class A Common Stock, Par Value $0.01 per share | Other | Dispose J | No | No | 24.25 | 25,694 | 623.08 k | 0 |
| 6 Oct 22 | Majumder I. Bobby | Class A Common Stock, Par Value $0.01 per share | Other | Dispose J | No | No | 24.25 | 14,225 | 344.96 k | 0 |
| 6 Oct 22 | Babb James G. III | Class C Common Stock, Par Value $0.01 per share | Other | Dispose J | No | No | 24.25 | 10,916 | 264.71 k | 0 |
| 6 Oct 22 | Babb James G. III | Class A Common Stock, Par Value $0.01 per share | Other | Dispose J | No | No | 24.25 | 11,980 | 290.52 k | 0 |
| 5 Oct 22 | Tio Romano | LTIP Units Class A Common Stock | Other | Dispose J | No | No | 0 | 33,652 | 0.00 | 0 |
| 5 Oct 22 | Majumder I. Bobby | LTIP Units Class A Common Stock | Other | Dispose J | No | No | 0 | 33,652 | 0.00 | 0 |
| 5 Oct 22 | Elizabeth Scott Harrison | LTIP Units Class A Common Stock | Other | Dispose J | No | No | 0 | 28,054 | 0.00 | 0 |
| 5 Oct 22 | Babb James G. III | LTIP Units Class A Common Stock | Other | Dispose J | No | No | 0 | 516,694 | 0.00 | 0 |
| 5 Oct 22 | Babb James G. III | OP Units Class A Common Stock | Other | Dispose J | No | No | 0 | 633,250 | 0.00 | 0 |