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Bluerock Residential Growth REIT, Inc. provided a second quarter update on rent collections and occupancy.<\/p>\n
Rent Collections and Occupancy<\/strong><\/p>\n On a preliminary basis, for the second quarter of 2020, the Company reported rent collections from its multifamily properties of 97%, including payment plans of 1%.<\/p>\n The Company’s operating portfolio occupancy at June 30, 2020<\/span> increased month-over-month from 94% to approximately 95%.<\/p>\n The Company’s continued stability is attributable to several factors, including the focus on knowledge economy markets, primarily in the south and west, the strategy to own Class A affordable luxury apartment communities, and a tenancy targeted towards knowledge economy renters by choice, including those employed in health care, technology, education, sciences, and finance, a demographic often characterized by healthier, more stable, wage-to-rent ratios.<\/p>\n Earnings Conference Call<\/strong><\/p>\n Bluerock Residential Growth REIT, Inc. will release its financial results for the second quarter ended June 30, 2020<\/span> before the market opens on Monday, August 10, 2020<\/span>. The Company will host a conference call to discuss its financial results on Monday, August 10, 2020<\/span> at 11:00 AM (Eastern Time)<\/span>. The call will include prepared remarks by management as well as a question and answer session.<\/p>\n Conference Call Details<\/strong><\/p>\n Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed at any time, including up to and after the call start time, by accessing http:\/\/dpregister.com\/10146336. <\/p>\n Participants who would like to join the call but have not pre-registered can do so on the day of the event by dialing +1 (866) 843-0890 within the U.S., or +1 (412) 317-6597, and requesting the “Bluerock Residential Conference.” To submit a question to management during the call, participants must be logged in via telephone. Questions submitted in advance are welcome and may be sent via email to Josh Hoffman<\/span> at jhoffman@bluerockre.com.<\/p>\n Details for the Replay of the Conference Call<\/strong><\/p>\n The webcast will be available for replay on the Company’s website two hours after the call concludes, and will remain available through September 10, 2020<\/span>. The webcast replay will be accessible through https:\/\/services.choruscall.com\/links\/brg200810.html, as well as by dialing +1 (877) 344-7529 in the U.S., or +1 (412) 317-0088 internationally, and requesting conference number 10146336.<\/p>\n About Bluerock Residential Growth REIT, Inc. For more information, please visit the Company’s website at <\/strong>www.bluerockresidential.com. <\/strong><\/p>\n Tags:<\/b> https:\/\/bluerockresidential.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
<\/strong>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 to 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.<\/p>\nSee Campaign: <\/strong>https:\/\/bluerockresidential.com<\/a>
Contact Information:<\/b>
https:\/\/bluerockresidential.com<\/p>\n
<\/a>, Wire<\/a>, Wire Real Estate<\/a>, United States<\/a>, English<\/a><\/p>\n<\/div>\n
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Bluerock Residential Growth REIT, Inc. provided a second quarter update on rent collections and occupancy. Rent Collections and Occupancy On a preliminary basis, for the second quarter of 2020, the Company reported rent collections from its multifamily properties of 97%, including payment plans of 1%. The Company’s operating portfolio occupancy at June 30, 2020 increased month-over-month from … Continue reading Bluerock Residential Growth REIT (BRG) Provides Update on Rent Collections and Schedules Second Quarter 2020 Earnings – Conference Call Set for August 10<\/span><\/a> Continue Reading