Bluerock Residential Growth REIT (BRG) Tops Q2 EPS by 10c
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Bluerock Residential Growth REIT Announces Second Quarter 2017 Results
August 8, 2017 8:30 AM EDTNEW YORK, Aug. 8, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) ("the Company") announced today its financial results for the quarter ended June 30, 2017.
Highlights
Total revenues grew 47% to $27.0 million for the quarter from $18.4 million for the prior year quarter primarily as a result of significant investment activity in the past year, offset by the sales of four properties in 2017 and one in 2016. Net income attributable to common stockholders for the second quarter of 2017 was $0.67 per share, as compared to net loss... More