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BRIEF-Bluerock residential growth reit announces new $150 mln secured credit facility
October 11, 2017 / 3:49 PM / 2 months ago

BRIEF-Bluerock residential growth reit announces new $150 mln secured credit facility

Oct 11 (Reuters) - Bluerock Residential Growth Reit Inc

* BLUEROCK RESIDENTIAL GROWTH REIT (BRG) ANNOUNCES NEW $150 MILLION SECURED CREDIT FACILITY

* ‍FACILITY PROVIDES AN ACCORDION FEATURE THAT ALLOWS FOR INCREASED BORROWING CAPACITY OF UP TO $250 MILLION​

* PLANS TO UTILIZE FACILITY TO FUND FUTURE ACQUISITIONS, INCLUDING 2 PROPERTIES CURRENTLY UNDER AGREEMENT, EXPECTED TO CLOSE IN Q4 OF 2017​ Source text for Eikon: Further company coverage:

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