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BRIEF-Bluerock Residential Growth REIT acquires property for $55.25 mln
October 24, 2017 / 7:30 PM / 2 months ago

BRIEF-Bluerock Residential Growth REIT acquires property for $55.25 mln

Oct 24 (Reuters) - Bluerock Residential Growth Reit Inc :

* Acquires 336-unit Citrus Tower property in High-Growth Clermont, Fl

* REIT acquired property for a total purchase price of approximately $55.25 million​

* Transaction was financed with a senior loan in amount of approximately $41.4 million at an interest rate of 4.07%​ Source text for Eikon: Further company coverage:

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