Bluerock Residential Growth REIT Announces Redemption of 8.250% Series A Cumulative Redeemable Preferred Stock NEW YORK , Jan. 27, 2021 |PRNewswire| -- Bluerock Residential Growth REIT, Inc. (the "Company") announced today that it intends to redeem all outstanding shares of its 8.250% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") on February 26, 2021 (the "Redemption Date"). The shares of Series A Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends up to, and including, the Redemption Date in an amount equal to $0.320833 per share, for total proceeds of $25.320833 per share (the "Redemption Price"). Payment of the Redemption Price will be made in cash. Dividends on the shares of Series A Preferred Stock that are to be redeemed will cease to accrue on the Redemption Date. Upon redemption, the redeemed shares of Series A Preferred Stock will no longer be outstanding, and all rights of the holders of such shares will terminate, … Full story available on Benzinga.com