– Bluerock Residential Growth REIT, Inc. (the “Company”) announced today that it intends to redeem 1,393,294 shares of its 8.250% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), representing approximately 25% of the total outstanding shares of Series A Preferred Stock, on October 21, 2020 (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 $0.120313 per share, for total proceeds of $25.120313 per share (the “Redemption Price”). Payment of the Redemption Price will be made in cash. As previously announced, on October 5, 2020, the Company will pay the cash dividend on the Series A Preferred Stock of $0.515625 for the period from July 1, 2020 to September 30, 2020 to each holder of record on September 25, 2020. Such payment will be separate and distinct from the payment of the Redemption Price.