Bluerock Residential Growth REIT Agrees to Invest in Class A 285-Unit Luxury Apartment Development Project in Atlanta

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) today announced that it has approved an investment of approximately $15.0 million in a joint venture to develop a Class A, 285-unit apartment community in Atlanta, Georgia, to be known as the Cheshire Bridge Apartments (“Cheshire Bridge”).