Bluerock Residential REIT prices IPO at $14.50

Comment

Shutterstock photo

Bluerock Residential Growth REIT, which owns nine apartment properties in the southeastern US, raised $48 million by offering 3.3 million shares at $14.50, below the expected $15.00 price. Bluerock Residential Growth REIT plans to list on the NYSE under the symbol BRG. Wunderlich Securities acted as the lead manager on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , IPOs


More from Renaissance Capital

Subscribe






Renaissance Capital
Contributor:

Renaissance Capital

IPOs
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com