Bluerock Residential Growth REIT, Inc. (BRG)

[SPORTSPROPHET]

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on the Company's 8.250% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") for the third quarter of 2016, in the amount of $0.515625 per share (the "Series A Preferred Dividend"). In addition, the Company has declared a pro rata cash dividend on its 7.625% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") for the period from and including the original issue date of July 19, 2016 to and including September 30, 2016, in the amount of $0.39184 per share (the "Series C Preferred Dividend").

The Series A Preferred Dividend will be payable in cash on Wednesday, October 5, 2016 to Series A Preferred stockholders of record as of Friday, September 23, 2016. The Series C Preferred Dividend will be payable in cash on Wednesday, October 5, 2016 to Series C Preferred stockholders of record as of Friday, September 23, 2016.