Bluerock Residential shares soar 75% after Blackstone agrees to $3.6B deal

Dec. 20, 2021 9:23 AM ETBluerock Residential Growth REIT, Inc. (BRG), BX, BHMBy: Max Gottlich, SA News Editor33 Comments

House models and one with REIT real estate investment trust.

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  • Shares of Bluerock Residential Growth REIT (NYSE:BRG) surge more than 70% in pre-market trading after the company agrees to be sold to private equity giant Blackstone (NYSE:BX) in a $3.6B deal.
  • Specifically, Blackstone (BX) will buy

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