Bluerock Residential Growth REIT Inc (BRG) 2015年年度报告「NYSE」.pdf

1、Bluerock Residential Growth REIT is now listed on the NYSE MKT Ticker:BRG2015 Annual Report Continued on page 2Letter from the CEOTo Our Shareholders:2015 was a productive year for Bluerock Residential Growth REIT(“BRG”)with tremendous activity on the acquisition and capital sides of the business.We

2、 completed three successful public offerings,in January,May and October of 2015 that,combined,raised net proceeds of over$200 million.These enabled us to grow both our real estate portfolio and by extension,our Adjusted Funds from Operations(AFFO)significantly.By year end,total assets had doubled,gr

3、owing to approximately$703 million from$346 million in 2014.We acquired 14 properties and made additional investments in three existing properties,increasing and streamlining our ownership in these properties to over 90%.Our multifamily unit count grew 75%relative to the year prior,rising to 6,449 u

4、nits from 3,680 units at December 31,2014,including units under development.AFFO attributable to common stockholders for the full year 2015 was$13.4 million,up from$3.2 million in 2014.On a per-share basis,AFFO attributable to common stockholders for 2015 was$0.77,up from$0.60 per share for the prio

5、r year.Net income attributable to common stockholders for 2015 was$0.6 million,as compared to net loss of($5.2)million for 2014.2015 Highlights:17 Investments by BRG,New Capital FormationExpanding the REITs Sources of Capital:Series A Cumulative Redeemable Preferred SharesWe remain focused on expand

6、ing opportunities for capital formation and on building our institutional shareholder base to support the continued,accretive growth that has characterized the REIT since our IPO.In support of this goal,we completed a fully-underwritten public offering of 2.875 million shares of 8.250%Series A Cumul