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Bluerock Residential Growth Pays $44.8 Million for Class A Apartment Community in Charlotte

Catalyst Development Partners, H. Katz Capital Group Sells Ashton Reserve I
By Ashley Lynn Fice
August 20, 2015 | 7:30 P.M.

New York City-based Bluerock Residential Growth (NYSE: BRG) acquired Ashton Reserve I in Charlotte, NC from Catalyst Development Partners and H. Katz Capital Group in an off-market transaction for $44.75 million, or about $139,000 per unit.

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