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Bluerock Residential Growth REIT To Be Acquired By Affiliates of Blackstone Real Estate In $3.6 Billion Transaction

Bluerock Residential Growth REIT To Be Acquired By Affiliates of Blackstone Real Estate In $3.6 Billion Transaction Background Image

Vinson & Elkins served as special tax counsel to Bluerock Residential Growth REIT, Inc. (“BRG”) in connection with BRG’s acquisition by affiliates of Blackstone Real Estate, a transaction valued at $3.6 billion.

Prior to the acquisition, BRG will spin off its single-family rental business to its shareholders through the taxable distribution to shareholders of all of the outstanding shares of common stock of a newly formed real estate investment trust named Bluerock Homes Trust, Inc.

The V&E team was led by partner Chris Mangin, senior associate Paige Anderson and associate Christina McLeod.

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