Phil Hempleman's hedge fund Ardsley Partners has filed a 13G with the SEC regarding shares of Bluerock Residential Growth REIT (BRG). Per the filing, Ardsley has revealed a 5% ownership stake in the company with 625,900 shares.
This is a newly disclosed equity position for the firm and the filing was made due to activity on April 6th.
You can view more recent portfolio activity from Ardsley Partners here.
Per Google Finance, Bluerock Residential Growth REIT is "a real estate investment trust (REIT). The Company is engaged in acquiring and developing a diversified portfolio of real estate. The Company also intends to acquire residential properties. The Company’s operations are managed by Bluerock Multifamily Advisor, LLC."
Tuesday, April 21, 2015
Ardsley Partners Starts Position in Bluerock Residential Growth REIT
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