X0206 3 2013-04-30 0 0001442626 Bluerock Multifamily Growth REIT, Inc. NONE 0001111908 KAMFAR RAMIN 712 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10019 1 0 0 0 Bluerock Multifamily Growth REIT, Inc. Common Stock 23089 I Through BER Holdings, LLC Convertible Stock Common Stock I Through BER Holdings, LLC Restricted stock grants vest 20% at grant date and 20% on each anniversary thereafter for four years from date of grant. Restricted stock grants may also receive distributions. These reported securities are directly owned by BER Holdings, LLC and indirectly by Mr. Kamfar as owner of BER Holdings, LLC. These reported securities shall become convertible pursuant to the terms of the agreement. There is no expiration date on these outstanding reportable securities becoming convertible. Amount of underlying shares of common stock convertible for the 1,000 shares of these reported securities will be determined at the time of conversion pursuant to the terms of the convertible shares. Conversion value of the derivative security will be determined at the time of conversion pursuant to the terms of the convertible shares. Remarks: Exhibit List: Exhibit 24 - Power of Attorney /s/ Amy Morgan, Attorney-in-fact 2013-04-30