FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Tio Romano		 2. Issuer Name and Ticker or Trading Symbol

Bluerock Residential Growth REIT, Inc. [ BRG ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1345 AVENUE OF THE AMERICAS, 32ND FLOOR		 3. Date of Earliest Transaction (MM/DD/YYYY)

5/12/2022
(Street)

NEW YORK, NY 10105
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/12/2022  S  1210 (1)D$26.2500 26033.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/12/2022  S  213 (1)D$26.2600 25820.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/12/2022  S  877 (1)D$26.2700 24943.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/12/2022  P  800 A$26.0600 25743.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/12/2022  P  1400 A$26.0812 27143.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/19/2022  S  1202 (1)D$26.3500 25941.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/19/2022  S  133 (1)D$26.3550 25808.922 D  
Bluerock Residential Growth REIT, Inc. Class A Common Stock 5/19/2022  S  115 (1)D$26.3557 25693.922 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
(1) The sales reported in this Form 4 were made by a broker, without instruction by the reporting person, to satisfy a margin call by the broker.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Tio Romano
1345 AVENUE OF THE AMERICAS
32ND FLOOR
NEW YORK, NY 10105		X
Signatures
/s/ Christopher J. Vohs, Attorney-in-fact6/6/2022
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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