On August 5, 2013, the board of directors of the Bluerock Multifamily Growth REIT, Inc. appointed Christopher J. Vohs, to serve as the Chief Accounting Officer of the company, until his successor is elected and qualifies or until his earlier death, resignation or removal. Since July 2010, Mr. Vohs has worked closely with Mr. Novack in his role as CFO of the company, and has served as the Chief Accounting Officer for Bluerock Real Estate, L.L.C., and for Bluerock Multifamily Advisor, L.L.C. On August 5, 2013, Jerold E. Novack notified the company of his resignation as Senior Vice President and Chief Financial Officer of the company, effective August 9, 2013. The resignation will allow Mr. Novack to further focus on his duties at Bluerock Real Estate, L.L.C. Mr. Novack remains as Chief Financial Officer and Senior Vice President Asset Management of Bluerock Real Estate L.L.C., and will remain available to assist Mr. Vohs in his role of Chief Accounting Officer of the company, as needed.