M&A - Bluerock Homes Trust, Inc.

Form Type: 8-K/A

Filing Date: 2025-07-08

Corporate Action: Acquisition

Type: Update

Accession Number: 000110465925066350

Filing Summary: On July 8, 2025, Bluerock Homes Trust, Inc. filed an amendment to its previous Form 8-K, dated April 25, 2025, which reported the acquisition of a limited partnership interest in Marble Capital Income and Impact Fund, LP (the 'Marble Fund'). This amendment provides additional financial statements and pro forma financial information that were not included in the initial report. The acquisition, referred to as the 'Marble Investment', involved a purchase price of $25 million. The current report includes audited consolidated financial statements for the Marble Fund, as of and for the years ending December 31, 2024, and December 31, 2023, as well as unaudited consolidated financial statements showing the financial position of Marble Fund as of March 31, 2025. Additionally, it includes pro forma financial reports demonstrating the Company’s performance after incorporating this acquisition, reflecting adjustments for the Marble Investment. The document discusses potential variances in actual results compared to these forward-looking statements, consistently citing risks associated with its operations and performance.

Form Type: 8-K/A

Filing Date: 2025-07-01

Corporate Action: Acquisition

Type: Update

Accession Number: 000110465925064664

Filing Summary: On May 1, 2025, Bluerock Homes Trust, Inc. filed an amended Current Report on Form 8-K/A regarding the acquisition of Southern Pines Reserve, a 272-unit residential community located in Aberdeen, North Carolina, for $56.6 million. The amendment includes financial statements of Southern Pines Reserve for the year ended December 31, 2024, and the three months ended March 31, 2025. The acquisition was executed through BHM DST Acquisitions, LLC, a wholly owned subsidiary. The report states the financial condition of Southern Pines Reserve, highlighting revenues, operating expenses, and adjustments due to a fire that resulted in the loss of eight units. Pro forma financial statements are included to reflect the impact of the acquisition on the overall financials of Bluerock Homes Trust, with necessary adjustments outlined.

Form Type: 8-K

Filing Date: 2025-04-17

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925035960

Filing Summary: On April 11, 2025, Bluerock Homes Trust, Inc. completed the disposition of its preferred equity investments in two projects: Indigo Cove and Wayford at Pringle. The Company, through its subsidiary BHM Preferred Holdings TRS, LLC, entered into a Contribution Agreement for each project. The Indigo Cove, an 82-unit development in South Carolina, was sold for approximately $4.18 million, while the Wayford at Pringle, a 102-unit townhome community in North Carolina, was sold for about $13.4 million. The sales were made to a Joint Venture with Bluerock Homes Manager, LLC, at amounts equal to the Company's funded amounts and accrued interest, factoring in a fee reimbursement for the Indigo Investment. These transactions are expected to impact the financial statements of the Company as reflected in the unaudited pro forma financials provided.

Form Type: 8-K

Filing Date: 2025-04-11

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925033980

Filing Summary: On April 8, 2025, Bluerock Homes Trust, Inc. entered into a Purchase and Sale Agreement (PSA) with Hawthorne Pines, LLC to acquire a 272-unit apartment complex known as Hawthorne at the Pines in Aberdeen, North Carolina. The total purchase price is approximately $56.6 million, with standard provisions typical in real estate transactions. The completion of the acquisition is anticipated on or before April 24, 2025, subject to certain conditions and a potential extension of up to 5 calendar days. The document also includes forward-looking statements regarding the expectations related to this acquisition.

Form Type: 8-K/A

Filing Date: 2025-01-16

Corporate Action: Acquisition

Type: Update

Accession Number: 000110465925004088

Filing Summary: On January 16, 2025, Bluerock Homes Trust, Inc. filed an 8-K/A to amend the earlier Form 8-K dated October 31, 2024. This amendment presents financial statements for Amira at Westly, an apartment complex acquired by the Company. The attached financial statements include the consolidated balance sheet, statement of operations, changes in partners' equity, and cash flows for the year ended December 31, 2023. Amira JV LP, the entity managing the property, reported total assets of approximately $76.5 million, with significant investments in real estate. The acquisition was strategically aimed at enhancing the Company's portfolio, with a focus on operational performance under the asset management of Amira at Westly.