M&A - VINEBROOK HOMES TRUST, INC.

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Form Type: 8-K

Filing Date: 2025-07-01

Corporate Action: Acquisition

Type: New

Accession Number: 000143774925021744

Filing Summary: On June 25, 2025, VineBrook Homes Trust, Inc. announced the entry into a loan agreement for up to $500 million with JPMorgan Chase Bank. A portion of this funding, $13.7 million, was used for an acquisition of a 77-unit townhome community in Pensacola, Florida for $18.3 million. The loan facility is interest-only, matures on July 9, 2027, and has a potential extension option. The company has guaranteed various terms within the loan agreement, including adherence to financial covenants and debt yield thresholds. The completion of the acquisition was reported in conjunction with this financing arrangement.

Additional details:

Loan Amount: 500000000


Amount Borrowed: 13700000


Acquisition Price: 18300000


Acquisition Location: Pensacola, Florida


Property Type: townhome community


Units Acquired: 77


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