Recent Updates — BHM
The Board of Directors increased the number of directors from five to six and elected Michael L. Konig as an independent director to fill the vacancy, effective October 19, 2026. Mr. Konig was appointed to the Compensation Committee and the Nominating and Corporate Governance Committee. He brings over 30 years of legal and business experience, including prior senior roles at Bluerock Residential Growth REIT, Inc., where he served as Chief Legal Officer and Secretary until 2022. The company expects to enter into a standard indemnification agreement with Mr. Konog. Bluerock Homes Trust operates in the real estate investment trust sector, focusing on residential rental properties.
Bluerock Homes Trust completed the disposition of its interest in 31 single-family residential units within its ILE joint venture portfolio to unaffiliated third parties between January and October 2026. The aggregate sales price was approximately $6.6 million, yielding net proceeds of roughly $2.0 million after deducting existing mortgage paydowns and typical closing costs. Pro forma financial statements reflect the removal of these assets from the balance sheet and associated income statement impacts for the periods ended June 30, 2026, and December 31, 2025. The company operates in the single-family residential real estate investment trust sector.
On September 30, 2026, Bluerock Homes Trust completed the disposition of its interest in Lubbock-75, a portfolio of 75 single-family residential units located in Lubbock, Texas. The assets were sold to an unaffiliated third party for approximately $8.0 million. After accounting for typical closing costs, prorations, and adjustments, the company received net proceeds of approximately $7.3 million. Pro forma financial statements indicate a reduction in total assets of roughly $667,000 and a corresponding decrease in stockholders' equity of $504,000. Bluerock Homes Trust operates as a real estate investment trust focused on acquiring and managing single-family residential rental properties.
Bluerock Homes Trust issued 24,649 C-LTIP Units to executives R. Ramin Kamfar (17,606 units) and Jordan Ruddy (7,043 units) on August 13, 2026. These units satisfied a $210,000 portion of the Q2 2026 base management fee payable to Bluerock Homes Manager, LLC, aligning with prior salary elections by the executives. The units are fully vested and may convert to Operating Partnership units or redeem for cash or common stock after one year. This is a routine compensation arrangement under an existing management agreement. The company operates in the real estate investment trust sector, focusing on residential rental properties.
Bluerock Homes Trust completed the disposition of its interest in an additional 21 single-family residential units within its Ballast portfolio during the period of June 3 through August 11, 2026. The aggregate sales price for these units was approximately $7.1 million, resulting in net proceeds of approximately $6.4 million after closing costs and adjustments. This follows the earlier sale of 24 units between January 1 and June 2, 2026, bringing the total disposed to 45 units since the start of 2026. The filing includes pro forma financial statements adjusting for these dispositions as if they occurred on March 31, 2026, or earlier periods. Bluerock Homes Trust operates in the real estate investment trust sector, focusing on single-family residential rental properties.
Bluerock Homes Trust completed the disposition of its interest in an additional 26 single-family residential units within the Golden Pacific portfolio between May 28, 2026, and August 7, 2026. The aggregate sales price was approximately $7.2 million, yielding net proceeds of roughly $6.4 million after closing costs and adjustments. This follows the earlier sale of 35 units in the same portfolio during January through May 2026. The filing includes pro forma financial statements adjusting for these dispositions. Bluerock Homes Trust is a real estate investment trust that acquires, owns, and manages single-family residential rental properties.