Welcome to our dedicated page for Bluerock Homes Trust SEC filings (Ticker: BHM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Bluerock Homes Trust, Inc. (BHM) SEC filings page brings together the company’s regulatory disclosures as a residential real estate investment trust (REIT) listed on the NYSE American. As an emerging growth company incorporated in Maryland, BHM files current reports, financial statements, and transaction-related documents that explain how it builds and finances its portfolio of single-family rentals, build-to-rent communities, and other residential properties.
Through its Forms 8-K and 8-K/A, Bluerock Homes Trust reports material events and acquisitions, such as the purchases of Southern Pines Reserve in Aberdeen, North Carolina, District at Parkview in Stone Mountain, Georgia, and Skytop Apartments in Cincinnati, Ohio. These filings often include descriptions of purchase structures, the use of Delaware statutory trusts, senior mortgage loans held by Fannie Mae, and borrowings under revolving credit facilities, as well as Rule 3-14 financial statements of revenues and certain operating expenses for acquired properties.
Filings also detail capital structure and equity activity. BHM discloses unregistered sales of equity securities, including long-term incentive plan units (C-LTIP Units and LTIP Units) of its operating partnership issued to its external manager, executives, and non-employee directors as part of base management fee arrangements or director compensation. These documents explain how such units may convert into operating partnership units and, subject to conditions and holding periods, into shares of Class A common stock, and how distribution equivalents are paid when common stock distributions are made.
Investors can review how Bluerock Homes Trust reports on its preferred stock and dividend practices. The company’s filings and related tax reporting information describe the 6.0% Series A Redeemable Preferred Stock, associated regular and special dividends, and the classification of distributions among ordinary income, capital gains, and return of capital for federal income tax purposes. Additional disclosures cover the Series A Preferred Stock Redemption Safeguard Policy and the authorization of a share repurchase plan for Class A common stock.
For broader financial context, BHM’s SEC documents include pro forma condensed consolidated financial statements that reflect the impact of significant acquisitions and investments, such as the Marble Capital Income and Impact Fund, LP limited partnership interest. These pro forma statements help readers understand how new investments and property acquisitions might affect the company’s balance sheet and results of operations. With real-time access to these filings and AI-powered summaries that highlight key items—such as acquisition terms, financing structures, equity issuances, and dividend-related disclosures—this page offers a structured way to analyze Bluerock Homes Trust’s regulatory reporting and capital decisions.
Bluerock Homes Trust, Inc. filed a Prospectus Supplement that updates its registration statement and supplements the Prospectus with its Annual Report on
As disclosed in the attached Form 10-K, as of December 31, 2025 the company held 25 real estate investments totaling an aggregate of 5,572 residential units, including 4,423 consolidated units (with 370 units under development or lease-up). Consolidated operating investments were approximately
Bluerock Homes Trust, Inc. files a Prospectus Supplement No. 4 that updates its registration statement by attaching its Annual Report on Form 10-K filed with the SEC on
The supplement amends the Prospectus dated April 9, 2025 (and prior supplements) and directs readers to the Risk Factors and Management’s Discussion and Analysis contained in the attached Form 10-K. The 10-K discloses that shares outstanding were 4,047,114 Class A and 8,489 Class C as of
Bluerock Homes Trust, Inc. is a Maryland-based residential REIT focused on institutional-quality rental housing in growth markets, primarily the Sunbelt and Western U.S. It is externally managed and conducts most operations through its operating partnership.
As of December 31, 2025, the company held 25 real estate investments totaling 5,572 residential units, including 4,423 consolidated units and 1,149 units via preferred equity interests. Consolidated operating investments were 90.9% occupied, or 93.0% excluding held-for-sale and renovation units.
Bluerock targets apartments, build‑to‑rent communities, scattered single‑family homes and other residential communities, emphasizing high disposable income renters, job-growth markets, and value‑add "Live/Work/Play" amenity strategies. It selectively sells assets to recycle capital into higher-opportunity investments.
The company has elected and currently qualifies as a REIT, which generally avoids corporate income tax if at least 90% of REIT taxable income is distributed. In 2025, common shareholders received an annual dividend of $0.50 per share, paid quarterly. Series A preferred stock pays a base 6.0% rate on a $25 liquidation preference plus an enhanced SOFR-based component (6.5%–8.5% annual range), while Series B preferred pays 7.5% annually on the same base, both in monthly cash dividends.
The filing highlights extensive risk factors, including inflation, interest-rate movements, construction and development risk, geographic concentration, legislative changes affecting institutional single‑family ownership, HOA restrictions, tenant credit risk, short lease terms, climate and environmental regulation, and potential constraints under the Investment Company Act.
Bluerock Homes Trust, Inc. reported that its board approved paying part of the Q4 2025 base management fee to its external manager in long-term incentive plan units of its operating partnership, called C‑LTIP Units, instead of entirely in cash.
The manager calculated that 22,252 Q4 Base Management Fee C‑LTIP Units, valued at $210,000, would be issued for Q4 2025. Under prior salary elections by the manager’s executives, the company caused the operating partnership to issue 15,894 C‑LTIP Units to CEO R. Ramin Kamfar and 6,358 C‑LTIP Units to President Jordan Ruddy on February 18, 2026, in lieu of cash reimbursement for 80% of their Q4 2025 base salaries.
The units were fully vested at issuance, may convert into operating partnership units once capital accounts are equivalent, and can then be redeemed for cash or, at the company’s option after a one‑year holding period, settled in Class A common stock. The issuances relied on Section 4(a)(2) and Regulation D exemptions, and both executives are accredited investors.
Bluerock Homes Trust, Inc. reported that Chairman and CEO Ramin Kamfar acquired 15,894 LTIP Units at a price of $0.00 per unit. The fully vested award was issued as part of management fee and salary-related compensation and can ultimately be settled in Class A common stock on a one-for-one basis after required conditions.
Bluerock Homes Trust, Inc. President Ruddy Jordan B. received a grant of 6,358 LTIP Units as long-term incentive compensation. The award was recorded at a price of $0.00 per unit and increased his directly held LTIP Units to 206,652.
According to the disclosure, the LTIP Units were issued in partial satisfaction of the base management fee owed to Bluerock Homes Manager, LLC and as reimbursement for a portion of the reporting person’s salary for services as President of the Manager. The LTIP Units were fully vested upon issuance and may convert into OP Units, which can later be redeemed for cash or, after a one-year holding period and at the issuer’s option, settled in Class A common stock on a one-for-one basis.
Bluerock Homes Trust, Inc. has authorized a new share repurchase plan for up to
Repurchases are expected to be made through open market transactions, subject to market conditions, price limits and other conditions. The company states that purchases will follow the method, timing, price and volume requirements of Rule 10b-18 and remain subject to Rule 10b-5 under the Exchange Act.
Bluerock Homes Trust reported that its board has set an estimated value per share for its Series A redeemable preferred stock at $25.00 plus accreted dividends, as of September 30, 2025. This figure is intended primarily to help broker-dealers satisfy FINRA customer account statement rules.
The company engaged independent valuation firm Kroll, LLC to estimate the “as-is” market value of a 22‑investment residential real estate portfolio using primarily an income capitalization approach, supported by sales comparisons. Kroll’s analysis, combined with cash and other balance sheet items, indicated that the company’s adjusted portfolio equity substantially exceeds the Series A preferred stock liquidation value of approximately $152.2 million.
Based on this relationship, the board concluded that holders of the Series A preferred stock should use $25.00 plus accreted dividends as the estimated value per share. Bluerock emphasizes that this is a non‑GAAP, unaudited estimate, heavily dependent on valuation assumptions and not a guarantee of resale price, trading value, or ultimate liquidation proceeds.
Bluerock Homes Trust, Inc.Ruddy Jordan B. bought 265,000 OP Units on April 3, 2023, 18,772 OP Units on June 16, 2023, and 96,618 OP Units on October 12, 2023, increasing its holdings to 507,057 OP Units.
The OP Units are in Bluerock Residential Holdings, LP, where Bluerock Homes Trust is general partner. After a one‑year holding period, each OP Unit may be redeemed for cash or, at the issuer’s option, for one share of Class A common stock.
Bluerock Homes Trust, Inc. (BHM) received an amended Schedule 13G reporting a significant passive ownership position in its Class A common stock. As of December 31, 2025, individual investor Par Olof Sanda reports beneficial ownership of 570,749 Class A shares, representing 14.1% of that class.
The filing also shows that Sand Capital Associates, LLC, a Florida entity managed by Par Sanda, beneficially owns 504,922 Class A shares, equal to 12.5% of the class. The filer certifies the shares were not acquired to change or influence control of Bluerock Homes Trust, indicating a passive investment intent.