Bluerock Homes Trust, Inc. filings document the formal disclosure record for an externally managed residential REIT with Class A common stock listed on NYSE American under BHM. The filings identify its Maryland corporation structure, operating partnership, external manager, common and redeemable preferred stock, and REIT-related equity and governance arrangements.
Recent disclosures include proxy materials for director elections and stockholder voting, Form 8-K reports on LTIP Unit grants, securities issued for services, share repurchase authorizations, preferred stock valuation, registration statement updates and completed property acquisition activity. They also record capital-structure details involving Class A and Class C common stock, Series A Redeemable Preferred Stock and operating partnership units.
Bluerock Homes Trust, Inc. files a Pre-Effective Amendment to its Form S-11 registering a maximum of 14,000,000 shares of Series B Redeemable Preferred Stock at a public offering price of $25.00 per share.
The prospectus shows initial gross proceeds of $350,000,000, estimated net proceeds of approximately $310.63 million, and a cumulative dividend on the Series B at an annual rate of 7.5%. Holders may require redemption at stated value (initially $25.00) subject to a declining redemption fee schedule (12% initially down to 0% after four years). The offering is non‑traded, with no exchange listing anticipated, and the company expects to conduct continuous sales through December 10, 2027, subject to extension.
Bluerock Homes Trust, Inc. updates investors on its leadership, board structure, ownership, compensation programs and related-party arrangements, and incorporates this information into its effective Form S-11 registration statement and 2025 Form 10-K.
The company is externally managed and paid its Manager a $10.5 million base management fee for 2025, plus $4.0 million of operating expense reimbursements and $0.6 million of direct expense reimbursements. Independent directors receive annual cash retainers of $50,000 and equity retainers of $75,000, with additional committee and leadership fees.
As of March 6, 2026, directors and named executive officers collectively beneficially owned 2,959,926 equivalent units of Class A and Class C common stock, OP Units and LTIP Units, representing 22.95% of total vested ownership units, while several institutional holders each owned more than 5% of Class A common stock. The filing also details equity incentive plan capacity, anti‑hedging and pledging policies, a clawback policy, and confirms Grant Thornton LLP as independent auditor with 2025 audit fees of $674,000.
Bluerock Homes Trust, Inc. Chairman and CEO Ramin Kamfar reported an open-market purchase of Class A common stock. He bought 5,707 shares on March 20, 2026 at a weighted average price of $10.97 per share, increasing his direct holdings to 59,224 shares. The trades were executed in multiple lots between $10.57 and $11.00.
Bluerock Homes Trust, Inc. Chairman and CEO Ramin Kamfar reported open-market purchases of a total of 25,798 shares of Class A common stock. He bought 22,727 shares on March 18, 2026 at a weighted average price of $10.97 per share and 3,071 shares on March 19, 2026 at a weighted average price of $10.68 per share.
After these transactions, Kamfar directly owns 53,517 shares. Each purchase was executed in multiple trades within disclosed price ranges, with the reported prices representing weighted averages for those trades.
Bluerock Homes Trust, Inc. is registering a maximum of 14,000,000 shares of Series B Redeemable Preferred Stock. The Series B has a Stated Value of $25.00 per share and an initial cumulative dividend rate of 7.5% per annum, payable as declared by the board. The offering contemplates gross proceeds of up to $350,000,000 at $25.00 per share and estimated net proceeds of approximately $310.63 million to the company, which the company intends to use for future investments, acquisitions, and general corporate purposes. The prospectus states the Series B will rank on parity with the Series A preferred stock and generally be non‑voting except for specified charter amendments and certain protective votes.
Bluerock Homes Trust Chairman and CEO Ramin Kamfar reported open-market purchases of Class A common stock. On March 3, 2026, he bought 25,000 shares at $11.65 per share, bringing his direct holdings to 27,719 shares.
Earlier, on December 12, 2025, he made three smaller open-market purchases totaling 700 shares at prices between $8.45 and $8.80 per share. Across these transactions, he acquired 25,700 shares in total, all as direct ownership.
Bluerock Homes Trust, Inc. filed a Prospectus Supplement that updates its registration statement and supplements the Prospectus with its Annual Report on February 27, 2026. The supplement incorporates the Form 10-K and should be read together with the Prospectus.
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 90.9% occupied (93.0% excluding held-for-sale and down/renovation units). The Form 10-K also describes the company’s REIT status, distribution policies for Series A and B preferred stock, and material risk factors.
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 February 27, 2026.
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 February 20, 2026, and reports an aggregate market value of Class A common stock held by non-affiliates of $50,839,325 as of June 30, 2025. The supplement is qualified by reference to the Prospectus and reiterates that investing involves significant risks described in the Prospectus and the attached 10-K.
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.