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.
Ramin Kamfar, Chairman and CEO of Bluerock Homes Trust, Inc. (BHM), received 11,437 long-term incentive plan units ("LTIP Units") on 08/19/2025. The LTIP Units were issued in partial satisfaction of the Issuer's Base Management Fee to Bluerock Homes Manager, LLC and to reimburse Bluerock Real Estate Holdings, LLC for a portion of the Reporting Person's salary for the quarter ended June 30, 2025. The LTIP Units were fully vested upon issuance and may convert to OP Units upon reaching capital account equivalency, after which they may be redeemed for cash or, at the issuer's option and following a one-year holding period, settled one-for-one into shares of the Issuer's Class A common stock. Following the reported transaction, the Reporting Person beneficially owned 1,186,661 shares (direct).
Bluerock Homes Trust, Inc. reported that its board approved paying part of the Q2 2025 base management fee in long-term incentive plan units of its operating partnership (C-LTIP Units) instead of cash. The portion allocated to units was valued at $210,000. Under prior salary elections by its manager’s executives, the company directed most of these units to them.
On August 19, 2025, an aggregate of 16,012 C-LTIP Units were issued, with 11,437 units valued at $150,000 issued to Chief Executive Officer R. Ramin Kamfar and 4,575 units valued at $60,000 issued to President Jordan Ruddy, each representing 80.0% of their Q2 2025 base salaries from the manager’s affiliate. The units were fully vested, may convert into OP Units once capital accounts align, and can later 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 private-offering exemptions and were made to accredited investors with pre-existing relationships.
Bluerock Homes Trust, Inc. reported consolidated assets of $991.2 million and cash and restricted cash of $145.1 million at June 30, 2025. The company owns 21 investments representing 5,038 residential units (3,640 consolidated; 1,398 via preferred equity) and reported consolidated operating occupancy of 91.4% (93.2% excluding held-for-sale and down/renovation units).
For the six months ended June 30, 2025, Bluerock recorded a $13.156 million net loss, driven in part by higher depreciation and interest expense; net loss attributable to common stockholders was $5.013 million (basic loss per share $1.33). Activity included the $56.6 million acquisition of Southern Pines Reserve (272 units), a $25.0 million investment in the Marble Fund, repayment of loan investments totaling $31.7 million, redemption and sales of certain preferred equity investments, and net proceeds of $26.03 million from issuance of Series A redeemable preferred stock. Mortgages payable rose to $338.6 million from $252.8 million at year-end 2024. The company remains organized as a REIT.