Bluerock Homes Trust, Inc.

Bluerock Homes Trust, Inc. (NYSE American: BHT) operates as a real estate investment trust focused on acquiring, owning, and managing residential properties across growth markets in the United States. The company's website is www.bluerockhomes.com.

The company maintains a diversified portfolio of residential real estate investments consisting of both residential communities and scattered single-family homes. As of December 31, 2025, Bluerock Homes held twenty-five real estate investments comprising 5,572 residential units across consolidated and preferred equity positions. The consolidated operating portfolio maintained approximately 90.9% occupancy, with 93.0% occupancy when excluding units held for sale and those undergoing renovation or development.

Bluerock Homes operates through two primary reportable segments. The residential communities segment encompasses the acquisition, ownership, management, renovation, construction, and development of multifamily properties including apartments, townhouses, duplexes, and detached single-family home communities, typically featuring onsite amenities and professional management. The scattered single-family homes segment focuses on ownership, management, and renovation of individual detached residential properties without onsite management infrastructure.

The company's investment strategy emphasizes value creation through income generation and appreciation potential in demographically attractive knowledge economy growth markets, primarily concentrated in the Sunbelt and Western United States. Key operational approaches include value-add renovations to drive rental growth and margin expansion, development investments through build-to-rent communities, institutional property management leveraging technology platforms, and selective capital harvesting and redeployment.

Bluerock Homes is externally managed by Bluerock Homes Manager, LLC under a management agreement, with no direct employees. The company conducts substantially all business through its Operating Partnership, Bluerock Residential Holdings, L.P., of which it serves as sole general partner. The company qualifies as a REIT for federal income tax purposes and maintains a distribution policy requiring annual distribution of at least 90% of REIT taxable income to stockholders. The company also operates a Delaware Statutory Trust program enabling capital raising through private placements of residential property investments.