Company: BHM
Filing Date: 2025-01-16
Form Type: 8-K/A
Source: 0001104659-25-004088
Chunk: 14

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-01-16
Form: 8-K/A
Chunk 14
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center'>See Notes to Unaudited Pro Forma Condensed Consolidated
Balance Sheet

BLUEROCK HOMES TRUST, INC.

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET

AS OF SEPTEMBER 30, 2024</div>

| (a) | Historical consolidated financial information derived from the Company’s Quarterly Report on Form 10-Q as of September 30, 2024.                                                                                                                                                                                                                                                                                                                                                                                                                          |
|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | The acquisition of a 100% ownership interest in Amira at Westly for a purchase price of $103.0 million, which the Company consolidated on its balance sheet. The Company recorded the following associated with the acquisition of Amira at Westly: (i) a $56.7 million senior loan, and (ii) borrowings of $36.0 million through a credit facility entered into with KeyBank National Association (the “KeyBank Credit Facility”). The carrying value of the senior loan includes ($2.0) million of deferred financing costs related to the acquisition. |

<div align='center'>BLUEROCK HOMES TRUST, INC.

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2024

(In thousands, except share and per share amounts)</div>

| Revenues                                                    |     | Bluerock Homes 
 Trust, Inc.    
 Historical     
 (a)            |           |   |     | Pro Forma Adjustments 
 Amira                 
 at Westly             
 (b)                   |        |   |    |     | Pro Forma 
 Total     |           |   |
|:------------------------------------------------------------|:----|:---------------|----------:|:--|:----|:----------------------|-------:|:--|:---|:----|:----------|----------:|:--|
| Rental and other property revenues                          |     | $              |    34,670 |   |     | $                     |  7,925 |   |    |     | $         |    42,595 |   |
| Interest income from loan investments                       |     |                |     1,735 |   |     |                       |      — |   |    |     |           |     1,735 |   |
| Total