Company: BHM
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001104659-25-107769
Chunk: 81

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-06
Form: 424B3
Chunk 81
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ings                             
 of $88.3 million on mortgages payable; |

| ● | $72.4                                                   
 million of contributions from noncontrolling interests; |

| ● | proceeds                                                             
 of $42.0 million from borrowings on revolving credit facilities; and |

| ● | net                                                                                           
 proceeds of $32.3 million from the issuance of shares of Series A Preferred Stock; offset by: |

| ● | $81.0                                                 
 million of repayments on revolving credit facilities; |

| ● | $6.5                                                          
 million of cash distributions paid to preferred stockholders; |

| ● | $4.9                                        
 million of repayments on mortgages payable; |

| ● | $3.6                                 
 million in deferred financing costs; |

| ● | $2.3                                                  
 million of distributions to noncontrolling interests; |

| ● | $1.2                                                                              
 million of distributions to partially owned properties’ noncontrolling interests; |

| ● | $1.1                                                                     
 million used in the purchase of interests from noncontrolling interests; |

| ● | $1.0                                                           
 million of cash distributions paid to common stockholders; and |

| ● | $0.6                                                         
 million paid for the redemption of Series A Preferred Stock. |

Capital Expenditures The following table summarizes our total capital expenditures for the nine months ended September 30, 2025 and 2024 (amounts in thousands):

| ​                                       | ​ |             ​ |      ​ | ​ |    ​ |     ​ |
| ​                                       | ​ |          Nine 
  Months Ended |        |   |      |       |
| ​                                       | ​ | September 30, |        |   |      |       |
| ​                                       |   |          2025 |        |   | 2024 |       |
| New development                         | ​ |             $ |  6,035 | ​ |    $ |   346 |
| Redevelopment/renovations               | ​ |             ​ |  4,203 | ​ |    ​ | 2,222 |
| Routine capital expenditures            | ​ |             ​ |  3,132 | ​ |    ​ | 2,939 |
| Normally recurring capital expenditures | ​ |             ​ |    875 | ​ |    ​ |   470 |
| Total capital expenditures              | ​ |             $ | 14,245 | ​ |    $ | 5,977 |

New development represents the