Company: BHM
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001410578-25-001745
Chunk: 4

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1F
Chunk 4
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Item 1. Financial Statements

BLUEROCK HOMES TRUST, INC.

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share amounts)

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​​​​​​​​​(Unaudited)​​​​​June 30, ​December 31, ​    2025    2024ASSETS ​   ​  Net Real Estate Investments ​   ​  Land​$ 107,460​$ 103,713Buildings and improvements​  632,733​  580,110Furniture, fixtures and equipment​  23,176​  19,414Construction in process​​ 5,148​​ 986Total gross operating real estate investments​  768,517​  704,223Accumulated depreciation​  (53,768)​  (42,410)Total net operating real estate investments​  714,749​  661,813Operating real estate held for sale, net​​ 12,303​​ 21,815Total Net Real Estate Investments​​ 727,052​​ 683,628Cash and cash equivalents​  127,602​  115,209Restricted cash​  17,499​  16,032Notes and accrued interest receivable, net​​—​​ 32,067Investment in unconsolidated real estate fund​​ 25,000​​ —Accounts receivable, prepaids and other assets, net​  30,055​  34,575Preferred equity investments, net​  62,357​  81,668In-place lease intangible assets, net​​ 669​​ 2,749Due from affiliates​​ 883​​ 1,049Non-real estate assets associated with operating real estate held for sale​​ 62​​ 16TOTAL ASSETS​$ 991,179​$ 966,993​​​ ​​​ ​LIABILITIES AND EQUITY​  ​​  ​Mortgages payable​$ 338,616​$ 252,782Revolving credit facilities​ —​  121,000Accounts payable​  775​  803Other accrued liabilities​  22,066​  16,914Due to affiliates​  7,642​  5,980Distributions payable​​ 2,425​​ 617Liabilities associated with operating real estate held for sale​​ 170​​