Company: BHM
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001104659-25-046667
Chunk: 24

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 24
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 the change in control date (or shall be the average cost-sharing percentages over such shorter period, if the change in control occurs earlier than the completion of four calendar quarters). Under the NY Premises Lease, the Company, through its Operating Partnership, issued a payment of approximately $450,000 as a security deposit. Payment by BREH of any amounts payable under the Leasehold Cost-Sharing Agreement to the Company will be made in cash.

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The table below presents the related party amounts receivable from BREH at March 31, 2025 and December 31, 2024 pursuant to the terms of the Leasehold Cost-Sharing Agreement (amounts in thousands). The Company records these receivables in due from affiliates in its consolidated balance sheets.

| ​                                           | ​                                               
 Amounts receivable from                         
 BREH under the Leasehold Cost-Sharing Agreement | ​ |              ​ 
 March 31, 2025 | ​ | ​ |                 ​ 
 December 31, 2024 |
|:--------------------------------------------|:------------------------------------------------|:--|---------------:|:--|:--|------------------:|
| Capital improvement cost reimbursements     | ​                                               | $ |            938 | ​ | $ |               925 |
| Operating and direct expense reimbursements |                                                 | ​ |            318 |   | ​ |               124 |
| Total amounts receivable from the Manager   | ​                                               | $ |          1,256 | ​ | $ |             1,049 |

At March 31, 2025 and December 31, 2024, the Company had no other receivables due from any related parties. BR Amira DST Manager, LLC - Amira at Westly DST The Company has agreed to pay an asset management fee equal to 0.02% per annum of the Amira at Westly purchase price of $103 million, or $206,000 annually, to BR Amira DST Manager, LLC, which is wholly owned by Bluerock Asset Management, LLC. During the three months ended March 31 2025, the Company incurred a total asset management fee related to Amira at Westly of $51,500 which is recorded within property management and asset management fees on the Company’s consolidated statements of operations and comprehensive income. The Company did not incur any asset management fees related to Amira at Westly in the first quarter 2024. In addition, the Company, through consolidated subsidiaries associated with the DST