Company: BHM
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001104659-25-077615
Chunk: 87

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 87
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 modification that are not capitalized would also be included within loss on extinguishment of debt and debt modification costs on the consolidated statements of operations and comprehensive income. The Company had a negligible amount of loss on extinguishment of debt and no debt modification costs during the three and six months ended June 30, 2025. The Company had no loss on extinguishment of debt or debt modification costs during the corresponding periods ended June 30, 2024. Debt maturities The following table summarizes the Company’s contractual principal payments of its borrowing at June 30, 2025 for the five subsequent years and thereafter (amounts in thousands).

| ​                                           
 Year                                        | ​ | ​     
 Total |       ​ |
|:--------------------------------------------|:--|:------|--------:|
| 2025(July 1 - December 31)                  | ​ | $     |     965 |
| 2026                                        | ​ |       |  33,558 |
| 2027                                        | ​ |       |  84,107 |
| 2028                                        | ​ |       |   5,702 |
| 2029                                        | ​ |       |  80,450 |
| Thereafter                                  | ​ |       | 142,555 |
| ​                                           | ​ | $     | 347,337 |
| Add: Unamortized fair value debt adjustment | ​ |       |  -2,238 |
| Subtract: Deferred financing costs, net     | ​ |       |  -6,483 |
| Total                                       | ​ | $     | 338,616 |

The net book value of real estate assets providing collateral for these above borrowings was $638.9 million at June 30, 2025. The mortgage loans encumbering the Company’s properties are nonrecourse, subject to certain exceptions for which the Company would be liable for any resulting losses incurred by the lender. These exceptions generally include fraud or a material misrepresentation, misstatement or omission by the borrower, intentional or grossly negligent conduct by the borrower that harms the property or results in a loss to the lender, filing of a bankruptcy petition by the borrower, either directly or indirectly, and certain environmental liabilities. In addition, upon the occurrence of certain events, such as fraud or filing of a bankruptcy petition by the borrower, the Company or our joint ventures would be liable for the entire outstanding balance of the loan, all interest accrued thereon and certain other costs, including penalties and expenses. The