Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 173

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 173
---
 | % |   |    5.25 | % |
| ​                              | ​ | ​ |       ​ | ​ | ​ |      ​ | ​ | ​ |      ​ | ​ | ​ |     ​ | ​ | ​ |      ​ | ​ | ​ |          ​ | ​ | ​ |       ​ | ​ |
| Revolving Credit Facilities    | ​ | $ | 121,000 | ​ | $ |      — | ​ | $ |      — | ​ | $ |     — | ​ | $ |      — | ​ | $ |          — | ​ | $ | 121,000 | ​ |
| Weighted Average Interest Rate | ​ |   |    7.53 | % |   |      — | ​ |   |      — | ​ |   |     — | ​ |   |      — | ​ |   |          — | ​ |   |    7.53 | % |

The fair value of mortgages payable is estimated at $250.2 million at December 31, 2024. The table above incorporates those exposures that exist as of December 31, 2024; it does not consider those exposures or positions which could arise after that date. As a result, our ultimate realized gain or loss with respect to interest rate fluctuations will depend on the exposures that arise during the period and interest rates. At December 31, 2024, we had interest rate caps and swaps, which are not accounted for as hedges, that we primarily use as part of our interest rate risk management strategy. Our interest rate caps and swaps effectively limit our exposure to interest rate risk by providing a ceiling on the underlying interest rate for $155.6 million of our debt. Based on our debt outstanding and interest rates in effect at December 31, 2024, a 100-basis point increase or decrease in interest rates on the portion of our debt bearing interest at variable rates would increase future interest expense by approximately $0.6 million or decrease interest expense by approximately $0.6 million, respectively, on an annual basis. Item 8. Financial Statements and Supplementary Data The information required by this Item 8 is hereby included in our Consolidated Financial Statements beginning on page F-1 of the Annual Report on Form 10-K. Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. None. Item 9A. Controls and Procedures Disclosure Controls and Procedures Evaluation of Disclosure Controls and Procedures We maintain disclosure controls and