Company: BHM
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001104659-25-077615
Chunk: 80

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 80
---
3.0 million, the sales of the 85 units generated net proceeds of approximately $10.7 million and a gain on sales of approximately $1.7 million. Held for Sale At June 30, 2025 and December 31, 2024, the Company classified an aggregate of 94 units and 167 units, respectively, as held for sale in its consolidated balance sheets. For the three and six months ended June 30, 2025 and 2024, the Company recorded an impairment of $0.1 million and $1.1 million, and $0.2 million and $1.2 million, respectively, related to held for sale units which is included in gain on sale and (impairment) of real estate investments, net in its consolidated statements of operations and comprehensive income. The 94 units classified as held for sale at June 30, 2025 are all reported in the Company’s scattered single-family homes segment and are included in the following portfolios: 3 units of ILE, 25 units of Indy-Springfield, 13 units of Peak JV 2, and all 53 units of Peak JV 3. These units were identified based on submarket analysis and individual unit-level operational review. Real estate assets classified as held for sale are reported at the lower of their carrying value or estimated fair value less costs to sell and are presented separately within operating real estate held for sale, net on the Company’s consolidated balance sheets.

14

Table of Contents

Note 5 - Investments in Real Estate As of June 30, 2025, the Company held twenty-one real estate investments, consisting of fifteen consolidated operating investments and six held through preferred equity investments. The following tables provide summary information regarding the Company’s consolidated operating investments and preferred equity investments. Consolidated Investments

| ​                                   | ​ | ​                     | ​ |      ​ | ​ |         ​ | ​ |
| ​                                   | ​ | ​                     | ​ | Number 
     of | ​ | Ownership |   |
| Operating                           
 Investment Name                     |   | Location              
 / Market              |   |  Units 
    (1) |   |  Interest | ​ |
| Scattered                           
 Single-Family Homes                 | ​ | ​                     | ​ |      ​ | ​ |         ​ | ​ |
| Ballast                             | ​ | AZ / CO / WA          | ​ |     84 | ​ |        95 | % |
| Golden Pacific                      | ​ | IN / KS