Company: BHM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001104659-25-107723
Chunk: 4

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-06
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)​​​​​September 30, ​December 31, ​    2025    2024ASSETS ​   ​  Net Real Estate Investments ​   ​  Land​$ 118,314​$ 103,713Buildings and improvements​  703,616​  580,110Furniture, fixtures and equipment​  25,894​  19,414Construction in process​​ 9,572​​ 986Total gross operating real estate investments​  857,396​  704,223Accumulated depreciation​  (59,831)​  (42,410)Total net operating real estate investments​  797,565​  661,813Operating real estate held for sale, net​​ 10,831​​ 21,815Total Net Real Estate Investments​​ 808,396​​ 683,628Cash and cash equivalents​  162,732​  115,209Restricted cash​  20,555​  16,032Notes and accrued interest receivable, net​​—​​ 32,067Investment in unconsolidated real estate funds​​ 25,573​​ —Accounts receivable, prepaids and other assets, net​  27,531​  34,575Preferred equity investments, net​  45,091​  81,668In-place lease intangible assets, net​​ 1,843​​ 2,749Due from affiliates​​ 935​​ 1,049Non-real estate assets associated with operating real estate held for sale​​ 32​​ 16TOTAL ASSETS​$ 1,092,688​$ 966,993​​​ ​​​ ​LIABILITIES AND EQUITY​  ​​  ​Mortgages payable​$ 393,890​$ 252,782Revolving credit facilities​  22,000​  121,000Accounts payable​  808​  803Other accrued liabilities​  25,450​  16,914Due to affiliates​  7,838​  5,980Distributions payable​​ 2,471​​ 617Liabilities associated with operating real estate