Company: BHM
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001410578-25-001149
Chunk: 2

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
Item 1. Financial Statements

BLUEROCK HOMES TRUST, INC.

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share amounts)

​

​​​​​​​​​(Unaudited)​​​​​March 31, ​December 31, ​    2025    2024ASSETS ​   ​  Net Real Estate Investments ​   ​  Land​$ 103,299​$ 103,713Buildings and improvements​  579,817​  580,110Furniture, fixtures and equipment​  20,310​  19,414Construction in process​​ 2,919​​ 986Total gross operating real estate investments​  706,345​  704,223Accumulated depreciation​  (47,812)​  (42,410)Total net operating real estate investments​  658,533​  661,813Operating real estate held for sale, net​​ 18,386​​ 21,815Total Net Real Estate Investments​​ 676,919​​ 683,628Cash and cash equivalents​  134,748​  115,209Restricted cash​  15,939​  16,032Notes and accrued interest receivable, net​​ 9,449​​ 32,067Accounts receivable, prepaids and other assets, net​  36,133​  34,575Preferred equity investments, net​  88,953​  81,668In-place lease intangible assets, net​​ 849​​ 2,749Due from affiliates​​ 1,256​​ 1,049Non-real estate assets associated with operating real estate held for sale​​ 125​​ 16TOTAL ASSETS​$ 964,371​$ 966,993​​​ ​​​ ​LIABILITIES AND EQUITY​  ​​  ​Mortgages payable​$ 251,457​$ 252,782Revolving credit facilities​  85,000​  121,000Accounts payable​  824​  803Other accrued liabilities​  18,739​  16,914Due to affiliates​  5,916​  5,980Distributions payable​​ 2,331​​ 617Liabilities associated with operating real estate held for sale​​ 137​​ 6Total Liabilities​  364