12/23/2025 | Press release | Distributed by Public on 12/23/2025 13:29
| ITEM 2.01 | COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS |
Acquisition of Parkview Property
On December 18, 2025, Bluerock Homes Trust, Inc., a Maryland corporation (the "Company"), through BHM Parkview Exchange TRS, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company's operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the "Operating Partnership"), made an investment of approximately $21.3 million in BHM Parkview Investment Co, LLC (the "Depositor"), along with BRRK DST Investor, LLC (the "Co-Investor"), an affiliate of the Company's external manager, which made a co-investment of approximately $9.7 million in the Depositor. The Company and the Co-Investor own approximately 68.63% and 31.37%, respectively, of the Depositor.
Also on December 18, 2025, the Depositor, through BR Parkview Multifamily, DST, a Delaware statutory trust (the "Parkview DST") and a wholly owned subsidiary of the Depositor, closed on the acquisition of a 264-unit residential community known as District at Parkview, located in Stone Mountain, Georgia (the "Parkview Property") for a total purchase price of approximately $66.6 million. The sale was based on arm's length negotiations with an unaffiliated seller.
The acquisition of the Parkview Property was funded with (i)approximately $31.0 million of gross equity from the Depositor (inclusive of closing costs), and (ii) a senior mortgage loan held by Fannie Mae, to the Parkview DST, in the principal amount of approximately $38.6 million (the "Parkview Senior Loan").