Bluerock Homes Trust, Inc.BHM
What Bluerock Homes Trust, Inc. does.
Bluerock Homes Trust, Inc. (“Bluerock Homes,” “the Company,” “we,” “us,” or “our”) was incorporated on December 16, 2021 under the laws of the state of Maryland.
We have elected to be taxed and currently qualify as a real estate investment trust (“REIT”) for federal income tax purposes beginning with our taxable year ended December 31, 2022. As a REIT, we generally are not subject to corporate-level income taxes. In order to maintain our REIT status, we are required, among other requirements, to distribute annually at least 90% of our “REIT taxable income,” as defined by the Internal Revenue Code of 1986, as amended (the “Code”), to our stockholders. If we fail to maintain our qualification as a REIT in any taxable year, we would be subject to federal income tax on our taxable income at regular corporate tax rates and we would not be permitted to qualify as a REIT for four years following the year in which we lost our qualification. We intend to continue to organize and operate in such a manner as to remain qualified as a REIT.
Unless otherwise indicated or the context requires otherwise, all references to “the Company,” “we,” “us” and “our” mean Bluerock Homes Trust, Inc., a Maryland corporation, together with its consolidated subsidiaries, including, without limitation, Bluerock Residential Holdings, L.P., a Delaware limited partnership (our “Operating Partnership”), of which we are the sole general partner. References to our shares of Class A common stock on a “fully diluted basis” includes all outstanding shares of our Class A common stock, shares of our Class C common stock, units of limited partnership interest in our Operating Partnership (“OP Units”), and long-term incentive plan units in our Operating Partnership, (“LTIP Units”), whether vested or unvested.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $14.6M | $34.1M | $41.1M | $50.2M | $68.7M |
| Net income | — | $34.3M | -$1.0M | -$4.4M | $32,000 | $2.3M |
| Free cash flow | — | $8.1M | -$15.2M | $4.4M | -$253,000 | $10.4M |
More on BHM.
- Bluerock Homes Trust, Inc. summary
- Bluerock Homes Trust, Inc. financial statements
- Bluerock Homes Trust, Inc. key metrics
- Bluerock Homes Trust, Inc. health scores and style box
- Bluerock Homes Trust, Inc. earnings
- Bluerock Homes Trust, Inc. dividends
- Bluerock Homes Trust, Inc. valuation
- Bluerock Homes Trust, Inc. ownership and insiders
- Bluerock Homes Trust, Inc. peers
Figures from Bluerock Homes Trust, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.