secwatch.observer — SEC 8-K summary
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Issuer:     Bluerock Homes Trust, Inc. (BHM)
CIK:        0001903382
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001104659-24-023548
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bluerock Homes Trust sets estimated value per share of Series A Preferred Stock at $25.00 plus accreted dividends
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- Estimated value per share of Series A Preferred Stock is $25.00 plus accreted dividends as of September 30, 2023.
- Board approved the valuation based on Kroll's appraisal of the company's portfolio of 17 properties (3,996 units).
- Kroll used income capitalization and sales comparison approaches; overall cap rates ranged 4.02%–4.93%.
- Valuation is for FINRA broker-dealer account statement reporting obligations, not a GAAP fair value estimate.
- Adjusted portfolio equity significantly exceeded Series A Preferred Stock liquidation value of approx. $3.81 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1903382/000110465924023548/0001104659-24-023548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1903382/000110465924023548/tm246311d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-023548

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