other
confidence high
sentiment neutral
materiality 0.40
Issues 246,804 C-LTIP units for Q4 2023 management fee and expense reimbursement
Bluerock Homes Trust, Inc.
- Q4 2023 base management fee paid with 151,600 C-LTIP units valued at $2,047,495.
- Of those, 13,661 units ($184,500) issued to CEO Kamfar and 4,443 units ($60,000) to President Ruddy in lieu of cash salary.
- Q4 2023 expense reimbursement paid with 95,204 C-LTIP units valued at $1,285,817.
- All issuances were unregistered, exempt under Section 4(a)(2) and Regulation D to accredited investors.