other material
confidence high
sentiment neutral
materiality 0.25
Bluerock Homes issues 58,390 C-LTIP Units to manager and executives for Q2 2024 fee
Bluerock Homes Trust, Inc.
- Issued 58,390 C-LTIP Units in partial payment of Q2 2024 base management fee, valued at $1,086,479.
- Manager received 45,249 units; CEO Kamfar received 9,916 units ($184,500); President Ruddy received 3,225 units ($60,000).
- Units fully vested upon issuance; may convert to OP Units and eventually to Class A Common Stock.
- Exempt from registration under Section 4(a)(2) of the Securities Act and Regulation D; all recipients are accredited investors.
- Issuance follows Board approval and salary elections under Management Agreement.