Bluerock Homes agrees to acquire Allure at Southpark in Charlotte for $92M

Bluerock Homes Trust, Inc.

Purchase price of $92M for the 350-unit Allure at Southpark apartment complex in Charlotte, NC.
Closing expected on or about December 3, 2024, subject to customary closing conditions.
Seller is S2 Allure REIT Subsidiary LLC and affiliates; purchaser is a subsidiary of BHM's operating partnership.
Deposit of $500,000 earnest money; Purchaser has 30-day due diligence period from Nov. 20, 2024.

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