M&A
confidence high
sentiment neutral
materiality 0.45
Bluerock files Amira at Westly financials: $10.35M revenue, $1.84M net income in 2023
Bluerock Homes Trust, Inc.
- Amira at Westly, a 360-unit Tampa apartment complex acquired Oct 31, 2024, had $10.35M revenue and $1.84M net income for FY 2023.
- For the nine months ended Sep 30, 2024, revenues were $7.93M and certain operating expenses were $2.81M.
- Property financed with two mortgage notes totaling $55.39M at approx 3.85%, maturing August 2029.
- Pro forma condensed financial statements reflect the acquisition; no material subsequent events noted.