Bluerock Homes Trust signs $56.6M agreement to acquire 272-unit apartment complex in Aberdeen, NC

Bluerock Homes Trust, Inc.

Purchase price of ~$56.6 million for Hawthorne at the Pines, a 272-unit apartment complex in Aberdeen, North Carolina.
Expected closing on or before April 24, 2025, with possible 5-day extension to April 29, 2025.
Earnest money deposit of $1.5 million to be deposited within 3 business days of April 8, 2025.
Seller is Hawthorne Pines, LLC, an unaffiliated third party; due diligence period ended April 4, 2025.
Acquisition to be funded through wholly-owned subsidiary BHM DST Acquisitions, LLC.

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