Bluerock Homes issues 20,445 C-LTIP units to CEO and President for Q1 compensation

Bluerock Homes Trust, Inc.

Issued 14,603 C-LTIP units ($150,000) to CEO R. Ramin Kamfar and 5,842 units ($60,000) to President Jordan Ruddy on May 13, 2025.
Units satisfy 80% of each executive's Q1 2025 base salary and a portion of the $210,000 Base Management Fee to the external Manager.
C-LTIP units are fully vested; may convert to OP units and later be redeemed for cash or Class A common stock after one-year holding period.
Issuance exempt from registration under Section 4(a)(2) and Regulation D; recipients are accredited investors.
Board authorized the issuance including independent directors; units align management interests with stockholders.

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