Bluerock Homes Trust acquires 272-unit Southern Pines Reserve for $56.6M

Bluerock Homes Trust, Inc.

Acquired Southern Pines Reserve (272 units) in Aberdeen, NC on April 28, 2025 for $56.6M.
Financed with $30.7M senior loan (5.13% fixed, due 2035) and $20.0M KeyBank credit facility.
Property generated $4.9M revenue in 2024; pro forma adds $4.8M revenue in 2024, $1.2M in Q1 2025.
Feb 2025 fire destroyed 8 units; purchase price adjusted to exclude those units.
Pro forma net loss attributable to common stockholders increases by $0.9M in 2024, $0.07M in Q1 2025.

item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.