M&A
confidence high
sentiment neutral
materiality 0.35
Bluerock Homes completes sale of 21 Ballast units for ~$7.1M gross, $6.4M net proceeds
Bluerock Homes Trust, Inc.
- Sold 21 single-family residential units in Ballast portfolio for ~$7.1M aggregate price, netting ~$6.4M to Company.
- Dispositions occurred June 3–August 11, 2026, to unaffiliated third parties under multiple purchase agreements.
- Combined with earlier 24 units sold Jan 1–Jun 2, 2026, total 45 Ballast units disposed in 2026.
- Company holds 95% interest in Ballast joint venture; pro forma financials reflect these sales.
- Pro forma balance sheet shows total assets reduced by ~$994K vs. historical as of March 31, 2026.