11/12/2026 | Press release | Distributed by Public on 11/12/2026 11:45
| ITEM 2.01 | COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS |
Disposition of Golden Pacific Units
Prior to 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the "Company") entered into a joint venture with an unaffiliated third party to acquire single-family residential units located in Indiana, Kansas and Missouri, collectively known as the Golden Pacific portfolio. The Company holds a 97% interest in the joint venture.
Between January 1, 2026 and November 5, 2026, the Company completed the disposition of its interest in 86 single-family residential units within the Golden Pacific portfolio as follows: (i) 35 units sold during the period of January 1, 2026 through May 27, 2026, as previously reported in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on June 2, 2026; (ii) 26 units sold during the period of May 28, 2026 through August 7, 2026, as previously reported in the Company's Current Report on Form 8-K filed with the SEC on August 11, 2026; and (iii) 25 units sold during the period of August 8, 2026 through November 5, 2026, as reported herein. The 25 additional units were sold to unaffiliated third parties pursuant to the terms and conditions of multiple separate purchase and sale agreements for an aggregate sales price of approximately $6.6 million. After closing costs, prorations and adjustments typical in such real estate transactions, the aggregate net proceeds to the Company from the sale of these 25 units were approximately $5.9 million.