BHM · CIK 0001903382 · operating
# Bluerock Homes Trust, Inc.
Bluerock Homes Trust is an externally managed residential real estate investment trust that acquires, develops, and operates institutional-quality rental properties across the United States. The company's portfolio consists of single-family rental homes, build-to-rent communities, and other residential properties positioned to serve renters with higher disposable incomes. The REIT generates revenue through rental income from its residential units, supplemented by value-add renovation initiatives that enhance property performance and returns.
The company maintains geographic focus on growth markets concentrated in the Sunbelt and Western United States, targeting regions with knowledge-economy employment bases, strong quality-of-life attributes, and demonstrated long-term residential rental demand. This strategic positioning reflects management's emphasis on markets with sustainable demographic and economic fundamentals. Properties are concentrated in these high-growth regions rather than distributed across the broader U.S. market.
Bluerock Homes Trust operates as an externally managed REIT incorporated in Maryland with corporate headquarters in New York. The company's business model emphasizes acquisition of institutional residential assets, property development, and capital appreciation through strategic renovations rather than operational management of individual properties.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-3.02 | — | -174.5% | |
| 2024 | $-1.10 | $-1.10 | +15.4% | |
| 2023 | $-1.30 | $-1.30 | -400.0% | |
| 2022 | $-0.26 | $-0.26 | — |