A Growing Portfolio of Residential Rental Communities

Bluerock Homes Trust owns a growing portfolio of institutional-quality rental communities across the nation’s fastest-growing markets — built on the conviction that structural housing undersupply, rising homeownership costs, and sustained population growth make Sunbelt residential rental one of the most durable opportunities in real estate today.

Portfolio At-A-Glance

$1.2B+

Gross Asset Value1

~5,575

Residential Rental Units2

93%

Occupancy3

24%

Leverage4

Sunbelt Region Focus

85%

BHM portfolio in Sunbelt region

~80%

U.S. population growth in the past decade is attributed to Sunbelt market5

11M

Additional people projected to move to Sunbelt markets over the next decade6

1 Based on BHM 10K for year ended 12.31.2025
2 Comprised of 4,423 consolidated units, of which 370 units are under development, and 1,149 units through preferred equity investments
3 Percent occupied is calculated as (i) the number of units occupied as of December 31, 2025, divided by (ii) total number of units, expressed as a percentage, and excludes 107 units classified as held for sale and an aggregate of 11 down/renovation units
4 Net debt and net undepreciated assets are net of cash, cash equivalents and restricted cash
5 Source: Moody’s Analytics, Q1 2024
6 Through 2033 Texas, Florida, and Arizona have been forecasted to grow by 3.5, 2.6 and 1.1 million, respectively