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

5,400+

Residential Rental Units2

92.3%

Occupancy3

23%

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 BHM 10-Q for three months ended June 30, 2026
2 Comprised of 4,271 consolidated units, of which 410 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 June 30,
2026 divided by (ii) total number of units, expressed as a percentage, and excludes 81 units classified as held for sale and an aggregate of 8 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