Bluerock Homes Trust (BHM)
Acquires, develops and operates rental communities and scattered homes across U.S. growth markets.
Something off on this page? Send us feedback.
Acquires, develops, renovates and operates rental communities and scattered homes, earning primarily from tenant rent and property-related income. Uses preferred-equity investments and a Delaware statutory trust program alongside owned properties, while relying on an external manager.
Owns, operates, renovates and develops rental housing through Residential Communities—apartments, townhouses, duplexes and build-to-rent properties—and Scattered Single-Family Homes. Earns primarily from contractual tenant rent and other property-related income, with fixed returns on preferred-equity investments and a share of earnings from an unconsolidated real-estate fund.
Targets middle-market renters in Sunbelt and western growth markets, where most of the portfolio is located. Acquires properties, manages development and lease-up activity, renovates older assets under its Value-Add program, and selectively sells scattered homes based on submarket and unit-level review.
Relies on Bluerock Homes Manager for personnel and day-to-day execution. Its operating structure includes Delaware statutory trusts holding specific properties for accredited investors, and REIT qualification depends on annual taxable-income distributions plus organizational and operational tests.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $172.1M · Total debt $426.5M · Total assets $1.15B · Shareholders' equity $276.7M
- Revenue
- $19.3M
- Operating income
- −$5.6M
- Net income
- $808.0K
HistoryDividendAnnual yieldUpcoming
| Institutions | 54.65% | 2.25M shares | |
|---|---|---|---|
| 37 holders · as of Jun 30, 2026 | |||
| Insiders | 13.89% | 570.7K shares | |
| 1 holder · as of Feb 10, 2026 | |||
| Strategic holders | 16.53% | 679.1K shares | |
| 3 holders · as of May 15, 2026 | |||
| Other | 14.93% | 613.1K shares | |
| remainder | |||
4.11M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Sanda Par OlofInsider | 13.89% | 570,749 | filed Feb 10, 2026 |
Quinn Opportunity Partners LLCInstitution | 11.11% | 228,282 A · 228,282 A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 7.22% | 148,398 A · 148,398 A | as of Jun 30, 2026 |
Cambridge Investment Research Advisors, Inc.Institution | 6.92% | 142,129 A · 142,129 A | as of Jun 30, 2026 |
BlackRock, Inc.Strategic | 6.31% | 259,341 | filed Feb 14, 2023 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Mid-America Apartment Communities
Largest Sunbelt apartment-community rival by portfolio scale.
- Invitation Homes
Scaled single-family leasing rival across shared Sunbelt markets.
- American Homes 4 Rent
Large single-family rental and build-to-rent operator.
- Camden Property Trust
Large multifamily owner and developer in Sunbelt growth markets.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Bluerock Homes Trust | $8.19 | −0.12% | $33.7M | — | — | 0.5 | +15.0% |
| Mid-America Apartment Communities | $119.00 | −0.13% | $13.87B | 34.8 | 38.0 | 6.2 | +1.0% |
| Invitation Homes | $26.95 | −0.72% | $16.12B | 24.9 | 36.1 | 5.6 | +9.7% |
| American Homes 4 Rent | $30.97 | −1.01% | $11.24B | 24.8 | 40.4 | 6.0 | +2.8% |
| Camden Property Trust | $98.75 | −0.56% | $9.98B | 33.0 | 104.2 | 6.3 | −0.9% |
| Median | 28.9 | 39.2 | 6.1 | +1.9% |