Business UpdateAug 10, 2026, 04:29 PM
Bluerock Homes Amends Management Agreement to Include Financing Transactions
AI Summary
Bluerock Homes Trust, Inc. entered into a Third Amendment to its Management Agreement on August 7, 2026, with its operating partnership and external manager. This amendment modifies the definition of "Investment Transaction" to explicitly include "Financing Transaction" for purposes of the Investment Guidelines. The Company's Board, including independent directors, approved the amendment, deeming its terms fair, competitive, and commercially reasonable.
Key Highlights
- Third Amendment to Management Agreement adopted on August 7, 2026.
- Amends the Management Agreement originally dated October 5, 2022.
- Definition of "Investment Transaction" now includes "Financing Transaction" in Section 1(a).
- Company's Board, including independent directors, approved the amendment.
- Terms were found to be fair, competitive, and commercially reasonable.
- All other provisions of the Management Agreement remain in full force and effect.
Price Impact
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