StockWatch
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Real Estate Investment Trusts
DivestmentAug 12, 2026, 12:51 PM

Bluerock Homes Trust Divests 21 Ballast Units for $7.1M

AI Summary

Bluerock Homes Trust, Inc. completed the disposition of an additional 21 single-family residential units from its Ballast portfolio between June 3 and August 11, 2026. The aggregate sales price for these units was approximately $7.1 million, resulting in net proceeds of about $6.4 million to the company. This follows the disposition of 24 units earlier in 2026, bringing the total units disposed of for pro forma financial reporting to 45. The company also provided unaudited pro forma condensed consolidated financial statements reflecting these dispositions.

Key Highlights

  • Disposed of an additional 21 single-family residential units from the Ballast portfolio.
  • Aggregate sales price for the 21 units was approximately $7.1 million.
  • Aggregate net proceeds to the Company for the 21 units was approximately $6.4 million.
  • Total of 45 units from the Ballast portfolio disposed of for pro forma financial reporting.
  • Unaudited pro forma condensed consolidated financial statements were provided.
  • The dispositions occurred between June 3, 2026, and August 11, 2026.