DivestmentAug 11, 2026, 12:51 PM
Bluerock Homes Trust Divests 26 Units for $7.2M
AI Summary
Bluerock Homes Trust, Inc. completed the disposition of an additional 26 single-family residential units from its Golden Pacific portfolio between May 28 and August 7, 2026. These units were sold to unaffiliated third parties for an aggregate sales price of approximately $7.2 million, resulting in net proceeds of about $6.4 million. This brings the total number of units divested from the Golden Pacific portfolio in 2026 to 61. The company also provided unaudited pro forma condensed consolidated financial statements reflecting these dispositions.
Key Highlights
- Bluerock Homes Trust divested 26 single-family residential units from May 28 to August 7, 2026.
- Aggregate sales price for the 26 units was approximately $7.2 million.
- Aggregate net proceeds to the Company for the 26 units were approximately $6.4 million.
- Total of 61 units from the Golden Pacific portfolio have been divested in 2026.
- The Company holds a 97% interest in the Golden Pacific joint venture.
- Pro forma financial information was provided for the dispositions.
Price Impact
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