Quarterly ResultMay 7, 2026, 04:08 PM
Bluerock Homes Trust Q1 Net Loss $(3.43)M; EPS $(0.90)
AI Summary
Bluerock Homes Trust reported an increased net loss attributable to common stockholders of $(3.43) million, or $(0.90) per basic and diluted common share, for the three months ended March 31, 2026. This compares to a net loss of $(2.53) million, or $(0.67) per share, in the prior year period. Total revenues increased to $19.70 million, but total expenses also rose significantly to $26.21 million, leading to a shift to negative cash flow from operating activities.
Key Highlights
- Net loss attributable to common stockholders was $(3.43) million, up from $(2.53) million YoY.
- Basic and diluted net loss per common share was $(0.90), compared to $(0.67) YoY.
- Total revenues increased to $19.70 million from $16.41 million YoY.
- Total expenses rose to $26.21 million from $22.27 million YoY.
- Net cash used in operating activities was $(8.45) million, a shift from $0.95 million provided YoY.
- Impairment of real estate investments increased to $0.60 million from $0.12 million YoY.
- Proceeds from real estate sales were $20.67 million, up from $6.28 million YoY.
- Issued $4.17 million in Series A and $2.07 million in Series B Preferred Stock.