- Bluerock Homes Trust, Inc. (BHM) completed the acquisition of Skytop Apartments, a **361-unit residential community** in Cincinnati, Ohio, on **September 29, 2025**.  **[1903382_0001104659-25-096683_tm2527860d1_8k.htm:1]** 
- The total purchase price for the Skytop Property was **$88.5 million**, funded by **$13.0 million** in gross equity from the Company, a **$57.5 million** senior loan from Fannie Mae at a fixed rate of **4.98%**, and **$22.0 million** from the KeyBank Credit Facility.  **[1903382_0001104659-25-096683_tm2527860d1_8k.htm:1]** 
- Pro forma adjustments for the Skytop Apartments acquisition indicate that for the six months ended June 30, 2025, it would have contributed **$3,762 thousand** in rental and other property revenues and **$1,988 thousand** in property operating expenses.  **[1903382_0001104659-25-096683_tm2527860d1_8k.htm:10]** 
- For the year ended December 31, 2024, the pro forma adjustments show the acquisition would have contributed **$4,098 thousand** in rental and other property revenues and **$1,971 thousand** in property operating expenses.  **[1903382_0001104659-25-096683_tm2527860d1_8k.htm:13]**

Bluerock Homes Trust (BHM)