Bluerock Homes Trust Amends Management Agreement to Include Financing

What Happened
Bluerock Homes Trust, Inc. (BHM) announced on August 7, 2026 that its board, including independent directors, approved a Third Amendment to its Management Agreement with Bluerock Homes Manager, LLC (the Manager) and Bluerock Residential Holdings, L.P. (the Operating Partnership). The Third Amendment amends the Management Agreement’s definition of “Investment Transaction” to specify that, for purposes of the Investment Guidelines, an Investment Transaction includes a “Financing Transaction.” The Third Amendment is dated August 7, 2026 and the company filed the amendment as Exhibit 10.1 to the Form 8-K.

Key Details

• Third Amendment dated August 7, 2026; Board, including independent directors, authorized and approved the amendment.
• Changes the definition in Section 1(a) so an “Investment Transaction” expressly includes a “Financing Transaction” for Investment Guidelines.
• Original Management Agreement was entered October 5, 2022; prior amendments were made January 10, 2023 (First Amendment) and February 28, 2025 (Second Amendment).
• Board found the Third Amendment’s terms “fair, competitive and commercially reasonable” and no less favorable to the Company than similar agreements with unaffiliated parties.

Why It Matters
This amendment clarifies and broadens the types of transactions that count as Investment Transactions under the company’s Investment Guidelines by explicitly including Financing Transactions. For investors, that means the manager’s activities tied to investments and financings are now expressly captured by the Management Agreement’s Investment Transaction framework and were reviewed and approved by the Board. The filing is procedural and does not disclose new financial terms, dollar amounts, or changes to management compensation; it documents a definitional change approved by the Board and filed with the SEC.