Bluerock Homes Trust Inc. announced the acquisition of Skytop Apartments, a 361-unit residential community in Cincinnati, Ohio, for $88.5 million. The transaction was completed on September 29, 2025, and was funded through a combination of $13 million in equity, a $57.5 million senior loan from Fannie Mae, and $22 million from the company's credit facility with KeyBank. The purchase was the result of arm's length negotiations with an unaffiliated seller.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bluerock Homes Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-096683), on October 03, 2025, and is solely responsible for the information contained therein.