Bluerock Homes Trust Awards LTIP Units to Board Members in Unregistered Equity Sale
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Bluerock Homes Trust Inc. awarded 7,824 long-term incentive plan units (LTIP Units) to each of its non-employee directors as part of their annual retainers. The LTIP Units, fully vested upon issuance, can convert to operating partnership units and may be redeemed for cash or shares after a one-year holding period. This issuance was conducted as a private placement under SEC exemptions, and LTIP Unit holders will receive distribution equivalents alongside Class A Common Stock holders.
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