Bluerock Homes Trust, Inc. is a Maryland-based REIT that owns and operates institutional residential rental properties in the United States. Its portfolio is centered on two operating segments: residential communities, including apartments, townhouses, duplexes and build-to-rent neighborhoods, and scattered single-family homes. The company is externally managed and has no employees, relying on Bluerock Homes Manager, LLC to source investments and run day-to-day operations. Its stated objective is to grow funds from operations and net asset value through acquisitions, development, and value-add renovations in Sunbelt and Western U.S. growth markets.