Bluerock Homes Expands Portfolio with $66.6M Georgia Residential Acquisition
The investment, backed by Fannie Mae financing, signals Bluerock’s continued push into high-growth Southeast markets.
December 26, 2025
Bluerock Homes Trust, Inc. Bolsters Holdings with District at Parkview Deal
Bluerock Homes Trust, Inc. is adding to its real estate portfolio with the acquisition of District at Parkview, a 264-unit residential community in Stone Mountain, Georgia. The $66.6 million deal closed on December 18, 2025, and reflects the company’s continued focus on building exposure to growth-oriented suburban markets.
To fund the acquisition, Bluerock deployed a mix of equity and financing. The company invested approximately $21.3 million through a wholly owned subsidiary, with a co-investor—affiliated with Bluerock’s external manager—adding another $9.7 million. Combined, the two entities hold a controlling interest in the investment vehicle, with Bluerock owning roughly 69%.
The remaining funding came in the form of a $38.6 million senior mortgage loan, secured through Fannie Mae. That financing was provided directly to the property’s ownership trust, a subsidiary of the investment entity formed for this transaction. Total equity, including closing costs, amounted to approximately $31 million.
The newly acquired asset, District at Parkview, sits within the Atlanta metro area—one of the fastest-growing housing markets in the country. For Bluerock, it’s a strategic move that supports its broader investment thesis: focus on residential assets in high-demand regions, especially in the Southeast.
This deal follows a consistent structure the company has used in prior transactions—partnering with affiliated capital, leveraging agency financing, and targeting stabilized residential properties. Bluerock’s approach aims to maintain control while bringing in aligned co-investors and using long-term debt to optimize returns.
At the time of the filing, audited financials for the property were not yet available. Bluerock indicated it plans to file the required statements by March 10, 2026 , in an amended report.
With this acquisition, the company continues building its footprint across target markets. The District at Parkview purchase fits into that expansion plan—adding scale, location diversity, and income potential to the overall portfolio.
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