Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 167

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 167
---
 us to tap into what we believe to be the substantial, often proprietary, transaction
flow of our network, allowing for rapid deployment of available capital. Our extensive network provides us the ability to scale our operations
quickly, enabling us to allocate and reallocate capital across multiple target markets and along multiple strategies, and to invest in
or divest of properties rapidly without the time delay associated with building infrastructure across multiple markets, and without burdening
us with excessive operating and overhead costs.

<div align='center'>89</div>

Growth Strategies

Our principal business objective
is to generate attractive risk-adjusted investment returns by assembling a portfolio of institutional residential properties including
single-family homes, build-to-rent communities, and other residential communities located across a diverse group of growth markets. By
implementing our investment strategies and our institutional-quality management, we expect to be able to achieve sustainable long-term
growth in both our FFO and NAV.

Value Creation Execution. We acquire residential rental properties with potential for long-term value creation for our stockholders.
We utilize the following internal and external growth strategies to drive growth in FFO and NAV for our investors:

| · | Value-Add Renovation. We see significant potential for capital appreciation through renovation of existing assets. Our value-add strategy focuses on working with our local experts to reposition lower-quality, less current assets and drive rent growth and expand margins, increasing NOI and maximizing our return on investment. |

| · | Income and Appreciation.  We invest in well-located institutional residential properties with strong and stable cash flows in demographically attractive knowledge economy growth markets where we believe there exists significant potential for medium-term capital appreciation through renovation or redevelopment, to reposition the asset and drive future rental growth. |

| · | Invest-to Own.  We selectively invest in the development of build-to rent and other residential properties in target markets where we believe we can capture significant development premiums upon completion. We generally make common equity investments or use a preferred equity structure which provides income during the development stage and/or the ability to capture development premiums at completion by exercising our conversion rights to take ownership. |

| · | Institutional Property Management / NOI Margin Expansion. We expect to improve margins at our operating properties by deploying institutional management approaches across the portfolio – including professional management, investment in technology platforms, and leveraging economies of scale — to best position the portfolio for optimal rental growth. We seek to address operational inefficiencies, revenue management and deferred capital maintenance at scale and to grow underlying cashflow through substantial NOI margin expansion at