Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 16

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 16
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 (March 2024), rent-burdened households hit a record high in 2022, as half
of all households spent more than the recommended 30% of income on rent and utilities. Through our focus on the middle-income and rent-burdened
renter with our build-to-rent investment strategy, we are seeking to deliver a supply of affordable, well-maintained, residential housing
options, both for renters by choice as well as by necessity.

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Governance: Corporate Governance. We have established a governance framework that fosters effective stewardship of investor and stockholder capital,
promotes an ethical and transparent approach to doing business, and encourages board diversity. We are committed to operating our business
under strong and accountable corporate governance practices and have structured our corporate governance in a manner that we believe aligns
our interests with those of our stockholders.

For more information, see “Our Business and
Properties—Our Environmental, Social and Governance Policies.”

Summary Risk Factors

An investment in our Series B Redeemable Preferred Stock involves a number of risks. See “Risk Factors,” beginning on page 21 of this prospectus. Some of the more significant risks include those set forth below.

Risks Related to Our Business, Properties and Industry

| · | Our current portfolio primarily consists of interests in residential properties, located primarily in markets in the Sunbelt and Western United States. Any adverse developments in local economic conditions or the demand for residential properties in these markets may negatively impact our results of operations. |

| · | We have a limited operating history as an independent publicly-traded company, and our historical and pro forma financial information is not necessarily representative of the results that we would have achieved as a separate, publicly traded company and may not be a reliable indicator of our future results. |

| · | We may not be successful in identifying and consummating suitable investment opportunities. |

| · | Adverse economic conditions may negatively affect our results of operations and, as a result, our ability to make distributions to our stockholders or to realize appreciation in the value of our properties. |

| · | You will have limited control over changes in our policies and day-to-day operations, which limited control increases the uncertainty and risks you face as a stockholder. In addition, our board of directors may change our major operational policies without your approval. |

| · | The ownership by our executive officers of interests representing a significant portion of our common stock on a fully diluted basis could