Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 263

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 263
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 A
Cash Dividend payable on each share of Series A Redeemable Preferred Stock will begin accruing on, and will be cumulative from, the
date of original issuance of such share of Series A Redeemable Preferred Stock. Each subsequent Series A Cash Dividend will
begin accruing on, and will be cumulative from, the end of the most recent Series A Cash Dividend Period for which a Series A
Cash Dividend has been paid on each such share of Series A Redeemable Preferred Stock. A “Series A Cash Dividend Period”
will be the respective period commencing on and including the first day of each month and ending on and including the day preceding the
first day of the next succeeding Series A Cash Dividend Period (other than the initial Series A Cash Dividend Period and the
Series A Cash Dividend Period during which any shares of Series A Redeemable Preferred Stock shall be redeemed or otherwise
acquired by us). For the avoidance of doubt, any Series A Cash Dividend may vary among holders of Series A Redeemable Preferred
Stock and may be prorated with respect to any shares of Series A Redeemable Preferred Stock that were outstanding less than the total
number of days in the Series A Cash Dividend Period immediately preceding the applicable dividend payment date, with the amount of
any such prorated dividend being computed on the basis of the actual number of days in such dividend period during which such shares of
Series A Redeemable Preferred Stock were outstanding.

The timing and amount of dividends
on the Series A Redeemable Preferred Stock will be determined by our board of directors, in its sole discretion, and may vary from
time to time. All such dividends will accrue and be paid on the basis of a 360-day year consisting of twelve 30-day months. Dividends
on the Series A Redeemable Preferred Stock will accrue whether or not (i) we have earnings, (ii) there are funds legally
available for the payment of such dividends and (iii) such dividends are authorized by our board of directors or declared by us.
Accrued dividends on the Series A Redeemable Preferred Stock will not bear interest.

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Holders of shares of our Series A
Redeemable Preferred Stock are not entitled to any dividend in excess of full dividends on shares of our Series A Redeemable Preferred
Stock. Unless full dividends on shares of our Series A Redeemable Preferred Stock for