Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 60

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 60
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 same time, we, as general partner of our Operating Partnership, have fiduciary
duties to our Operating Partnership and to its limited partners under Delaware law in connection with the management of our Operating
Partnership. Our duties to our Operating Partnership and its limited partners as the general partner may come into conflict with the duties
of our directors and officers under Maryland law. These conflicts may be resolved in a manner that is not in the best interest of our
stockholders.

Conflicts of interest exist between our interests and the interests of our Manager and its affiliates.

Examples of these potential
conflicts of interest include:

| · | The possibility that certain of our officers and their respective affiliates will face conflicts of interest; and |

| · | The possibility that the competing demands for the time of certain of our officers may result in them spending insufficient time on our business, which may result in our missing investment opportunities or having less efficient operations, which could reduce our profitability and result in lower distributions to you. |

Any of these and other conflicts
of interest could have a material adverse effect on the returns on our investments, our ability to make distributions to stockholders
and the trading price of our stock.

The ownership by our executive officers of interests representing a significant portion of our common stock on a fully diluted basis could allow our executive officers to exert significant influence over our company in a manner that may not be in the best interests of our other stockholders.

As of March 6, 2025,
our executive officers beneficially owned interests representing approximately 24.6% of the total economic interest in our Class A
common stock and Class C common stock on a fully diluted basis, where “on a fully diluted basis” assumes that all outstanding
OP Units, C-OP Units (as defined in the Partnership Agreement), LTIP Units, and C-LTIP Units (as defined in the Partnership Agreement),
whether vested or unvested, in each case are ultimately settled for shares of our common stock. In addition, as of March 6, 2025,
the aggregate voting power of our executive officers represented approximately 9.3% of the total voting power of our outstanding Class A
common stock and Class C common stock. As a result of our executive officers’ significant ownership in our company, our executive
officers will have significant influence over our affairs and could exercise such influence in a manner that is not in the best interests
of our other stockholders, including with respect to matters submitted to our stockholders