Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 233

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 233
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 the stockholders of record as of (i) March 25, 2025, (ii) June 25, 2025, (iii) September
25, 2025, and (iv) December 24, 2025, which will be paid in cash on (i) April 4, 2025, (ii) July 3, 2025, (iii) October 3, 2025, and (iv)
January 5, 2026, respectively.

<div align='center'>F-43</div>

Table of Contents

| ​                                              
 Bluerock                                       
 Homes Trust, Inc.                              
 Schedule                                       
 III - Real Estate and Accumulated Depreciation | ​                 
 ​                 
 December 31, 2024 |
|:-----------------------------------------------|:------------------|
| (amounts in                                    
 thousands)                                     | ​                 |

| ​                                          
 COLUMN                                     
 A                                          
 ​                                          
 ​                                          
 ​                                          
 ​                                          
 Property                                   
 Real                                       
 Estate Held for Investment                 
 Abode Wendell                              
 Falls (1)                                  
 Allure at Southpark                        
 Amira at Westly                            
 Avenue at Timberlin                        
 Park                                       
 Ballast                                    
 Golden Pacific                             
 ILE                                        
 Indy-Springfield                           
 (2)                                        
 Peak JV 2 (2)                              
 Peak JV 3(3)                               
 Savannah-84 (2)                            
 Villas at Huffmeister                      
 Wayford at Concord                         
 Yauger Park Villas                         
 Subtotal                                   
 ​                                          
 Total                                      
 Single-family properties held for sale (4) 
 ​                                          
 Non-Real                                   
 Estate assets                              
 REIT Operating                             
 Partnership                                
 REIT Operator                              
 Subtotal                                   
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 Location     
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 NC           
 NC           
 FL           
 FL           
 AZ / CO / WA 
 IN / KS / MO 
 TX / SE US   
 IN / MO      
 Various / TX 
 TX           
 GA           
 TX           
 NC           
 WA           
 ​            
 Various      
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 MI           
 MI           
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