Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 107

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 107
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 shares for quotation on any national securities market. Additionally, our charter contains restrictions
on the ownership and transfer of our securities, including our Series A Preferred Stock, and these restrictions may inhibit the ability
to sell shares of our Series A Preferred Stock, promptly or at all. Beginning immediately upon original issuance of any share of
Series A Preferred Stock, the holder thereof may require us to redeem, and beginning two years from the date of original issuance,
we may redeem, any such share, in each case with the redemption price payable, in our sole discretion, in cash or in equal value of shares
of our Class A common stock, based on the closing price per share of our Class A common stock for the single trading day prior
to the date of redemption. If we opt to pay the redemption price in shares of our common stock, holders of shares of Series A Preferred
Stock may receive publicly traded shares, as we currently expect to continue listing our Class A common stock on the NYSE American.

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You will not have the opportunity to evaluate our future investments prior to purchasing shares of our Series A Preferred Stock.

Other
than the investments disclosed in any applicable prospectus or prospectus supplement prior to your investment, you will not have the opportunity
to evaluate the economic merits, transaction terms or other financial or operational data concerning our future investments that we have
not yet identified prior to purchasing shares of our Series A Preferred Stock. You must rely on the Manager and our Board to implement
our investment policies, to evaluate our investment opportunities and to structure the terms of our investments. We may invest in any
asset class, including those that present greater risk than residential assets. Because you cannot evaluate our future investments in
advance of purchasing shares of our Series A Preferred Stock, an offering of our Series A Preferred Stock may entail more risk than other
types of offerings. This additional risk may hinder your ability to achieve your own personal investment objectives related to portfolio
diversification, risk-adjusted investment returns and other objectives.

The payment of fees and expenses to the Manager and its affiliates and Bluerock Capital Markets, LLC (the “Dealer Manager”) reduces the cash available for distribution and increases the risk that you will not be able to recover the amount of your investment in shares of our stock.

The
Manager and the Dealer Manager perform services for us, including, among other things, the selection and acquisition of our investments,
the management of our assets, the disposition of our assets,