Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 111

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 111
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 market rates on interest-bearing securities, such as bonds, rise.

Our ability to pay dividends is limited by the requirements of Maryland law.

Our ability to pay dividends
on our common stock is limited by the laws of Maryland. Under applicable Maryland law, a Maryland corporation generally may not make a
distribution (including a dividend or redemption) if, after giving effect to the dividend, the corporation would not be able to pay its
debts as the debts become due in the usual course of business, or the corporation’s total assets would be less than the sum of its
total liabilities plus, unless the corporation’s charter provides otherwise, the amount that would be needed, if the corporation
were dissolved at the time of the dividend, to satisfy the preferential rights upon dissolution of stockholders whose preferential rights
are superior to those receiving the dividend. Accordingly, we generally may not make a distribution if, after giving effect to the distribution,
we would not be able to pay our debts as they become due in the usual course of business or our total assets would be less than the sum
of our total liabilities plus, unless our charter provides otherwise, the amount that would be needed to satisfy the preferential rights
upon dissolution of stockholders whose preferential rights are superior to those receiving the dividend. Any dividends or redemption payments
may be delayed or prohibited. As a result, the price of our common stock may decrease, which may have a material adverse effect on our
business, financial condition and results of operations.

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We may change our dividend policy, and the cash distributions you receive may be less frequent or lower in amount than you expect.

Future dividends will be declared
and paid at the discretion of our board of directors, and the amount and timing of dividends will depend upon cash generated by operating
activities, our business, financial condition, results of operations, capital requirements, annual distribution requirements under the
REIT provisions of the Code, and such other factors as our board of directors deems relevant. Our board of directors may change our dividend
policy at any time, and there can be no assurance as to the manner in which future dividends will be paid or that the current dividend
level will be maintained in future periods. We cannot assure you that we will consistently be able to generate sufficient available cash
flow to fund distributions on our Series A Redeemable Preferred Stock, nor can we assure you that sufficient cash will be available
to make distributions to you. We cannot predict the amount of distributions