Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 271

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 271
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 of the Series A Redeemable Preferred
Stock, any of the following has occurred and is continuing:

| · | a “person”                                                                                                                               
 or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange                         
 Act”), other than our company, its subsidiaries, and its and their employee benefit plans, has become the direct or indirect             
 “beneficial owner,” as defined in Rule 13d-3 under the Exchange Act, of our common equity                                                
 representing more than 50% of the total voting power of all outstanding shares of our common equity that are entitled to vote generally  
 in the election of directors (“Voting Stock”); provided, that notwithstanding the foregoing, such a transaction will                     
 not be deemed to involve a Change of Control if  (A) (i) we become a direct or indirect wholly-owned subsidiary                          
 of a holding company and (ii) the direct or indirect holders of the Voting Stock of such holding company immediately following           
 that transaction are substantially the same as the holders of our Voting Stock immediately prior to that transaction, or (B) immediately 
 prior to such transaction, such person or group, together with its or their related entities, including, without limitation, any         
 trust established for the benefit of such person or any member of such group or any family member thereof (collectively, an “Ownership   
 Group”), owned sufficient interests in the Operating Partnership such that the exercise by all or any members of such Ownership          
 Group of the Common Unit Redemption Right (as defined in Section 8.04(a) of the Second Amended and Restated Agreement of                 
 Limited Partnership of the Operating Partnership, as amended) with respect to such interests would result in all or any members of       
 such Ownership Group (individually or collectively) becoming the direct or indirect beneficial owner of our common equity representing   
 more than 50% of the total voting power of all outstanding shares of Voting Stock;                                                       |

| · | consummation                                                                                                                                 
 of any share exchange, consolidation or merger of our company or any other transaction or series of transactions pursuant to which           
 our common stock will be converted into cash, securities or other property, (1) other than any such transaction where the shares             
 of our common stock outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority         
 of the common stock of the surviving person or any direct or indirect parent company of the surviving person immediately after giving        
 effect to such