Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 8

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 8
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 delivering 
 returns for our investors; and                                                                                              |

| · | Opportunity                                                                                                                           
 to achieve ambitious growth and diversification goals via rapid deployment of capital and elimination of delays establishing a robust 
 on-the-ground presence in each new market we enter.                                                                                   |

The in-house asset management
team of our Manager and its affiliates works in tandem with our network members to oversee the implementation of each asset’s business
plan, including budgeting, capital expenditures, tenant improvements and financial performance. We believe that our network partners,
given their significant co-investment in the projects, provide superior management execution versus third-party fee-only management companies.
Notwithstanding the investments of each member of our network, we expect to maintain substantial control over these ventures, including
with respect to strategic decision-making.

For more information, see “Our Business
and Properties—Our Network Strategy.”

<div align='center'>2</div>

Our Competitive Strengths

We believe that our investment
strategy and operating model distinguishes us from other owners, operators, and acquirors of residential rental real estate in several
important ways.

Our Key Principals.
Our team offers significant breadth and depth in real estate operating and investment experience. Our team has successfully sourced,
structured, acquired and managed more than 50 million square feet of residential real estate investments in our target markets, totaling
approximately $15 billion in value, and bring an average of 30 years’ experience across multiple real estate and credit cycles.
We believe this experience will provide a competitive advantage, enabling us to grow the company and generate attractive risk-adjusted
returns for our stockholders. Our principals’ competitive strengths include:

| · | Expertise                                                                                                                        
 Across Our Target Markets. Our principals have significant experience structuring and investing in properties successfully in    
 our target markets, through multiple financial and real estate investment cycles, providing a breadth and depth of operating and 
 investment experience to help steer our investment strategy wisely;                                                              |

| · | Expertise                                                                                                                            
 Creating Value Across Our Investment Strategies and Various Capital Structures. Our principals have substantial experience executing 
 transactions and creating value across our value-add and development investment strategies, and across capital structures — equity,  
 preferred equity, and mezzanine — providing substantial flexibility to create value in transactions, subject                         
 to maintaining our qualification as a REIT;                                                                                          |

| · | Expertise                                                                                                                             
 in Corporate and Portfolio Transactions to Create Value. Our principals have executed large corporate and portfolio transactions,     
 including the