Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 422

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 422
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 in the company’s Current Report on Form 8-K, filed with the SEC on November 14, 2024.                                                   |

| (4) | The audited consolidated financial statements for Amira JV LP and Subsidiary, financial statements of real estate acquired for Amira 
 at Westly, and pro forma financial information for the company included in the company’s Current Report on Form 8-K/A, filed         
 with the SEC on January 16, 2025.                                                                                                    |

| (5) | The financial statements of real estate acquired for Allure at Southpark and pro forma financial information for the company included 
 in the company’s Current Report on Form 8-K/A, filed with the SEC on February 18, 2025.                                               |

| (6) | The financial statements of real estate acquired for Southern Pines Reserve and pro forma financial information for the company included 
 in the company’s Current Report on Form 8-K/A, filed with the SEC on July 1, 2025.                                                       |

| (7) | The audited consolidated financial statements of business acquired for Marble Capital Income and Impact Fund, LP and Subsidiaries,       
 unaudited consolidated financial statements of business acquired for Marble Capital Income and Impact Fund, LP and Subsidiaries, and pro 
 forma financial information for the company included in the company’s Current Report on Form 8-K/A, filed with the SEC on July 8,        
 2025.                                                                                                                                    |

| (8) | The consolidated financial statements of the company included in the company’s Quarterly Report on Form 10-Q for the three 
 months ended June 30, 2025 filed with the SEC on August 13, 2025.                                                          |

| (9) | The financial statements of real estate acquired for Skytop Apartments and pro forma financial information for the company included 
 in the company’s Current Report on Form 8-K, filed with the SEC on October 3, 2025.                                                 |

(b) Exhibits. See the Exhibit Index on
the page immediately following the signature page for a list of exhibits filed as part of this Registration Statement on Form S-11,
which Exhibit Index is incorporated herein by reference.

<div align='center'>II-8</div>

Item 37. Undertakings

Insofar as indemnification for liabilities arising
under the Securities Act of 1933, as amended (the “Act”) may be permitted to directors, officers and controlling persons of