Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 44

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 44
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satisfactory terms or at all. Our ability to make investments on favorable terms may be constrained by several factors including, but
not limited to, competition from other investors with significant capital, including other publicly traded REITs and institutional investment
funds, which may significantly increase investment costs; and/or the inability to finance an investment on favorable terms or at all.
The failure to identify or consummate investments on satisfactory terms, or at all, may impede our growth and negatively affect our cash
available for distribution to our stockholders.

Adverse economic conditions may negatively affect our results of operations and, as a result, our ability to make distributions to our stockholders or to realize appreciation in the value of our properties.

Our operating results may
be adversely affected by market and economic challenges, which may negatively affect our returns and profitability and, as a result, our
ability to make distributions to our stockholders or to realize appreciation in the value of our properties. These market and economic
challenges include, but are not limited to, the following:

| · | any future downturn in the U.S. economy and high unemployment could result in tenant defaults under leases, vacancies in our properties and concessions or reduced rental rates under new leases due to reduced demand. In addition, such downturns could result in reduced demand for residential rental properties, which may reduce home prices and make home purchases more affordable as an alternative to renting, which also may materially adversely reduce the demand for residential rental properties; |

| · | the rate of household formation or population growth in our target markets or a continued or exacerbated economic slow-down experienced by the local economies where our properties are located or by the real estate industry generally may result in changes in supply of or demand for our residential rental properties; and |

| · | the failure of the real estate market to attract the same level of capital investment in the future that it attracted at the time of our purchases or a reduction in the number of companies seeking to acquire properties may result in the value of our investments not appreciating or decreasing, possibly significantly, below the amount we pay for these investments. |

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The length and severity of
any economic slow-down or downturn cannot be predicted. Our operations and, as a result, our ability to make distributions to our stockholders
and/or our ability to realize appreciation in the value of our properties could be materially and adversely affected to the extent that
an economic slow-down or downturn is prolonged or becomes severe.

Our revenues are significantly influenced