Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 246

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 246
---
17)                    |     | Class A Common 
 Stock          |     |   227,071 |     |  5.84 | % |     |   227,071 |     |  1.80 | % |

* Less than 1%.

(1) The
address of each beneficial owner listed is 919 Third Avenue, 40th Floor, New York, New York 10022.

(2) Numbers
and percentages in the table are based on 3,889,613 vested shares of Class A common stock outstanding, 8,489 shares of Class C
common stock outstanding, 7,365,404 OP Units outstanding and 1,381,133 vested LTIP Units outstanding, in each case as of June 30,
2025, for a total of 12, 644,639 shares of vested Class A Common Stock, Class C Common Stock, OP Units and vested LTIP Units
outstanding. However, numbers and percentages do not include 413,356 remaining unvested LTIP Units outstanding as of June 30, 2025
as addressed in footnotes (5) through (13) below. Percentages for all named executive officers and directors as a group is based
on the combined total of all 12,644,639 shares of vested Class A Common Stock, Class C Common Stock, OP Units and vested LTIP
Units outstanding, as each is an equivalent unit of ownership.

(3) Percent
of Common Stock for each executive officer, director, and 5% stockholder is calculated using the combined total of all shares of vested
Class A common stock, Class C common stock, OP Units and vested LTIP Units owned by each such individual, as each is an equivalent
unit of ownership, relative to the combined total of 12,644,639 shares of vested Class A common stock, Class C common stock,
OP Units and LTIP Units outstanding as of June 30, 2025.

(4) In
addition, for estate planning purposes, certain irrevocable trusts associated with Mr. Kamfar, of which members of Mr. Kamfar’s
immediate family are the beneficiaries and of which Mr. Kamfar is neither a trustee nor a beneficiary, hold an aggregate of 4,753,551
OP Units.

(5) Total
includes 15,376 LTIP Units issued to the Manager as part of an initial staking grant on November 3, 2022 (