Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 76

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 76
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 Management Agreement. In addition, our Manager may retain independent contractors to provide various
services for our company, and you should note that such contractors will have no fiduciary duty to you or the other stockholders and may
not perform as expected or desired.

In
addition, while any applicable prospectus or prospectus supplement outlines our investment policies and generally describes our target
portfolio, our Board may make adjustments to these policies based on, among other things, prevailing real estate market conditions and
the availability of attractive investment opportunities. While we have no current intention of changing our investment policies, we may
not forego an attractive investment merely because it does not fit within our targeted asset class or portfolio composition. We may use
the proceeds of an offering to purchase or invest in any type of real estate which we determine is in the best interest of our stockholders.
As such, our actual portfolio composition may vary substantially from the target portfolio described in the applicable prospectus or prospectus
supplement.

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Table of Contents

We are highly dependent on information systems and therefore systems failures, cybersecurity incidents or other technology disruptions could negatively impact our business.

Our
operations are highly dependent upon our information systems that support our business processes, including marketing, leasing, resident
and vendor communication, property management and work order processing, finance and intracompany communications throughout our operations.
Certain critical components of our information systems are dependent upon third-party providers and a significant portion of our business
operations are conducted over the internet. These systems and websites require access to telecommunications or the internet, each of which
is subject to system security risks, cybersecurity breaches, outages, and other risks. As a result, we could be severely impacted by a
catastrophic occurrence, such as a natural disaster or a terrorist attack, or a circumstance that disrupted access to telecommunications,
the internet or operations at our third-party providers, including viruses or experienced computer programmers that could penetrate network
security defenses and cause system failures and disruptions of operations. We have implemented processes, procedures and internal controls
to help mitigate cybersecurity risks and cyber intrusions, maintain the security and integrity of our information technology networks
and related systems, and manage the risk of a security breach or disruption, but these measures, as well as our increased awareness of
the nature and extent of a risk of a cyber incident, do not guarantee that our financial results, operations, business relationships or
confidential information will not be negatively impacted by such an incident. In addition