Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 386

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 386
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We do not expect the actual
amount of expenses incurred in connection with this offering to exceed 1.25% of gross offering proceeds, though the amount of such expenses
may exceed the expected amount, as long as said expenses would not cause the cumulative selling commissions, placement fee and issuer
organization and offering expenses paid by us to exceed 15.0% of gross offering proceeds. This includes all expenses (other than selling
commissions and the placement fee) to be paid by us or on our behalf in connection with the qualification and registration of this offering
and the marketing and distribution of the shares of Series B Redeemable Preferred Stock, including, without limitation, expenses
for printing and amending registration statements or supplementing prospectuses, mailing and distributing costs, all advertising and marketing
expenses (including actual costs incurred for travel, meals and lodging for our employees to attend retail seminars hosted by broker-dealers
or bona fide training or educational meetings hosted by us), charges of transfer agents, registrars and experts and fees, expenses and
taxes related to the filing, registration and qualification, as necessary, of the sale of the shares of Series B Redeemable Preferred
Stock under federal and state laws, including taxes and fees and accountants’ and attorneys’ fees. All organization and offering
expenses, including selling commissions and the placement fee, are not expected to exceed 11.25% of the aggregate gross proceeds of this
offering, though the amount of such expenses may exceed the expected amount.

We will be responsible for
the expenses of issuance and distribution of the shares of Series B Redeemable Preferred Stock in this offering, including registration
fees, printing expenses and the company’s legal and accounting fees, which we estimate will total approximately $6.25 million (excluding
selling commissions and placement fees).

The obligations of the dealer
manager may be terminated in the event of a material adverse change in economic, political or financial conditions or upon the occurrence
of certain other conditions specified in the dealer manager agreement.

In the event our dealer manager
enters into a participating broker-dealer agreement that provides for less than a 7.0% selling commission to be paid to the participating
broker-dealer, we will reduce the public offering price per share of Series B Redeemable Preferred Stock on sales made by such participating
broker-dealer by an amount equal to the reduction in commissions paid to such participating broker-dealer. The net proceeds to us will
not be