Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 7

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 7
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 entire prospectus, including the more detailed information set forth under the caption “Risk Factors,” the Consolidated Financial Statements, including the related notes and schedules thereto, appearing in our Annual Report on Form 10-K for the year ended December 31, 2024, which is incorporated herein by reference, and any free writing prospectus provided or approved by us before investing in our Series B Redeemable Preferred Stock.

Unless the context otherwise requires or indicates, references in this prospectus to “us,” “we,” “our” or “the company” refer to Bluerock Homes Trust, Inc., a Maryland corporation, together with its consolidated subsidiaries, including, without limitation, Bluerock Residential Holdings, L.P., a Delaware limited partnership, which we refer to as our “Operating Partnership.” We refer to Bluerock Real Estate, L.L.C., a Delaware limited liability company, together with its affiliates, as Bluerock, and Bluerock Homes Manager, LLC, a Delaware limited liability company, as our Manager.

Our Company

We are an externally managed
REIT formed to assemble a portfolio of institutional residential properties including single-family homes, build-to-rent communities,
and other residential communities located in attractive markets with a focus on the knowledge-economy and high quality of life (“Knowledge/Quality”)
growth markets of the Sunbelt and Western United States. Our principal business objective is to generate attractive risk-adjusted returns
on investments where we believe we can drive growth in funds from operations (“FFO”) and net asset value (“NAV”)
by acquiring residential units, developing residential communities, and through Value-Add renovations. Our Value-Add strategy focuses
on repositioning lower-quality, less current assets to drive rent growth and expand margins to increase net operating income and maximize
returns to our investors.

Our target renter pool includes
the large cohort of rental-biased and debt-burdened millennials, among others, who are reaching their peak household-formation age, have
a propensity for renting for lifestyle or flexibility reasons, and/or who do not want or cannot afford the upfront and ongoing financial
commitments of home ownership.

We invest primarily through
control positions in joint ventures with a network of established private, regional owner-operators in proprietary, off-market transactions
across a broad market footprint, enabling us to execute our strategies across multiple markets and strategies. Where appropriate, we may
seek to increase our ownership of the venture to 100%, subsequent to the execution of the initial business