Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 13

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 13
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 margins, 
 increasing net operating income (“NOI”) and maximizing our return on investment.                                                     |

| · | Income and                                                                                                                              
 Appreciation.  We invest in well-located institutional residential properties with strong and stable cash flows in                      
 demographically attractive knowledge economy growth markets where we believe there exists significant potential for medium-term capital 
 appreciation through renovation or redevelopment, to reposition the asset and drive future rental growth.                               |

| · | Invest-to                                                                                                                              
 Own.  We selectively invest in the development of build-to rent and other residential properties in target markets                     
 where we believe we can capture significant development premiums upon completion. We generally make common equity investments or       
 use a preferred equity structure which provides income during the development stage and/or the ability to capture development premiums 
 at completion by exercising our conversion rights to take ownership.                                                                   |

| · | Institutional                                                                                                                         
 Property Management / NOI Margin Expansion. We expect to improve margins at our operating properties by deploying institutional       
 management approaches across the portfolio – including professional management, investment in technology platforms, and leveraging    
 economies of scale – to best position the portfolio for optimal rental growth. We seek to address operational inefficiencies,         
 revenue management and deferred capital maintenance at scale and to grow underlying cashflow through substantial NOI margin expansion 
 at stabilized properties. We will also provide an aggressive asset management presence, working alongside our network partners to     
 ensure optimal execution of the asset management plan, enabling us to drive rent growth and values.                                   |

| · | Technology-Aided                                                                                                                           
 Platform. We have implemented a data warehouse, which provides us with real-time visibility into leasing, inventory, maintenance           
 and renovation metrics allowing us to quickly react to changes in current operational performance and monitor trends across our portfolio. 
 Further, we believe we will be able to utilize our data warehouse technology as a building block in the design and implementation          
 of a portfolio-wide revenue management system to further drive NOI and margin expansion. In addition, we utilize various PropTech          
 solutions to both acquire and maximize operational efficiency. Operational PropTech solutions include focus on streamlining value-add      
 initiatives, integrating smart-home technology, automating the lease process and providing the robust and coordinated maintenance          
 services.                                                                                                                                  |

Invest in Institutional Residential Properties.We intend to continue to acquire institutional residential properties targeting the high disposable
income renter by choice, where we believe we can create long-term value growth for our stockholders.

Focus on Growth Markets.We
intend to continue to focus on demographically attractive growth markets, which we define as markets with