Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 234

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 234
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 Estate or Interests in Real Estate

We conduct all of our investment
activities through our operating partnership and its affiliates. We own and operate a diversified 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/Quality growth markets of the Sunbelt and Western United States, which we expect should have healthy long-term
demand fundamentals for residential rentals. For a discussion of our properties and other strategic objectives, see “Our Business
and Properties.”

We seek to acquire, recapitalize,
and develop properties in our target markets in accordance with our investment guidelines. Although we intend to focus on the property
types and markets discussed above under “Our Business and Properties,” our future investment activities will not be limited
to any geographic area, product type or to a specified percentage of our assets. While we may diversify in terms of property locations,
size and market, we do not have any limit on the amount or percentage of our assets that may be invested in any one property or any one
geographic area. We intend to engage in such future investment activities in a manner that is consistent with our status as a REIT for
U.S. federal income tax purposes. In addition, we intend to purchase or lease income-producing properties for long-term investment. We
may also expand and improve the properties we will own upon completion of this offering or that we may subsequently acquire, and we may
sell such properties, in whole or in part, when circumstances warrant.

We may make adjustments 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 might not forego an attractive investment merely because it does not
fit within our targeted asset class or portfolio composition. We may purchase or invest in any type of real estate that we determine is
in the best interest of our stockholders, subject to the provisions of our charter which limit certain types of investments.

We believe the probability
of meeting our investment objectives will be maximized through the careful selection and underwriting of assets. When considering an investment,
we will generally evaluate the following:

| · | the performance and                      
 risk characteristics of that investment; |

| · | how that investment                                  
 will fit within our target portfolio objectives; and |

| · | the expected returns                                  
 of that investment on a risk-adjusted basis, relative 
 to other investment alternatives.                     |

As such,