Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 256

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 256
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 |   |
| Par                                                               
 Sanda                                                             
 501 N. Birch Rd, Unit 3                                           
 Fort Lauderdale, FL 33304(14)                                     |     | Class A Common Stock |     |            |   571,042 |     |          | 14.68 | % |            |   571,042 |     |          |  4.47 | % |
| The                                                               
 Radoff Family Foundation                                          
 2727 Kirby Drive, Unit 29L                                        
 Houston, TX 77098(15)                                             |     | Class A Common Stock |     |            |   344,800 |     |          |  8.86 | % |            |   344,800 |     |          |  2.70 | % |
| Hedgehog                                                          
 Capital LLC                                                       
 1117 E. Putnam Ave #320                                           
 Riverside, CT 06878(16)                                           |     | Class A Common Stock |     |            |   340,756 |     |          |  8.76 | % |            |   340,756 |     |          |  2.67 | % |
| Quinn                                                             
 Opportunity Partners LLC                                          
 2 Boars Head Place, Suite 250                                     
 Charlottesville, VA 22903(17)                                     |     | Class A Common Stock |     |            |   227,071 |     |          |  5.84 | % |            |   227,071 |     |          |  1.78 | % |

* Less
than 1%.

(1) The
address of each beneficial owner listed is 919 Third Avenue, 40th Floor, New York, New York 10022.

<div align='center'>162</div>

(2) Numbers
and percentages in the table are based on 3,889,613 vested shares of Class A common stock outstanding, 8,489 shares of Class C
common stock outstanding, 7,365,404 OP Units outstanding, and 1,500,636 vested LTIP Units outstanding, in each case as of November 18,
2025, for a total of 12,764,142 shares of vested Class A Common Stock, Class C Common Stock, OP Units and LTIP Units outstanding.
However, numbers and percentages do not include 313,027 remaining unvested LTIP Units outstanding as of November 18, 2025, comprised