Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 164

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 164
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 investments were approximately 94.0%
occupied.

<div align='center'>87</div>

The
following is a summary of our consolidated real estate investments as of December 31, 2024:

| Operating Investment Name                     
 Scattered Single-Family Homes                 |     | Market / Location     |     |   Number 
 of Units 
      (1) |     | Average    
 Year Built |           |     | Ownership 
 Interest  |     |   |     | Average   
 Rent  (2) |       |     | Occupancy       
 – All Units (3) |      |   |     | Occupancy –    
 Excluding Held 
 for Sale/Reno  
 Units (4)      |      |   |
|:----------------------------------------------|:----|:----------------------|:----|---------:|:----|:-----------|----------:|:----|:----------|----:|:--|:----|:----------|------:|:----|:----------------|-----:|:--|:----|:---------------|-----:|:--|
| Ballast                                       |     | AZ / CO / WA          |     |       84 |     |            |      1998 |     |           |  95 | % |     | $         | 2,077 |     |                 | 97.6 | % |     |                | 97.6 | % |
| Golden Pacific                                |     | IN / KS / MO          |     |      169 |     |            |      1977 |     |           |  97 | % |     |           | 1,788 |     |                 | 97.6 | % |     |                | 97.6 | % |
| ILE                                           |     | TX / SE US            |     |      478 |     |            |      1991 |     |           |  95 | % |     |           | 1,871 |     |                 | 89.7 | % |     |                | 91.5 | % |
| Indy-Springfield                              |     | IN / MO               |     |      323 |     |            |      1999 |     |           | 100 | % |     |           | 1,337 |     |                 | 93.8 | % |     |                | 96.2 | % |
| Peak JV 2                                     |     | Various / TX          |