Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 16

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 16
---
 Cultural Rights. We maintain a diverse board of directors, both by ethnicity and gender, and remain committed to ensuring the preservation
of human rights in our relationships with our employees, partners and tenants.

In the creation of our portfolio,
we are especially proud that we are able to address a critical and growing need for quality, well-managed and affordable homes in desirable
communities, striving to demonstrate the possibility of embracing both people and profits. As we discuss below, according to a study
by the Joint Center for Housing Studies of Harvard University (March 2024), rent-burdened households hit a record high in 2022,
as half of all households spent more than the recommended 30% of income on rent and utilities. Through our focus on the middle-income
and rent-burdened renter with our build-to-rent investment strategy, we are seeking to deliver a supply of affordable, well-maintained,
residential housing options, both for renters by choice as well as by necessity.

Governance: Corporate Governance. We have established a governance framework that fosters effective stewardship of investor and stockholder capital,
promotes an ethical and transparent approach to doing business, and encourages board diversity. We are committed to operating our business
under strong and accountable corporate governance practices and have structured our corporate governance in a manner that we believe
aligns our interests with those of our stockholders.

For more information, see “Our Business
and Properties—Our Environmental, Social and Governance Policies.”

Summary Risk Factors

An investment in our Series B Redeemable Preferred Stock involves a number of risks. See “Risk Factors,” beginning on page 17 of this prospectus. Some of the more significant risks include those set forth below.

Risks Related to Our Business, Properties and Industry

| · | Our current                                                                                                                            
 portfolio primarily consists of interests in residential properties, located primarily in markets in the Sunbelt and Western United    
 States. Any adverse developments in local economic conditions or the demand for residential properties in these markets may negatively 
 impact our results of operations.                                                                                                      |

<div align='center'>5</div>

| · | We have a limited                                                                                                                      
 operating history as an independent publicly-traded company, and our historical and pro forma financial information is not necessarily 
 representative of the results that we would have achieved as a separate, publicly traded company and may not be a reliable indicator   
 of our future results.                                                                                                                 |

| · | We may not                                                                       
 be successful in identifying and consummating