Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 161

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 161
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                    |            |   |     |      |            |   |     |                   |            |   |     |      |            |   |
| FFO                                                                 
 attributable to common stockholders and unit holders - diluted      |     | $                  |      (0.31 | ) |     | $    |      (0.17 | ) |     | $                 |      (0.79 | ) |     | $    |      (0.17 | ) |
| CFFO                                                                
 attributable to common stockholders and unit holders - diluted      |     | $                  |      (0.03 | ) |     | $    |       0.20 |   |     | $                 |       0.09 |   |     | $    |       0.71 |   |
| Weighted                                                            
 average common shares and units outstanding - diluted               |     |                    | 12,689,829 |   |     |      | 12,324,022 |   |     |                   | 12,614,111 |   |     |      | 12,180,721 |   |

Operating cash flow, FFO
and CFFO may also be used to fund all or a portion of certain capitalizable items that are excluded from FFO and CFFO.

Presentation of this information
is intended to assist the reader in comparing the sustainability of the operating performance of different REITs, although it should
be noted that not all REITs calculate FFO or CFFO the same way, so comparisons with other REITs may not be meaningful. FFO or CFFO should
not be considered as an alternative to net income (loss) attributable to common stockholders or as an indication of our liquidity, nor
is either indicative of funds available to fund our cash needs, including our ability to make distributions. Both FFO and CFFO should
be reviewed in connection with other GAAP measurements.

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Distributions

| Declaration Date                        
 Class A common stock                    |     | Record Date        |     | Amount |          |     | Paid / Payable Date |
|:----------------------------------------|:----|:-------------------|:----|:-------|---------:|:----|:--------------------|
| March 11, 2025                          |     | March 25, 2025     |     | $      |    0.125 |     | April 4