Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 278

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 278
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 discretion
will be directed, in substantial part, by its obligation to cause us to comply with the REIT requirements. Because we may receive income
from interest or rents at various times during our fiscal year, and because our board may take various factors into consideration in setting
distributions, distributions may not reflect our income earned in any particular distribution period and may be made in advance of actual
receipt of funds in an attempt to make distributions relatively uniform. We are authorized to borrow money, issue new securities or sell
assets in order to make distributions. There are no restrictions on the ability of our Operating Partnership to transfer funds to us.
The use of sources other than cash flows from operating activities to fund distributions and the ultimate repayment of any liabilities
incurred, as well as the payment of distributions in excess of our funds from operations, or “FFO,” could adversely impact
our ability to pay distributions in future periods, decrease the amount of cash we have available for operations and new investments and
potentially reduce your overall return and adversely impact and dilute the value of your investment in shares of our Series A Redeemable
Preferred Stock, which would be reflected when we establish an estimated per share value of each class of our Series A Redeemable
Preferred Stock. For a discussion of various risks relating to the payment and source of distributions, see “Risk Factors—Risks
Related to This Offering— Dividend payments on the Series A Redeemable Preferred Stock are not guaranteed” and “—We
may have difficulty completely funding our distributions with funds provided by cash flows from operating activities; therefore, we may
use cash flows from financing activities, which may include borrowings and net proceeds from shares sold in this offering or our common
stock offering, proceeds from the issuance of additional shares under any future common stock distribution reinvestment plan, cash resulting
from a waiver or deferral of fees by the Manager, or other sources to fund distributions to our stockholders. The use of these sources
to pay distributions and the ultimate repayment of any liabilities incurred could adversely impact our ability to pay distributions in
future periods, decrease the amount of cash we have available for operations and new investments and/or potentially impact the value or
result in dilution of your investment by creating future liabilities, reducing the return on your investment or otherwise.”

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Amounts available for distributions
will be affected by our expenses, including any fees paid and distributions made to the Manager and any of its affiliates. The amounts