Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 246

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 246
---
 and applicable law. We do
not have a policy limiting our ability to make loans to other persons. Subject to REIT qualification rules, we may consider offering
purchase money financing in connection with the sale of properties when providing that financing will increase the value to be received
by us for the property sold. We may make loans to joint-development projects in which we may participate in the future. We have not engaged
in any lending activities in the past, and we do not intend to do so in the future.

Policies with Respect to Issuance and Underwriting of Securities

We have authority to offer
common stock, preferred stock or options to purchase stock in exchange for property, and we may engage in such activities in the future.
Our board of directors has the power, without further stockholder approval, to amend our charter from time to time to increase or decrease
the number of authorized shares of common stock or preferred stock, or otherwise raise capital, including through the issuance of senior
securities, in any manner and on such terms and for such consideration, it deems appropriate, including in exchange for property. See
“Description of Capital Stock.” We have not engaged in trading, underwriting or agency distribution or sale of securities
of other issuers and do not intend to do so.

Reporting Policies

We are subject to the information
reporting requirements of the Exchange Act. Pursuant to these requirements, we file periodic reports, proxy statements and other information,
including audited financial statements, with the SEC. See “Additional Information.”

<div align='center'>120

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</div>

The table below sets forth,
as of September 30, 2025, certain information regarding the beneficial ownership of shares of our Class A common stock, shares
of our Class C common stock, and shares of common stock issuable upon redemption of OP Units and LTIP Units, for (1) each person
known to be the beneficial owner of 5% or more of our outstanding shares of common stock, (2) each of our directors and named executive
officers, and (3) all of our directors and named executive officers as a group. Each person named in the table has sole voting and
investment power with respect to all of the shares of common stock shown as beneficially owned by such person, except as otherwise set
forth in the notes to the table.

The SEC has defined “beneficial
ownership” of a security to