Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 139

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 139
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 on our revolving credit facilities;                      |
| · | proceeds from future                                                                                                            
 mortgage debt financings for acquisition and/or development projects;                                                           |
| · | cash generated from                                                                                                             
 operating activities; and                                                                                                       |
| · | proceeds from the offering                                                                                                      
 of our Series A Preferred Stock and potential offerings of common and preferred stock, as well as issuances of units of limited 
 partnership interest in our Operating Partnership (“OP Units”).                                                                 |

The following table summarizes our contractual obligations as of December 31, 2024 related to our mortgage notes secured by our properties and revolving credit facilities. At December 31, 2024, our estimated future required payments on these obligations were as follows (amounts in thousands):

|                                                                                  |     | Total |         |     | 2025 |         |     | 2026-2027 |        |     | 2028-2029 |         |     | Thereafter |         |
|:---------------------------------------------------------------------------------|:----|:------|--------:|:----|:-----|--------:|:----|:----------|-------:|:----|:----------|--------:|:----|:-----------|--------:|
| Mortgages Payable (Principal)                                                    |     | $     | 260,598 |     | $    |   1,871 |     | $         | 60,759 |     | $         |  86,152 |     | $          | 111,816 |
| Revolving Credit Facilities                                                      |     |       | 121,000 |     |      | 121,000 |     |           |      — |     |           |       — |     |            |       — |
| Estimated Interest Payments on Mortgages Payable and Revolving Credit Facilities |     |       |  74,205 |     |      |  16,198 |     |           | 25,157 |     |           |  18,991 |     |            |  13,859 |
| Total                                                                            |     | $     | 455,803 |     | $    | 139,069 |     | $         | 85,916 |     | $         | 105,143 |     | $          | 125,675 |

Estimated interest payments
are based on the stated rates for mortgage notes payable assuming the interest rate in effect for the most recent quarter remains in
effect through the respective maturity dates.

As of December 31,
202