Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 68

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 68
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of infectious diseases), may also contribute to increased market volatility and economic uncertainties or deterioration in the U.S. and
worldwide. Such events, including trade tensions between the United States and China, other uncertainties regarding actual and potential
shifts in U.S. and foreign, trade, economic and other policies with other countries, the Russia-Ukraine war and more recently the Israel-Hamas
war, and health epidemics and pandemics, could adversely affect our business, financial condition or results of operations. These market
and economic disruptions could negatively impact the operating results of our portfolio companies.

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Our business, results of operations, financial condition, and cash flows may be adversely affected by pandemics and outbreaks of infectious disease, which may include COVID-19.

The market and economic challenges
created by any future local, regional, national or international outbreaks of infectious disease, which may include COVID-19 and its variants,
MERS, SARS, H1N1 influenza virus, avian flu or any other similar illness, and measures taken by governmental authorities and private actors
to limit the spread or mitigate the impact thereof, may adversely impact our business, results of operations, financial condition, and
cash flows. We depend on rental revenues and other property income from residents for substantially all of our revenues. Future outbreaks
of highly infectious or contagious diseases may interfere with the ability of our residents to meet their lease obligations and make their
rent payments on time or at all, and may also result in decreased overall demand for residential rental properties and/or occupancy thereof.
The occurrence of such events may also result in a general decline in business activity and demand for real estate transactions could
adversely affect (1) our ability to acquire or dispose of residential rental properties on terms that are attractive or at all, and
(2) the value of our residential properties and our business such that we may recognize impairment on the carrying value of our investments
in residential rental properties and other assets subject to impairment review, including, but not limited to, goodwill. While we have
taken steps to mitigate the potential impact of any future outbreaks of highly infectious diseases on our results of operations, there
can be no assurance that these efforts will be successful.

We may acquire co-ownership interests in property that are subject to certain co-ownership agreements which may have an adverse effect on our results of operations, relative to if the co-ownership agreements did not exist.

We may acquire co-ownership
interests, especially in