Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 298

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 298
---
 we, as general
partner, will not be permitted to do any of the following except as expressly authorized in the partnership agreement:

| · | without the written consent of limited partners holding more than 66 2/3% of all of the outstanding Partnership Units held by limited partners other than us, take any action in contravention of an express prohibition or limitation contained in the partnership agreement; |

| · | enter into or conduct any business other than in connection with our role as general partner of our Operating Partnership and our operation as a REIT; |

| · | acquire an interest in real or personal property other than through our Operating Partnership; or |

| · | except as described in “—Restrictions on Mergers, Sales, Transfers and Other Significant Transactions,” withdraw from our Operating Partnership or transfer any portion of our general partnership interest. |

Restrictions on Mergers, Sales, Transfers and Other Significant Transactions

We will not be able to voluntarily
withdraw from our Operating Partnership or transfer or assign our general partnership interest in our Operating Partnership or engage
in any merger, consolidation or other combination, or sale of all, or substantially all, of our assets in a transaction which results
in a change of control of the company (as general partner) unless:

| · | we receive the consent of limited partners holding more than 50% of the Partnership Units held by the limited partners (other than those held by us or our subsidiaries); |

| · | as a result of such a transaction, all limited partners (other than us or our subsidiaries) holding Partnership Units will receive for each Partnership Unit an amount of cash, securities or other property equal in value to the amount of cash, securities or other property they would have received if their Partnership Units had been converted into shares of our common stock immediately prior to such transaction, provided that, if, in connection with the transaction, a purchase, tender or exchange offer shall have been made to, and accepted by, the holders of more than 50% of the outstanding shares of our common stock, each holder of OP Units (other than us or our subsidiaries) shall be given the option to exchange such OP Units for the greatest amount of cash, securities or other property that a limited partner would have received had it (A) exercised its redemption right (described below) and (B) sold, tendered or exchanged pursuant to the offer shares of our common stock received upon exercise of the redemption right immediately prior to the expiration of the offer; or |

| ·