Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 61

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 61
---
 for approval such as the election of directors
and any merger, consolidation or sale of all or substantially all of our assets. Our executive officers may have interests that differ
from our other stockholders, and may accordingly vote in ways that may not be consistent with the interests of those other stockholders.

Our executive officers will have competing demands on their time and attention.

Our executive officers have
competing demands on their respective time and attention, principally with respect to the provision of services to affiliates of our Manager.
Our executive officers are permitted to devote time to certain outside activities, so long as those duties and activities do not unreasonably
interfere with the performance of their respective duties.

We may use mortgage and other debt financing to acquire properties or interests in properties.

We may use mortgage and other
debt financing to acquire properties or interests in properties and otherwise incur other indebtedness, which increases our expenses and
could subject us to the risk of losing properties in foreclosure if our cash flow is insufficient to make loan payments.

We are permitted to acquire
real properties and other real estate-related investments, including entity acquisitions, by assuming either existing financing secured
by the asset or by borrowing new funds. In addition, we may incur or increase our mortgage debt by obtaining loans secured by some or
all of our assets to obtain funds to acquire additional investments or to pay distributions to our stockholders. We also may borrow funds
if necessary to satisfy the requirement that we distribute at least 90% of our REIT taxable income, determined without regard to the deduction
for dividends paid and excluding net capital gains, to our stockholders annually, or otherwise as is necessary or advisable to assure
that we maintain our qualification as a REIT for U.S. federal income tax purposes.

<div align='center'>35</div>

There is no limit on the amount
we may invest in any single property or other asset or on the amount we can borrow to purchase any individual property or other investment.
If we mortgage a property and have insufficient cash flow to service the debt, we risk an event of default which may result in our lenders
foreclosing on the properties securing the mortgage.

If we cannot repay or refinance
loans incurred to purchase our properties, or interests therein, then we may lose our interests in the properties secured by the loans
we are unable to repay or refinance.

High levels of debt or increases in interest rates could increase the amount of any future loan payments, which could reduce the cash available for distribution to stockholders.