Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 10

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 10
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 building infrastructure across multiple markets, and without burdening
us with excessive operating and overhead costs.

For more information, see “Our Business
and Properties—Our Competitive Strengths.”

<div align='center'>3</div>

Growth Strategies

Our principal business objective
is to generate attractive risk-adjusted investment returns by assembling a portfolio of institutional residential properties including
single-family homes, build-to-rent communities, and other residential communities located across a diverse group of growth markets. By
implementing our investment strategies and our institutional-quality management, we expect to be able to achieve sustainable long-term
growth in both our FFO and NAV.

Value Creation Execution.
We acquire residential rental properties with potential for long-term value creation for our stockholders. We utilize the following internal
and external growth strategies to drive growth in FFO and NAV for our investors:

| · | Value-Add                                                                                                                            
 Renovation. We see significant potential for capital appreciation through renovation of existing assets. Our value-add strategy      
 focuses on working with our local experts to reposition lower-quality, less current assets and drive rent growth and expand margins, 
 increasing net operating income (“NOI”) and maximizing our return on investment.                                                     |

| · | Income and                                                                                                                              
 Appreciation.  We invest in well-located institutional residential properties with strong and stable cash flows in                      
 demographically attractive knowledge economy growth markets where we believe there exists significant potential for medium-term capital 
 appreciation through renovation or redevelopment, to reposition the asset and drive future rental growth.                               |

| · | Invest-to                                                                                                                              
 Own.  We selectively invest in the development of build-to rent and other residential properties in target markets                     
 where we believe we can capture significant development premiums upon completion. We generally make common equity investments or       
 use a preferred equity structure which provides income during the development stage and/or the ability to capture development premiums 
 at completion by exercising our conversion rights to take ownership.                                                                   |

| · | Institutional                                                                                                                         
 Property Management / NOI Margin Expansion. We expect to improve margins at our operating properties by deploying institutional       
 management approaches across the portfolio – including professional management, investment in technology platforms, and leveraging    
 economies of scale – to best position the portfolio for optimal rental growth. We seek to address operational inefficiencies,         
 revenue management and deferred capital maintenance at scale and to grow underlying cashflow through substantial NOI margin expansion 
 at stabilized properties. We will also provide an aggressive asset management presence, working alongside our network partners to     
 ensure optimal execution of the asset management plan,