Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 164

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 164
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all U.S. households and is expected to experience average population growth in excess of 10% between 2020 to 2030. Additional existing
markets include high-growth areas of the West (excluding California) and other markets with similar attractive demographics as warranted.
We believe that the diverse balance of larger and smaller markets within our core footprint, along with a strong current cash flow base
and value-add upside, will enable us to deliver attractive investment returns across a full economic cycle.

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We select and continuously
evaluate our target markets through an analysis of demographic data at both the market and submarket levels, which may include the following:

| · | Strong Economic Drivers. Economy characterized by growth industries and jobs of the future such as healthcare and technology, signaling near- and long-term employment growth, relatively low housing affordability and low rent-to-income ratios that allow for future rent increases. |

| · | Favorable Business Climate. Regulatory conditions that attract, retain, and foster job growth and new business development including lower tax rates and right-to-work states. |

| · | Robust Infrastructure. Growing economic base driven by the presence of technology centers, major colleges and universities, healthcare, trade, next-generation high value-add manufacturing, government industries, and modern transportation facilities and networks. |

| · | Renter Demographics. The presence of a younger, more educated workforce with a high population of renters by choice. |

| · | High Quality of Life. Areas with abundant recreation, leisure, cultural, and entertainment options, highly rated school systems that appeal to young parents, and plentiful social opportunities including ample recreation and open space, all of which foster population growth and retention. Within our target markets, we focus on submarkets where members of our network have established relationships, transaction history, market knowledge and potential access to off-market investments, as well as an ability to direct property management and leasing operations efficiently. |

Our Network Strategy

We believe the most important
elements in successful investing in residential real estate are the ability to access attractive, proprietary deal flow, deep local market
knowledge to underwrite appropriately, as well as operational expertise and infrastructure to provide execution of the operating and value
creation strategies.

For this reason, we invest
primarily through controlling positions in joint ventures with members of our network, representing experienced regional owner-operators
across the nation. These relationships provide a wealth of seasoned market knowledge, along with access to a substantial, often proprietary,
transaction pipeline, extensive operating infrastructure, and the