Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 233

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 233
---
| Asset management fees                              |                                              |   |        86 |     |   |           35 |
| Other                                              |                                              |   |         7 |     |   |           23 |
| Total amounts payable to BR Amira DST Manager, LLC |                                              | $ |     2,153 |     | $ |        2,118 |

Selling Commissions and Dealer Manager Fees

In conjunction with the offering
of the company’s Series A Redeemable Preferred Stock, the company engaged a related party as dealer manager, and pays up to
10% of the gross offering proceeds from the offering as selling commissions and dealer manager fees. The dealer manager re-allows the
substantial majority of the selling commissions and dealer manager fees to participating broker-dealers and incurs costs in excess of
the 10%, which costs are borne by the dealer manager without reimbursement by the company. For the three months ended March 31,
2025, the company incurred $1.1 million in selling commissions and discounts and $0.5 million in dealer manager fees and discounts related
to its offering of Series A Redeemable Preferred Stock. In addition, the Manager was, or shall be, reimbursed for offering costs
of $0.3 million in conjunction with the offering of Series A Redeemable Preferred Stock during the three months ended March 31,
2025. The selling commissions, dealer manager fees, discounts and reimbursements for offering costs were recorded as a reduction to the
proceeds of the offering.

Related Person Transaction Policy

Our board of directors has
adopted a written Related Person Transaction Policy, for which the audit committee oversees compliance. The purpose of this policy is
to describe the procedures used to identify, review and approve any existing or proposed transaction, arrangement, relationship (or series
of similar transactions, arrangements or relationships) in which (a) we, our Operating Partnership or any of our subsidiaries were,
are or will be a participant, (b) the aggregate amount involved exceeds $120,000, and (c) a related person has or will
have a direct or indirect interest. For purposes of this policy, a related person will be (i) any person who is, or at any time
since the beginning of the current fiscal year was, a director, director nominee, or executive officer of the company, (ii) any
beneficial owner of more than 5% of our stock, or (iii) any immediate family member of any of