Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 119

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 119
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 ERISA or the prohibited transactions of the Code, such as government plans or church plans, may be subject to similar requirements
under state law. The fiduciaries of such plans should satisfy themselves that the investment satisfies applicable law.

If our assets are deemed to be ERISA plan assets, the Manager and we may be exposed to liabilities under Title I of ERISA and the Internal Revenue Code.

In some circumstances where
an ERISA plan holds an interest in an entity, the assets of the entire entity are deemed to be ERISA plan assets unless an exception applies.
This is known as the “look-through rule.” Under those circumstances, the obligations and other responsibilities of plan sponsors,
plan fiduciaries and plan administrators, and of parties in interest and disqualified persons, under Title I of ERISA and Section 4975
of the Code, as applicable, may be applicable, and there may be liability under these and other provisions of ERISA and the Code. We believe
that our assets should not be treated as plan assets because the shares should qualify as “publicly-offered securities” that
are exempt from the look-through rules under applicable Treasury Regulations. We note, however, that because certain limitations
are imposed upon the transferability of shares so that we may maintain our qualification as a REIT, and perhaps for other reasons, it
is possible that this exemption may not apply. If that is the case, and if the Manager or we are exposed to liability under ERISA or the
Code, our performance and results of operations could be adversely affected. Prior to making an investment in us, you should consult with
your legal and other advisors concerning the impact of ERISA and the Code on your investment and our performance.

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CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS</div>

Statements included in this
prospectus that are not historical facts (including any statements concerning investment objectives, other plans and objectives of management
for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act; Section 27A of the Securities
Act of 1933, as amended, or the Securities Act; and pursuant to the Private Securities Litigation Reform Act of 1995. These statements
are only predictions. We caution that forward-looking statements are not guarantees. Actual events or our investments and results of