Company: BHM
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001104659-25-107769
Chunk: 57

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-06
Form: 424B3
Chunk 57
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 costs, including increased real property taxes, homeowners association (“HOA”) fees, maintenance, insurance and 
 utilities costs;                                                                                                          |

| ● | weather                                                                                   
 conditions that may increase or decrease energy costs and other weather-related expenses; |

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Table of Contents

| ● | oversupply                                                                                                     
 of rental housing or a reduction in demand for real estate in the markets in which our properties are located; |

| ● | development,                                                               
 redevelopment, and construction risks that could affect our profitability; |

| ● | costs                                                                  
 and time period required to convert acquisitions to rental properties; |

| ● | a                                                                                                                                         
 favorable interest rate environment that may result in a significant number of potential residents of our properties deciding to purchase 
 homes instead of renting;                                                                                                                 |

| ● | rules,                                                                                                                                     
 regulations and/or policy initiatives by government and private actors, including HOAs, to discourage or deter the purchase of residential 
 properties by entities owned or controlled by institutional investors;                                                                     |

| ● | our                                                                          
 ability to lease newly acquired or newly constructed residential properties; |

| ● | changes                                                                                                                                   
 in, or increased costs of compliance with, laws and/or governmental regulations, including those governing usage, zoning, the environment 
 and taxes;                                                                                                                                |

| ● | rent                                                                                                                                  
 control or stabilization laws, or other laws regulating rental housing, which could prevent us from raising rents to offset increases 
 in operating costs;                                                                                                                   |

| ● | the                                                                                                                                  
 board of directors’ determination as to timing and payment of dividends, and our ability to pay future distributions at the dividend 
 rates we have paid (if any);                                                                                                         |

| ● | our                                                                                               
 ability to qualify and maintain our qualification as a real estate investment trust (“REIT”); and |

| ● | litigation,                                                                               
 including costs associated with prosecuting or defending claims and any adverse outcomes. |

Any of the assumptions underlying forward-looking statements could be inaccurate. You are cautioned not to place undue reliance on any forward-looking statements included in this report. All forward-looking statements are made as of the date of this report and the risk that actual results will differ materially from the expectations expressed in this report will increase with the passage of time. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this report, whether as a result of new information, future events, changed circumstances or any other reason. The forward-looking statements should be read in light of the risk factors set forth in Item