Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 41

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 41
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 business and investment strategy. With respect to any such disposition,
the purchaser may default on payment or otherwise breach the terms of the relevant purchase agreement, and it may be difficult for us
to pursue remedies against such purchaser or retain or resume possession of the relevant properties. To the extent we pursue such remedies,
we may not be able to successfully prevail against the purchaser.

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We depend on our residents and their willingness to meet their lease obligations and renew their leases for substantially all of our revenues. Poor resident selection, defaults, and nonrenewals by our residents may adversely affect our reputation, financial performance, and ability to make distributions to our stockholders.

We depend on rental income
from residents for substantially all of our revenues. As a result, our success depends in large part upon our ability to attract and
retain qualified residents for our properties. Our reputation, financial performance, and ability to make distributions to our stockholders
would be adversely affected if a significant number of our residents fail to meet their lease obligations or fail to renew their leases.
For example, residents may default on rent payments, make unreasonable and repeated demands for service or improvements, make unsupported
or unjustified complaints to regulatory or political authorities, use our properties for illegal purposes, damage or make unauthorized
structural changes to our properties that are not covered by security deposits, refuse to leave the property upon termination of the
lease, engage in domestic violence or similar disturbances, disturb nearby residents with noise, trash, odors, or eyesores, fail to comply
with HOA regulations, sublet to less desirable individuals in violation of our lease, or permit unauthorized persons to live with them.
Additionally, any future outbreaks of infectious disease, which may include COVID-19 or a future pandemic, as well as measures taken
by governmental authorities and private actors to limit the spread or mitigate the impact thereof, may interfere with the ability of
some of our residents to meet their lease obligations and make their rent payments on time or at all. In such event, jurisdictions and
other local and national authorities may impose restrictions on our ability to enforce residents’ contractual rental obligations
and/or to increase rents. See “—Our business, results of operations, financial condition, and cash flows may be adversely
affected by pandemics and outbreaks of infectious disease, which may include COVID-19.”

Damage to our properties
may delay re-leasing after eviction, necessitate expensive repairs, or impair the rental income or value of the property resulting in
a lower