Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 276

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 276
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 up.

Except as described above,
holders of shares of Series A Redeemable Preferred Stock will not have any voting rights with respect to, and the consent of the
holders of shares of Series A Redeemable Preferred Stock is not required for, the taking of any corporate action, regardless of the
effect that such corporate action may have upon the powers, preferences, voting power or other rights or privileges of the Series A
Redeemable Preferred Stock.

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Liquidity Events. The
purchase of shares of our Series A Redeemable Preferred Stock is intended to be a long term investment. There is currently no public
trading market for shares of our Series A Redeemable Preferred Stock, and one may never exist. As a result, our shares of Series A
Redeemable Preferred Stock should be considered as having only limited liquidity and may be illiquid. If you sell your stock, any such
sales may be made at a loss. Further, except as necessary for us to maintain our qualification as a REIT as described in “--Restrictions
on Ownership and Transfer” above, we may not redeem the Series A Redeemable Preferred Stock prior to the date that is two years
following the date of original issuance of the shares of Series A Redeemable Preferred Stock to be redeemed. On and after such date,
we will have the right, but not the obligation, to redeem any or all outstanding shares of Series A Redeemable Preferred Stock, at
any time or from time to time, at a redemption price calculated and payable as described under “—6.0% Series A Redeemable
Preferred Stock -- Optional Redemption by the Company,” above, plus an amount equal to all accrued and unpaid dividends on such
Series A Redeemable Preferred Stock to and including the Redemption Date. There can be no assurance that we will ever exercise our
option to redeem any shares of Series A Redeemable Preferred Stock.

Exchange Listing. We
do not plan on making an application to list the shares of our Series A Redeemable Preferred Stock on the NYSE American, any other
national securities exchange or any other nationally recognized trading system.

Series B Redeemable Preferred Stock

The following is a brief description
of the terms of our Series B Redeemable Preferred Stock. The description of our Series B Redeemable Preferred Stock contained
herein does not purport to be complete and is qualified in its entirety by reference to the Articles Supplementary