Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 371

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 371
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 on achievement of a sales target. The value of such items will be considered underwriting compensation in connection with
this offering. The combined selling commissions, placement fee and such non-cash compensation under this offering will not exceed FINRA’s
10.0% cap. Our dealer manager will repay to the company any excess payments made to our dealer manager over FINRA’s 10.0% cap if
this offering is abruptly terminated before reaching the maximum amount of offering proceeds. The dealer manager’s legal expenses
will be paid by the dealer manager from the placement fee.

To the extent permitted by
law and our charter, we will indemnify the participating broker-dealers and Bluerock Capital Markets against certain civil liabilities,
including certain liabilities arising under the Securities Act and liabilities arising from breaches of our representations and warranties
contained in the dealer manager agreement. However, the SEC takes the position that indemnification against liabilities arising under
the Securities Act is against public policy and is not enforceable.

<div align='center'>178</div>

We do not expect the actual
amount of expenses incurred in connection with this offering to exceed 1.25% of gross offering proceeds, though the amount of such expenses
may exceed the expected amount, as long as said expenses would not cause the cumulative selling commissions, placement fee and issuer
organization and offering expenses paid by us to exceed 15.0% of gross offering proceeds. This includes all expenses (other than selling
commissions and the placement fee) to be paid by us or on our behalf in connection with the qualification and registration of this offering
and the marketing and distribution of the shares of Series A Redeemable Preferred Stock, including, without limitation, expenses
for printing and amending registration statements or supplementing prospectuses, mailing and distributing costs, all advertising and marketing
expenses (including actual costs incurred for travel, meals and lodging for our employees to attend retail seminars hosted by broker-dealers
or bona fide training or educational meetings hosted by us), charges of transfer agents, registrars and experts and fees, expenses and
taxes related to the filing, registration and qualification, as necessary, of the sale of the shares of Series A Redeemable Preferred
Stock under federal and state laws, including taxes and fees and accountants’ and attorneys’ fees. All organization and offering
expenses, including selling commissions and the placement fee, are not expected to exceed 11.25% of the aggregate gross proceeds of this
offering, though the amount of such expenses