Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 61

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 61
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ary duty to you or the other stockholders and may not perform as expected
or desired.

In addition, while the section
entitled “Our Business and Properties” outlines our investment policies and generally describes our target portfolio, our
board of directors may make adjustments to these policies based on, among other things, prevailing real estate market conditions and
the availability of attractive investment opportunities. While we have no current intention of changing our investment policies, we may
not forego an attractive investment merely because it does not fit within our targeted asset class or portfolio composition. We may use
the proceeds of an offering to purchase or invest in any type of real estate which we determine is in the best interest of our stockholders.
As such, our actual portfolio composition may vary substantially from the target portfolio described in the section entitled “Our
Business and Properties.”

We are highly dependent on information systems and therefore systems failures, cybersecurity incidents or other technology disruptions could negatively impact our business.

Our operations are highly
dependent upon our information systems that support our business processes, including marketing, leasing, resident and vendor communication,
property management and work order processing, finance and intracompany communications throughout our operations. Certain critical components
of our information systems are dependent upon third-party providers and a significant portion of our business operations are conducted
over the internet. These systems and websites require access to telecommunications or the internet, each of which is subject to system
security risks, cybersecurity breaches, outages, and other risks. As a result, we could be severely impacted by a catastrophic occurrence,
such as a natural disaster or a terrorist attack, or a circumstance that disrupted access to telecommunications, the internet or operations
at our third-party providers, including viruses or experienced computer programmers that could penetrate network security defenses and
cause system failures and disruptions of operations. We have implemented processes, procedures and internal controls to help mitigate
cybersecurity risks and cyber intrusions, maintain the security and integrity of our information technology networks and related systems,
and manage the risk of a security breach or disruption, but these measures, as well as our increased awareness of the nature and extent
of a risk of a cyber incident, do not guarantee that our financial results, operations, business relationships or confidential information
will not be negatively impacted by such an incident. In addition, while we believe we utilize appropriate duplication and back-up procedures,
a significant outage in telecommunications, the internet or at our third-party providers could nonetheless negatively impact our operations.

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Our third-party service