Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 65

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 65
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MGCL”) and our charter, our stockholders have a right to vote only on limited matters. See “Description
of Capital Stock.”

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Our Manager will be responsible
for the day-to-day operations of our company and the selection and management of investments and has broad discretion over the use of
proceeds from offerings of our securities. Accordingly, you should not purchase our securities unless you are willing to entrust all aspects
of the day-to-day management and the selection and management of investments to our Manager, who will manage our company in accordance
with the Management Agreement. In addition, our Manager may retain independent contractors to provide various services for our company,
and you should note that such contractors will have no fiduciary 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