Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 137

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 137
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-month Term SOFR rate plus two percent, subject to a 6.5% minimum and an 8.5% maximum annual rate, calculated
and paid monthly. The Series A Preferred Dividends and enhanced special dividends for the months of January and February were paid in
cash on February 5, 2025 and March 5, 2025, respectively, with the March dividends to be paid in cash on April 4, 2025.

On
March 11, 2025, we declared, and our Board previously authorized, quarterly cash dividends of $0.125 per share, or $0.50 per share annually,
for our Class A common stock and Class C common stock for each quarter of fiscal year 2025. The common stock dividends will be payable
quarterly to the stockholders of record as of (i) March 25, 2025, (ii) June 25, 2025, (iii) September 25, 2025, and (iv) December 24,
2025, which will be paid in cash on (i) April 4, 2025, (ii) July 3, 2025, (iii) October 3, 2025, and (iv) January 5, 2026, respectively.

Return of Capital

For
the year ended December 31, 2024, 100% of the distributions received by the common stockholders were classified as a return of capital.
The distributions received by the preferred stockholders were classified for income tax purposes as 8.0406% ordinary, 30.4154% as a return
of capital, and 61.5440% as capital gains, with 30.2646% of the capital gains qualifying as long-term capital gains and 69.7354% qualifying
as Section 1250 gains. For the year ended December 31, 2023, 100% of the distributions received by both the common and preferred stockholders
were classified as capital gains for income tax purposes and none were a return of capital, with 0.4022% and 0.5665% of the capital gains
qualifying as Section 1250 gains for the common and preferred stockholders, respectively.

Unregistered Sales of Equity Securities

We
previously disclosed our issuances during the years ended December 31, 2024 and 2023 of equity securities that were not registered under
the Securities Act