Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 236

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 236
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 construction in process at the time of acquisition, and no development or construction
is planned to commence within one year of the acquisition.

Purchase and Sale of Investments

Our policy is to acquire
assets primarily for generation of current income and long-term value appreciation. We intend to hold our properties for an extended
period, and in consideration of the optimal period to enable us to, as appropriate, capitalize on the potential for increased income
and capital appreciation. The period that we will hold our investments will vary depending on the type of asset, interest rates and other
factors.

Our Manager will develop
a well-defined exit strategy for each investment. Our Manager will continually re-evaluate the exit strategy of each asset in response
to the performance of the individual asset, market conditions and our overall portfolio objectives, to determine the optimal time to
sell the asset in order to maximize stockholder value and returns. Periodic reviews of each asset will focus on the remaining available
value creation opportunities for the asset and the demand for the asset in the marketplace.

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Economic and market conditions
may influence us to hold our investments for different periods of time. We may sell an asset before the end of the expected holding period
if we believe that market conditions and asset positioning have maximized its value to us or the sale of the asset would otherwise be
in the best interests of our stockholders. Due to restrictions placed on dealer sales by REITs, we may, depending on the facts and circumstances,
need to make such sales through a TRS.

Joint Ventures

We also may participate with
third parties in property ownership and development, through joint ventures, partnerships or other types of co-ownership. These types
of investments may permit us to own interests in larger assets without unduly decreasing our diversification and, therefore, provide
us with flexibility in structuring our portfolio. We will not, however, enter into a joint venture or other partnership arrangement to
make an investment that would not otherwise meet our investment policies.

We may enter into joint ventures,
partnerships, tenant-in-common investments, other co-ownership arrangements with real estate developers, owners and other third parties,
including affiliates of our Manager, for the acquisition, development, improvement and operation of properties. A joint venture creates
an alignment of interest with a private source of capital for the benefit of our stockholders, by leveraging our acquisition, development
and management expertise in order to achieve one or more of the following four primary objectives:

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