Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 141

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 141
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In general, we believe our
available cash balances, cash flows from operations, proceeds from the offering of our Series A Preferred Stock, proceeds from the
Amended DB Credit Facility and KeyBank Credit Facility (as hereinafter defined, and collectively, the “revolving credit facilities”),
proceeds from our DST Program, proceeds from future mortgage debt financings for acquisitions and/or development projects, and other
financing arrangements will be sufficient to fund our liquidity requirements with respect to our existing portfolio for the next 12 months.
In general, we expect that our results related to our existing portfolio will improve in future periods as a result of anticipated future
investments in and acquisitions of residential properties and build-to-rent communities.

We believe we will be able
to meet our primary liquidity requirements going forward through, among other sources:

| · | $115.2 million                                                                                                                  
 in cash available at December 31, 2024;                                                                                         |
| · | capacity of $79 million,                                                                                                        
 of which approximately $13 million was available at December 31, 2024, on our revolving credit facilities;                      |
| · | proceeds from future                                                                                                            
 mortgage debt financings for acquisition and/or development projects;                                                           |
| · | cash generated from                                                                                                             
 operating activities; and                                                                                                       |
| · | proceeds from the offering                                                                                                      
 of our Series A Preferred Stock and potential offerings of common and preferred stock, as well as issuances of units of limited 
 partnership interest in our Operating Partnership (“OP Units”).                                                                 |

The following table summarizes our contractual obligations as of December 31, 2024 related to our mortgage notes secured by our properties and revolving credit facilities. At December 31, 2024, our estimated future required payments on these obligations were as follows (amounts in thousands):

|                                                                                  |     | Total |         |     | 2025 |         |     | 2026-2027 |        |     | 2028-2029 |         |     | Thereafter |         |
|:---------------------------------------------------------------------------------|:----|:------|--------:|:----|:-----|--------:|:----|:----------|-------:|:----|:----------|--------:|:----|:-----------|--------:|
| Mortgages Payable (Principal)                                                    |     | $     | 260,598 |     | $    |   1,871 |     | $         | 60,759 |