Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 9

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 9
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 affordability and low rent-to-income ratios that allow for future rent increases. |

| · | Favorable Business Climate. Regulatory conditions that attract, retain, and foster job growth and new business development including lower tax rates and right-to-work states. |

| · | Robust Infrastructure. Growing economic base driven by the presence of technology centers, major colleges and universities, healthcare, trade, next-generation high value-add manufacturing, government industries, and modern transportation facilities and networks. |

| · | Renter Demographics. The presence of a younger, more educated workforce with a high population of renters by choice. |

| · | High Quality of Life. Areas with abundant recreation, leisure, cultural, and entertainment options, highly rated school systems that appeal to young parents, and plentiful social opportunities including ample recreation and open space, all of which foster population growth and retention. Within our target markets, we focus on submarkets where members of our network have established relationships, transaction history, market knowledge and potential access to off-market investments, as well as an ability to direct property management and leasing operations efficiently. |

For more information, see “Our Business and
Properties—Our Target Markets.”

Our Network Strategy

We believe the most important
elements in successful investing in residential real estate are the ability to access attractive, proprietary deal flow, deep local market
knowledge to underwrite appropriately, as well as operational expertise and infrastructure to provide execution of the operating and value
creation strategies.

For this reason, we invest
primarily through controlling positions in joint ventures with members of our network, representing experienced regional owner-operators
across the nation. These relationships provide a wealth of seasoned market knowledge, along with access to a substantial, often proprietary,
transaction pipeline, extensive operating infrastructure, and the ability to execute in our target markets without the cost and logistical
burdens of maintaining our own local infrastructure across a broad footprint. Benefits of our network strategy include the following:

| · | Force multiplier sourcing effect that provides access to a sizable pool of attractive, off-market investment opportunities; |

| · | Deep intellectual capital and track record of success, enabling us to deliver a knowledge-based underwriting of the transaction; |

| · | Extensive operational infrastructure enabling us to deliver execution across multiple investment strategies and markets, without the cost and logistical burdens of maintaining our own infrastructure for those markets and strategies; |

| · | Substantial capital to invest alongside us, ensuring our partners’ interests are aligned with ours, particularly in terms of delivering returns for our investors; and |

| · |