Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 5

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 5
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 the extent a participating broker-dealer reduces its selling commissions below 7.0%, the offering price per share of Series A Redeemable Preferred Stock will be decreased by an amount equal to such reduction. See “Plan of Distribution.”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

The dealer manager of this
offering is Bluerock Capital Markets, LLC, or Bluerock Capital Markets, an affiliate of our Manager. The dealer manager is not required
to sell any specific number or dollar amount of shares of Series A Redeemable Preferred Stock, but will use its “reasonable
best efforts” to sell the shares of Series A Redeemable Preferred Stock offered. The minimum permitted purchase is generally
$5,000, but purchases of less than $5,000 may be made in the sole discretion of the dealer manager. We expect to sell up to 20,000,000 shares
of our Series A Redeemable Preferred Stock in this offering by June 28, 2025, which may be extended through June 28, 2026,
in our sole discretion. If we extend the offering period beyond June 28, 2025, we will supplement the prospectus accordingly. It
is our intent, however, to conduct a continuous offering of shares of our Series A Redeemable Preferred Stock for an indefinite period
of time by filing for additional offerings thereof, subject to regulatory approval and continued compliance with the rules and regulations
of the Securities and Exchange Commission and applicable state laws. Our board of directors may elect to terminate this offering at any
time.

We will sell shares of our
Series A Redeemable Preferred Stock through Depository Trust Company, or DTC, settlement, or DTC Settlement; or, under special circumstances,
through Direct Registration System settlement, or DRS Settlement. See the section entitled “Plan of Distribution” in this
prospectus for a description of these settlement methods.

<div align='center'>Bluerock Capital Markets, LLCas Dealer Manager

Prospectus dated , 2025

4

TABLE OF CONTENTS</div>

| PROSPECTUS SUMMARY                                                                    |     |   6 |
| RISK FACTORS                                                                          |     |  22 |
| CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS                            |     |  59 |
| ESTIMATED USE OF PROCEEDS                                                             |     |  61 |
| DISTRIBUTION POLICY                                                                   |     |  63 |
| MANAGEMENT’S DIS