Company: BHM
Filing Date: 2025-07-08
Form Type: 8-K/A
Source: 0001104659-25-066350
Chunk: 5

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: 8-K/A
Chunk 5
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 — |   |     |           |  38,696 |   |
| Total Noncontrolling Interests                                                                                                                                             |     |                | 346,107 |   |     |                       |       — |   |     |           | 346,107 |   |
| Total Equity                                                                                                                                                               |     |                | 483,221 |   |     |                       |       — |   |     |           | 483,221 |   |
| TOTAL LIABILITIES AND EQUITY                                                                                                                                               |     | $              | 964,371 |   |     | $                     |       — |   |     | $         | 964,371 |   |

<div align='center'>See Notes to Unaudited Pro Forma Condensed Consolidated
Balance Sheet

BLUEROCK HOMES TRUST, INC.

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET

AS OF MARCH 31, 2025</div>

| (a) | Historical consolidated financial information derived from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.                                      |
|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | The acquisition of a limited partnership interest (the “Marble Investment”) in Marble Capital Income and Impact Fund, LP (the “Marble Fund”) for a purchase price of $25 million. |

<div align='center'>BLUEROCK HOMES TRUST, INC.

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

FOR THE THREE MONTHS ENDED MARCH 31, 2025

(In thousands, except share and per share amounts)</div>

| Revenues                                                             |     | Bluerock Homes 
 Trust, Inc.    
 Historical     
 (a)            |           |   |     | Pro Forma   
 Adjustments 
 Marble      
 Investment  
 (b)         |     |     |    |     | Pro Forma 
 Total     |           |   |
|:---------------------------------------------------------------------|:----|:---------------|----------:|:--|:----|:------------|----:|:----|:---|:----|:----------|----------:|:--|
| Rental and other property revenues                                   |     | $              |    15,910 |   |     | $           |   — |     |    |