Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 149

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 149
---
140 |   |     |      |        200 |   |
| Other income, net                                                   |     |      |       (330 | ) |     |      |       (679 | ) |
| Non-cash equity compensation                                        |     |      |      6,872 |   |     |      |     13,040 |   |
| Preferred stock accretion                                           |     |      |        244 |   |     |      |          — |   |
| Adjustment for partially owned properties’ noncontrolling interests |     |      |       (387 | ) |     |      |       (627 | ) |
| CFFO attributable to common stockholders and unit holders           |     | $    |      9,680 |   |     | $    |     20,945 |   |
| Per Share and Unit Information:                                     |     |      |            |   |     |      |            |   |
| FFO attributable to common stockholders and unit holders – diluted  |     | $    |      (0.24 | ) |     | $    |       0.12 |   |
| CFFO attributable to common stockholders and unit holders – diluted |     | $    |       0.79 |   |     | $    |       1.82 |   |
| Weighted average common shares and units outstanding – diluted      |     |      | 12,247,598 |   |     |      | 11,537,120 |   |

Operating cash flow, FFO
and CFFO may also be used to fund all or a portion of certain capitalizable items that are excluded from FFO and CFFO.

Presentation
of this information is intended to assist the reader in comparing the sustainability of the operating performance of different REITs,
although it should be noted that not all REITs calculate FFO or CFFO the same way, so comparisons with other REITs may not be meaningful. FFO
or CFFO should not be considered as an alternative to net income (loss) attributable to common stockholders or as an indication of our
liquidity, nor is either indicative of funds available to fund our cash needs, including our ability to make distributions. Both
FFO and CFFO should be reviewed in connection with other GAAP measurements.

<div align='center'>75</div>

Distributions

| Declaration Date                                 
 Class A common stock Special Dividend