Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 60

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 60
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 our ability to make distributions to stockholders
and the trading price of our stock.

The ownership by our executive officers of interests representing a significant portion of our common stock on a fully diluted basis could allow our executive officers to exert significant influence over our company in a manner that may not be in the best interests of our other stockholders.

As of March 6, 2025,
our executive officers beneficially owned interests representing approximately 24.6% of the total economic interest in our Class A
common stock and Class C common stock on a fully diluted basis, where “on a fully diluted basis” assumes that all outstanding
OP Units, C-OP Units (as defined in the Partnership Agreement), LTIP Units, and C-LTIP Units (as defined in the Partnership Agreement),
whether vested or unvested, in each case are ultimately settled for shares of our common stock. In addition, as of March 6, 2025,
the aggregate voting power of our executive officers represented approximately 9.3% of the total voting power of our outstanding Class A
common stock and Class C common stock. As a result of our executive officers’ significant ownership in our company, our executive
officers will have significant influence over our affairs and could exercise such influence in a manner that is not in the best interests
of our other stockholders, including with respect to matters submitted to our stockholders for approval such as the election of directors
and any merger, consolidation or sale of all or substantially all of our assets. Our executive officers may have interests that differ
from our other stockholders, and may accordingly vote in ways that may not be consistent with the interests of those other stockholders.

Our executive officers will have competing demands on their time and attention.

Our executive officers have
competing demands on their respective time and attention, principally with respect to the provision of services to affiliates of our Manager.
Our executive officers are permitted to devote time to certain outside activities, so long as those duties and activities do not unreasonably
interfere with the performance of their respective duties.

We may use mortgage and other debt financing to acquire properties or interests in properties.

We may use mortgage and other
debt financing to acquire properties or interests in properties and otherwise incur other indebtedness, which increases our expenses and
could subject us to the risk of losing properties in foreclosure if our cash flow is insufficient to make loan payments.

We are permitted to acquire
real properties and other real estate-related investments, including entity acquisitions, by