Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 19

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 19
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 |    (4,503 | ) |     | $               | (1,088 | ) |    |     | $         |    (5,591 | ) |
| Loss per common share (f)                               |     |                |           |   |     |                 |        |   |    |     |           |           |   |
| Net loss per common share – Basic                       |     | $              |     (1.30 | ) |     |                 |        |   |    |     | $         |     (0.73 | ) |
| Net loss per common share – Diluted                     |     | $              |     (1.30 | ) |     |                 |        |   |    |     | $         |     (0.73 | ) |
| Weighted average basic common shares outstanding        |     |                | 3,845,349 |   |     |                 |        |   |    |     |           | 3,845,349 |   |
| Weighted average diluted common shares outstanding      |     |                | 3,845,349 |   |     |                 |        |   |    |     |           | 3,845,349 |   |

<div align='center'>See Notes to Unaudited Pro Forma Condensed Consolidated
Statement of Operations

BLUEROCK HOMES TRUST, INC.

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE YEAR ENDED DECEMBER 31, 2023</div>

| (a) 
 (b) | Historical consolidated                                                                                                                      
 financial information derived from the Company’s Annual Report on Form 10-K as of December 31, 2023.                                         
 Represents adjustments to the Company’s                                                                                                      
 historical operations to give effect to the purchase of Amira at Westly on October 31, 2024 as if these assets had been acquired on January  
 1, 2023. Pro forma adjustments to the Company’s historical results for the year ended December 31, 2023 include adjustments to the           
 following: property management and asset management fees, depreciation and amortization, interest expense, and the operating partnership     
 units’ interest.                                                                                                                             
 Amounts shown for rental and other property revenues                                                                                         
 and property operating expenses reflect the property’s actual results of operations (historical operations) and have not been adjusted.      |
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