Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 235

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 235
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 10%, which costs are borne by the dealer manager without reimbursement by the company. For the six months ended June 30, 2025,
the company incurred $2.1 million in selling commissions and discounts and $0.9 million in dealer manager fees and discounts related to
its offering of Series A Redeemable Preferred Stock. In addition, the Manager was, or shall be, reimbursed for offering costs of
$0.7 million in conjunction with the offering of Series A Redeemable Preferred Stock during the six months ended June 30, 2025.
The selling commissions, dealer manager fees, discounts and reimbursements for offering costs were recorded as a reduction to the proceeds
of the offering.

Related Person Transaction Policy

Our board of directors has
adopted a written Related Person Transaction Policy, for which the audit committee oversees compliance. The purpose of this policy is
to describe the procedures used to identify, review and approve any existing or proposed transaction, arrangement, relationship (or series
of similar transactions, arrangements or relationships) in which (a) we, our Operating Partnership or any of our subsidiaries were,
are or will be a participant, (b) the aggregate amount involved exceeds $120,000, and (c) a related person has or will
have a direct or indirect interest. For purposes of this policy, a related person will be (i) any person who is, or at any time since
the beginning of the current fiscal year was, a director, director nominee, or executive officer of the company, (ii) any beneficial
owner of more than 5% of our stock, or (iii) any immediate family member of any of the foregoing persons.

Under this policy, our audit
committee is responsible for reviewing and approving or ratifying each related person transaction or proposed related person transaction.
In determining whether to approve or ratify a related person transaction, the audit committee is required to consider all relevant facts
and circumstances of the related person transaction available to the audit committee and to approve only those related person transactions
that are in the best interests of the company, as the audit committee determines in good faith. No member of the audit committee will
be permitted to participate in any consideration of a related person transaction with respect to which that member or any of his or her
immediate family is a related person. A copy of the Related Person Transaction Policy is available at www.bluerock.com/bluerock-homes-trust/governance-documents.

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