Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 287

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 287
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 be deemed
to be valid notice. Each notice will state the following:

| · | the redemption 
 date;          |

| · | the redemption 
 price;         |

| · | the number                                                       
 of shares of Series B Redeemable Preferred Stock to be redeemed; |

| · | DTC’s                                                                                                          
 procedures for book entry transfer of Series B Redeemable Preferred Stock for payment of the redemption price; |

| · | that dividends                                                                                                    
 on the shares of Series B Redeemable Preferred Stock to be redeemed will cease to accrue on such redemption date; |

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| · | that payment                                                                                                                           
 of the redemption price and an amount equal to any accrued but unpaid dividends will be made upon book entry transfer of such Series B 
 Redeemable Preferred Stock in compliance with DTC’s procedures; and                                                                    |

| · | that the Series B                                                                                                                  
 Redeemable Preferred Stock is being redeemed pursuant to our mandatory redemption in connection with the occurrence of a Change of 
 Control and a brief description of the transaction or transactions constituting such Change of Control.                            |

If we (i) have given
a notice of redemption, (ii) have set apart sufficient funds for the redemption in trust for the benefit of the holders of the Series B
Redeemable Preferred Stock called for redemption and (iii) have given irrevocable instructions to pay the redemption price, then
from and after the redemption date, those shares of Series B Redeemable Preferred Stock will be treated as no longer being outstanding,
no further dividends will accrue and all other rights of the holders of those shares of Series B Redeemable Preferred Stock will
terminate. The holders of those shares of Series B Redeemable Preferred Stock will retain their right to receive the redemption
price for their shares and an amount equal to all accrued but unpaid cash dividends, if any, to and including the redemption date, without
interest.

The holders of Series B
Redeemable Preferred Stock at the close of business on a dividend record date will be entitled to receive the dividend payable with respect
to the Series B Redeemable Preferred Stock on the corresponding payment date notwithstanding the redemption of the Series B
Redeemable Preferred Stock between such record date and the corresponding payment date or our default in the payment of the dividend
due. Except as provided above, we will make no payment or allowance for unpaid cash dividends, whether or not in arrears, on Series B