Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 152

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 152
---
 Series A Preferred Stock (1) |     |               |   253 |     |      |    206 |
| OP Units                     |     |               |     — |     |      |  7,366 |
| LTIP / C-LTIP Units          |     |               |     — |     |      |  1,143 |
| Total First Quarter          |     | $             |   253 |     | $    | 12,594 |
| Second Quarter               |     |               |       |     |      |        |
| Series A Preferred Stock (1) |     | $             |   562 |     | $    |    396 |
| Total Second Quarter         |     | $             |   562 |     | $    |    396 |
| Third Quarter                |     |               |       |     |      |        |
| Series A Preferred Stock (1) |     | $             | 1,412 |     | $    |  1,129 |
| Total Third Quarter          |     | $             | 1,412 |     | $    |  1,129 |
| Fourth Quarter               |     |               |       |     |      |        |
| Series A Preferred Stock (1) |     | $             | 1,795 |     | $    |  1,726 |
| Total Fourth Quarter         |     | $             | 1,795 |     | $    |  1,726 |
| Total                        |     | $             | 4,022 |     | $    | 15,845 |

| (1) | Series A Preferred Stock amounts include the standard dividend at an annual rate of 6.0% of the Stated Value plus any special and enhanced special dividends. |

Critical Accounting Policies and Estimates

Below
is a discussion of the accounting policies that we consider critical to an understanding of our financial condition and operating results
that may require complex or significant judgment in their application or require estimates about matters which are inherently uncertain.

Principles of Consolidation and Basis of Presentation

We conduct our operations
through the Operating Partnership, of which we are the sole general partner. The consolidated financial statements include our accounts
and those of the Operating Partnership and its subsidiaries. As of December 31, 2024, limited partners other than the company owned approximately 69.48% of the common units of the Operating Partnership, of which 56.