Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 233

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 233
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 |       |
|:---------------------------------------------------|:----|:-----|------:|
| One-time acquisition fee                           |     | $    | 2,083 |
| Asset management fees                              |     |      |    35 |
| Total amounts payable to BR Amira DST Manager, LLC |     | $    | 2,118 |

Selling Commissions and Dealer Manager Fees

In conjunction with the offering
of the company’s Series A Preferred Stock, the company engaged a related party as dealer manager, and pays up to 10% of the
gross offering proceeds from the offering as selling commissions and dealer manager fees. The dealer manager re-allows the substantial
majority of the selling commissions and dealer manager fees to participating broker-dealers and incurs costs in excess of the 10%, which
costs are borne by the dealer manager without reimbursement by the company. For the year ended December 31, 2024, the company incurred
$7.3 million in selling commissions and discounts and $3.1 million in dealer manager fees and discounts related to its offering of Series A
Preferred Stock. In addition, the Manager was, or shall be, reimbursed for offering costs of $1.0 million in conjunction with the offering
of Series A Preferred Stock during the year ended December 31, 2024. 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