ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT The information set forth in

CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT On August 27, 2026, Bluerock Homes Trust, Inc. (the “Company”), through a subsidiary of Bluerock Residential Holdings, L.P., its operating partnership, provided a secured loan in the principal amount of $33,088,000 (the “Loan”) to BR HPE ZC Investment Co, LLC (the “Depositor”), a wholly owned subsidiary of BAM RK DST Investor, LLC, which is a wholly owned subsidiary of Bluerock As…

UNREGISTERED SALES OF EQUITY SECURITIES Securities for Services Base Management Fee As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (as amended by that certain Amendment to Management Agreement dated January 10, 2023 and that certain Second Amendment to Management Agreement dated Febr…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Disposition of Ballast Units Prior to 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) entered into a joint venture with an unaffiliated third party to acquire single-family residential units located in Arizona, Colorado, and Washington, collectively known as the Ballast portfolio. The Company holds a 95% interest in the joint venture. During the period of January 1, 2026 through June 2, 2026, the Company completed the…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Disposition of Golden Pacific Units Prior to 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) entered into a joint venture with an unaffiliated third party to acquire single-family residential units located in Indiana, Kansas and Missouri, collectively known as the Golden Pacific portfolio. The Company holds a 97% interest in the joint venture. During the period of January 1, 2026 through May 27, 2026, the Company comp…

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (the “Original Management Agreement”) with its operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the “Operating Partnership”), and its external manager,…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Disposition of Ballast Units Prior to 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) entered into a joint venture with an unaffiliated third party to acquire single-family residential units located in Arizona, Colorado, and Washington, collectively known as the Ballast portfolio. The Company holds a 95% interest in the joint venture. During the period of January 1, 2026 through June 2, 2026, the Company completed the…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Disposition of Golden Pacific Units Prior to 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) entered into a joint venture with an unaffiliated third party to acquire single-family residential units located in Indiana, Kansas and Missouri, collectively known as the Golden Pacific portfolio. The Company holds a 97% interest in the joint venture. During the period of January 1, 2026 through May 27, 2026, the Company comp…

UNREGISTERED SALES OF EQUITY SECURITIES Securities for Services Base Management Fee As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (as amended by that certain Amendment to Management Agreement dated January 10, 2023 and that certain Second Amendment to Management Agreement dated Febr…

UNREGISTERED SALES OF EQUITY SECURITIES Annual Long-Term Equity Incentive Grants to Certain Employees of Manager On April 1, 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) issued an aggregate of 108,699 long-term incentive plan units (“LTIP Units”) in the Company’s operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the “Operating Partnership”), pursuant to the Company’s Amended and Restated Equity Incentive Plan for Individual…

OTHER EVENTS On October 8, 2025, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) filed a registration statement on Form S-11 (Registration No. 333-290772), which was subsequently declared effective by the Securities and Exchange Commission (the “SEC”) on December 10, 2025 (the “Registration Statement”). On March 12, 2026, the Company filed Post-Effective Amendment No. 1 on Form S-11 to the Registration Statement pursuant to Section 10(a)(3) of the Securities Act of 1933, as…

UNREGISTERED SALES OF EQUITY SECURITIES Securities for Services Base Management Fee As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (as amended by that certain Amendment to Management Agreement dated January 10, 2023 and that certain Second Amendment to Management Agreement dated Febr…

OTHER EVENTS On February 10, 2026, the board of directors (the “Board of Directors”) of Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), authorized a new plan for the repurchase, from time to time commencing on March 1, 2026, of up to an aggregate of $10.0 million in shares of the Company’s Class A common stock, par value of $0.01 per share (the “Class A Common Stock”), to be conducted in accordance with the requirements of Rule 10b-18 of the Securities Exchange Act of 1934…

UNREGISTERED SALES OF EQUITY SECURITIES On January 1, 2026, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) granted 7,824 long-term incentive plan units (“LTIP Units”) of the Company’s operating partnership, Bluerock Residential Holdings, L.P. (the “Operating Partnership”), to each of Elizabeth Harrison, Kamal Jafarnia, I. Bobby Majumder, and Romano Tio, the non-employee members of the Company’s board of directors, in payment of the equity portion of their respective annual…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Acquisition of Parkview Property On December 18, 2025, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), through BHM Parkview Exchange TRS, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company’s operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the “Operating Partnership”), made an investment of approximately $21.3 million in BHM Parkview Investment Co…

UNREGISTERED SALES OF EQUITY SECURITIES Securities for Services Base Management Fee As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (as amended by that certain Amendment to Management Agreement dated January 10, 2023 and that certain Second Amendment to Management Agreement dated Febr…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Acquisition of Skytop Property On September 29, 2025, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), through BHM DST Acquisitions, LLC, a wholly owned subsidiary of the Company’s operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the “Operating Partnership”), entered into an Assignment of Purchase and Sale Contract (the “PSA”) with BHM Skytop Investment Co, LLC, a Delaware limited…

Chief Strategy Officer — James G. Babb, III: Mr. Babb resigned from his position as Chief Strategy Officer effective December 31, 2025.

UNREGISTERED SALES OF EQUITY SECURITIES Securities for Services Base Management Fee As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (as amended by that certain Amendment to Management Agreement dated January 10, 2023 and that certain Second Amendment to Management Agreement dated Febr…

The filing is about the approval of amended equity incentive plans.

UNREGISTERED SALES OF EQUITY SECURITIES Securities for Services Base Management Fee As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2022 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on October 5, 2022, the Company entered into a Management Agreement (as amended by that certain Amendment to Management Agreement dated January 10, 2023 and that certain Second Amendment to Management Agreement dated Febr…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS Acquisition of Hawthorne Property As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 11, 2025 by Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), on April 8, 2025, the Company, through BHM DST Acquisitions, LLC (the “Hawthorne Purchaser”), a Delaware limited liability company and wholly-owned subsidiary of the Company’s operating partnership, Bluerock Residential H…

UNREGISTERED SALES OF EQUITY SECURITIES Annual Long-Term Equity Incentive Grants to Certain Employees of Manager On April 23, 2025, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”) issued an aggregate of 40,944 long-term incentive plan units (“LTIP Units”) in the Company’s operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the “Operating Partnership”), pursuant to the Company’s 2022 Equity Incentive Plan for Individuals (the “Individu…

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS The disclosure below describes the disposition of the Company’s preferred equity investments in each of Indigo Cove and Wayford at Pringle. All figures provided below are approximate. On April 11, 2025 Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), through BHM Preferred Holdings TRS, LLC (the “Contributor”), a Delaware limited liability company and wholly-owned subsidiary of the Company’s operating partnership, Bluerock R…

ENTRY INTO MATERIAL DEFINITIVE AGREEMENT Entry into Purchase and Sale Agreement for Acquisition of Hawthorne Property On April 8, 2025, Bluerock Homes Trust, Inc., a Maryland corporation (the “Company”), through BHM DST Acquisitions, LLC (the “Purchaser”), a Delaware limited liability company and wholly-owned subsidiary of the Company’s operating partnership, Bluerock Residential Holdings, L.P., a Delaware limited partnership (the “Operating Partnership”), entered into a Purchase and Sale Agr…