Bluerock Homes Trust Inc-A美股招股说明书(2025-08-13版)

BLUEROCK HOMES TRUST, INC. This prospectus supplement (this “Prospectus Supplement No. 2”) updates, amends, and supplements the prospectus dated April 9, 2025, assupplemented by that certain Prospectus Supplement No. 1 dated May 9, 2025 (collectively, the “Prospectus”), which forms a part of ourRegistration Statement on Form S-11 (Registration No. 333-269415). Capitalized terms used in this Prospectus Supplement No. 2 and not otherwisedefined herein have the meanings specified in the Prospectus. This Prospectus Supplement No. 2 is being filed to update, amend, and supplement the information in the Prospectus with the informationcontained in (a) (i) our Current Report on Form 8-K/A filed with the Securities and Exchange Commission (“SEC”) on July 1, 2025 and (ii) ourCurrent Report on Form 8-K/A filed with the SEC on July 8, 2025 (collectively, the “Form 8-K/A Filings”), and (b) our Quarterly Report on Form10-Q filed with the SEC on August 13, 2025 (the “Form 10-Q Filing”). Accordingly, we have attached the Form 8-K/A Filings and the Form 10-QFiling to this Prospectus Supplement No. 2. You should read this Prospectus Supplement No. 2 in conjunction with the Prospectus, including any amendments and supplements thereto.This Prospectus Supplement No. 2 is qualified by reference to the Prospectus, except to the extent that the information contained in this ProspectusSupplement No. 2 supersedes the information contained in the Prospectus. This Prospectus Supplement No. 2 is not complete without, and may notbe utilized except in connection with, the Prospectus. Investing in our securities involves significant risks. See the “Risk Factors” sections of the Prospectus and in Item 1A of our Annual Reporton Form 10-K filed on March 20, 2025 for a discussion of the risks that should be considered in connection with an investment in oursecurities. Neither the SEC nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy oraccuracy of the Prospectus or this Prospectus Supplement No. 2. Any representation to the contrary is a criminal offense. The date of this Prospectus Supplement is August 13, 2025 UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM 8-K/A CURRENT REPORTPURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):April 25, 2025 BLUEROCK HOMES TRUST, INC.(Exact name of registrant as specified in its charter) 919 Third Avenue, 40th FloorNew York, NY 10022(Address of principal executive offices) (212) 843-1601(Registrant’s telephone number, including area code) None(Former name or former address, if changed since last report) Securities registered pursuant to Section12(b)of the Exchange Act: Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of thefollowing provisions: ¨Written communications pursuant to Rule425 under the Securities Act (17 CFR 230.425)¨Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR 240.14a-12)¨Pre-commencement communications pursuant to Rule14d-2(b)under the Exchange Act (17 CFR 240.14d-2(b))¨Pre-commencement communications pursuant to Rule13e-4(c)under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 ofthis chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Companyx If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.¨ EXPLANATORY NOTE On May 1, 2025, Bluerock Homes Trust, Inc. (the “Company”) filed, with the U.S. Securities and Exchange Commission (the “SEC”), aCurrent Report on Form 8-K dated April 25, 2025 (the “Form 8-K”) in conjunction with the acquisition of a 272-unit residential community knownas Southern Pines Reserve, f/k/a Hawthorne at the Pines, located in Aberdeen, North Carolina. This Current Report on Form 8-K/A (the “Form 8-K/A”) amends Item 9.01 of the Form 8-K to present certain financial statements of SouthernPines Reserve. This Form 8-K/A should be read in conjunction with the Form 8-K. ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS (a)Financial Statements of Real Estate Acquired Southern Pines Reserve Independent Auditor’s Report Statements of Revenues and Certain Operating Expenses for the year ended December 31, 2024 and the three months ended March 31,2025 Notes to Statements of Revenues and Certain Operating Expenses Bluerock Homes Trust, Inc. Pro Forma Condensed Consolidated Balance Sheet as of March 31, 2025 (unaudited) Notes to Pro Forma Condensed Consolidated Balance Sheet as of March 31, 2025 (unaudited) Pr