Bluerock Residential Growth REIT, Inc. (BRG)

[Enterprising Investor]

Receive $24.25 and shares in of Bluerock Homes Trust, Inc.with an estimated NAV of $5.60.

At 12/31/21,the Bluerock Homes Trust, Inc portfolio consisted of interests in approximately 3,800 homes, comprised of 1,800 operating homes, of which roughly 1,400 and 400 are scattered-site and build-to-rent, respectively, as well as 2,000 additional homes held through preferred equity and mezzanine loan investments, of which 500 are stabilized and 1,500 are under development. Excluding development properties, occupancy was 93%.