SCHEDULE 13G/A 0001624012 XXXXXXXX LIVE 3 Class A Common Stock, $0.01 par value per share 12/31/2025 0001903382 Bluerock Homes Trust, Inc. 09631H100 1345 AVENUE OF THE AMERICAS 32ND FLOOR NEW YORK NY 10105 Rule 13d-1(d) Sanda Par Olof X1 570749.00 570749.00 570749.00 14.1 IN Amounts beneficially owned as of December 31, 2025, are based on the total number of Class A Common Stock of the Issuer outstanding, as reported in the Issuer's Form 10-Q filed on November 6, 2025. As the Managing Member of Sand Capital Associates, LLC ("Sand Capital"), Par Sanda may be deemed to beneficially own all of the Class A Common Stock beneficially owned by Sand Capital. The Issuer also has 8,489 shares of Class C Common Stock outstanding which are entitled to 50 votes per share. SAND CAPITAL ASSOCIATES LLC FL 504922.00 504922.00 504922.00 12.5 OO Amounts beneficially owned as of December 31, 2025, are based on the total number of Class A Common Stock of the Issuer outstanding, as reported in the Issuer's Form 10-Q filed on November 6, 2025. As the Managing Member of Sand Capital Associates, LLC ("Sand Capital"), Par Sanda may be deemed to beneficially own all of the Class A Common Stock beneficially owned by Sand Capital. The Issuer also has 8,489 shares of Class C Common Stock outstanding which are entitled to 50 votes per share. Bluerock Homes Trust, Inc. 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK, NEW YORK, 10105. Par Sanda, Sand Capital Associates, LLC ("Reporting Persons") Par Sanda 501 N. Birch Rd., Unit 3 Fort Lauderdale, FL 33304 Sand Capital Associates, LLC 501 N. Birch Rd., Unit 3 Fort Lauderdale, FL 33304 Par Sanda United States of America Sand Capital Associates, LLC State of Florida, United State of America Y See the responses to Item 9 on the attached cover pages. See the responses to Item 11 on the attached cover pages. See the responses to Item 5 on the attached cover pages. See the responses to Item 6 on the attached cover pages. See the responses to Item 7 on the attached cover pages. See the responses to Item 8 on the attached cover pages. Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Sanda Par Olof /s/ Par Olof Sanda 02/10/2026 SAND CAPITAL ASSOCIATES LLC /s/ Par Olof Sanda 02/10/2026