Exhibit 21.1
Bluerock Homes Trust, Inc.
List of Subsidiaries
| 1. | Bluerock Residential Holdings, LP, a Delaware limited partnership |
| 2. | Bluerock TRS Holdings, LLC, a Delaware limited liability company |
| 3. | BR SP Navigator, LLC, a Delaware limited liability company |
| 4. | BR SP Navigator JV, LLC, a Delaware limited liability company |
| 5. | BRG Navigator Manager, LLC, a Delaware limited liability company |
| 6. | BRG Navigator, LLC, a Delaware limited liability company |
| 7. | BR Cal Yauger Park, LLC, a Delaware limited liability company |
| 8. | BR Cal Yauger Park JV, LLC, a Delaware limited liability company |
| 9. | BRG Yauger Park, LLC, a Delaware limited liability company |
| 10. | Wayforth at Concord, LLC, a Delaware limited liability company |
| 11. | BRG Wayforth Investor, LLC, a Delaware limited liability company |
| 12. | Peak Willow Park, LLC, a Delaware limited liability company |
| 13. | BR Peak Willow Park JV, LLC, a Delaware limited liability company |
| 14. | BRG Willow Park Investor, LLC, a Delaware limited liability company |
| 15. | Wayford IP, LLC, a Delaware limited liability company |
| 16. | BR Wayford IP JV, LLC, a Delaware limited liability company |
| 17. | BRG Wayford IP Investor, LLC, a Delaware limited liability company |
| 18. | CCC-PSL, LLC, a Delaware limited liability company |
| 19. | BRG Capstone Lucie JV, LLC, a Delaware limited liability company |
| 20. | BRG Port St. Lucie Cottages Investor, LLC, a Delaware limited liability company |
| 21. | CCC-Myrtle Beach, LLC, a Delaware limited liability company |
| 22. | BRG Capstone Myrtle Beach JV, LLC, a Delaware limited liability company |
| 23. | BRG Myrtle Beach Cottages Investor, LLC, a Delaware limited liability company |
| 24. | CCC-Warner Robbins, LLC, a Delaware limited liability company |
| 25. | BRG Capstone Warner Robbins JV, LLC, a Delaware limited liability company |
| 26. | BRG Warner Robbins Cottages Investor, LLC, a Delaware limited liability company |
| 27. | ILE Homes Single Family Rental Fund, LP, a Delaware limited partnership |
| 28. | ILE Holdings, LLC, a Delaware limited liability company |
| 29. | ILE Bluerock Program Portfolio, LLC, a Delaware limited liability company |
| 30. | ILE Homes Single Family Rental GP, LLC, a Delaware limited liability company |
| 31. | ILE BR JV, LLC, a Delaware limited liability company |
| 32. | BRG ILE Investor, LLC, a Delaware limited liability company |
| 33. | BR BST AZ Portfolio I, LLC, a Delaware limited liability company |
| 34. | BR BST AZ Pkg 1, LLC, a Delaware limited liability company |
| 35. | BR BST AZ Pkg 2, LLC, a Delaware limited liability company |
| 36. | BR BST AZ Pkg 3, LLC, a Delaware limited liability company |
| 37. | BR BST CO Portfolio I, LLC, a Delaware limited liability company |
| 38. | BR BST CO Pkg 1, LLC, a Delaware limited liability company |
| 39. | BR BST CO Pkg 2, LLC, a Delaware limited liability company |
| 40. | BR BST CO Pkg 3, LLC, a Delaware limited liability company |
| 41. | BR BST WA Portfolio I, LLC, a Delaware limited liability company |
| 42. | BR BST WA I Pkg 1, LLC, a Delaware limited liability company |
| 43. | BR BST WA I Pkg 2, LLC, a Delaware limited liability company |
| 44. | BR BST WA I Pkg 3, LLC, a Delaware limited liability company |
| 45. | BR BST SFR JV I, LLC, a Delaware limited liability company |
| 46. | BHM Ballast Investor, LLC, a Delaware limited liability company |
| 47. | BR GPC JV, LLC, a Delaware limited liability company |
| 48. | BR GPC Investor, LLC, a Delaware limited liability company |
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| 49. | BRG Peak SFR Pref Investor, LLC, a Delaware limited liability company |
| 50. | PH OP PKG 8, LLC, a Delaware limited liability company |
| 51. | BRG Springfield Lender, LLC, a Delaware limited liability company |
| 52. | BRG Springfield Investor, LLC, a Delaware limited liability company |
| 53. | Pkg 8 Springfield, LLC, a Delaware limited liability company |
| 54. | Pkg 8 Indy, LLC, a Delaware limited liability company |
| 55. | Pkg 8 Pledgor, LLC, a Delaware limited liability company |
| 56. | PH OP PKG 10, LLC, a Delaware limited liability company |
| 57. | Pkg 10-Springtown 70, LLC, a Delaware limited liability company |
| 58. | Pkg 10-Texarkana 29, LLC, a Delaware limited liability company |
| 59. | Pkg 10-Lubbock 1.0, LLC, a Delaware limited liability company |
| 60. | Pkg 10-Granbury, LLC, a Delaware limited liability company |
| 61. | Pkg 10-Granbury 34, LLC, a Delaware limited liability company |
| 62. | Pkg 10-Axelrod 22, LLC, a Delaware limited liability company |
| 63. | Pkg 10-Springtown 14, LLC, a Delaware limited liability company |
| 64. | Pkg 10-Lynnwood 20, LLC, a Delaware limited liability company |
| 65. | Pkg 10-Lynnwood 2-20, LLC, a Delaware limited liability company |
| 66. | Pkg 10-Lubbock 2.0, LLC, a Delaware limited liability company |
| 67. | Pkg 10-Lubbock 45, LLC, a Delaware limited liability company |
| 68. | Pkg 10 Pledgor, LLC, a Delaware limited liability company |
| 69. | Pkg 10A Recap, LLC, a Delaware limited liability company |
| 70. | BRG Pkg 10 Lender, LLC, a Delaware limited liability company |
| 71. | BRG Pkg 10 Investor, LLC, a Delaware limited liability company |
| 72. | Pkg 10 Pledgor II, LLC, a Delaware limited liability company |
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| 73. | PH OP Pkg 11, LLC, a Delaware limited liability company |
| 74. | Pkg 11 Pledgor, LLC, a Delaware limited liability company |
| 75. | Pkg 10-FTW 188, LLC, a Delaware limited liability company |
| 76. | BRG Pkg 11 Investor, LLC, a Delaware limited liability company |
| 77. | BRG Pkg 11 Lender, LLC, a Delaware limited liability company |
| 78. | Pkg 12 Lake Shore, LLC, a Delaware limited liability company |
| 79. | Pkg 12 Dasher Pointe, LLC, a Delaware limited liability company |
| 80. | Pkg 12 Blanford, LLC, a Delaware limited liability company |
| 81. | Pkg 12 Cottages of Ebenezer, LLC, a Delaware limited liability company |
| 82. | Pkg 12 Pine Grove, LLC, a Delaware limited liability company |
| 83. | BR PH Pkg 12 Savannah Investor, LLC, a Delaware limited liability company |
| 84. | BR PH Pkg 12 Savannah JV, LLC, a Delaware limited liability company |
| 85. | BHM Pkg 12 Savannah Investor, LLC, a Delaware limited liability company |
| 86. | BR PH Pkg 12 Savannah Pledgor, LLC, a Delaware limited liability company |
| 87. | Peak Forest Hill, LLC, a Delaware limited liability company |
| 88. | BR Peak Forest Hill JV, LLC, a Delaware limited liability company |
| 89. | BRG Forest Hill Investor, LLC, a Delaware limited liability company |
| 90. | Peak Weatherford, LLC, a Delaware limited liability company |
| 91. | Peak Weatherford Pledgor, LLC, a Delaware limited liability company |
| 92. | Peak BR Weatherford JV, LLC, a Delaware limited liability company |
| 93. | BHM Peak Weatherford Investor, LLC, a Delaware limited liability company | |
| 94. | Bluerock REIT Operator, LLC, a Delaware limited liability company |
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| 95. | BR CWS Cascades I Owner, LLC, a Delaware limited liability company |
| 96. | BR CWS Cascades II Owner, LLC, a Delaware limited liability company |
| 97. | BR CWS 2017 Portfolio JV, LLC, a Delaware limited liability company |
| 98. | BR CWS Portfolio Member, LLC, a Delaware limited liability company |
| 99. | BRG CWS Portfolio, LLC, a Delaware limited liability company |
| 100. | BR F&B District, LLC, a Delaware limited liability company |
| 101. | BR F&B District Scottsdale JV, LLC, a Delaware limited liability company |
| 102. | BRG District Manager, LLC, a Delaware limited liability company |
| 103. | BRG District Scottsdale, LLC, a Delaware limited liability company |
| 104. | BRG District Scottsdale TRS, LLC, a Delaware limited liability company |
| 105. | BR Grandewood, LLC, a Delaware limited liability company |
| 106. | BRG Grandewood Manager, LLC, a Delaware limited liability company |
| 107. | BR 8800 South First, LLC, a Delaware limited liability company |
| 108. | BR F&B 8800 South First JV, LLC, a Delaware limited liability company |
| 109. | BR 8800 South First JV Member, LLC, a Delaware limited liability company |
| 110. | BRG 8800 South First, LLC, a Delaware limited liability company |
| 111. | BR Park & Kingston Charlotte, LLC, a Delaware limited liability company |
| 112. | BRG Park & Kingston Manager, LLC, a Delaware limited liability company |
| 113. | BR F&B Cactus Street, LLC, a Delaware limited liability company |
| 114. | BR F&B Cactus Street JV, LLC, a Delaware limited liability company |
| 115. | BRG Cactus Street, LLC, a Delaware limited liability company |
| 116. | BRG Southside, LLC, a Delaware limited liability company |
| 117. | BRG Vickers Roswell, LLC, a Delaware limited liability company |
| 118. | BRG Chapel Hill Lender, LLC, a Delaware limited liability company |
| 119. | BRG Thornton Flats Investor, LLC, a Delaware limited liability company |
| 120. | BRG Mira Vista Investor, LLC, a Delaware limited liability company |
| 121. | BRG Leander Investor, LLC, a Delaware limited liability company |
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