Exhibit 21.1
Bluerock Homes Trust, Inc.
List of Subsidiaries
| 1. | Bluerock Residential Holdings, L.P., a Delaware limited partnership |
| 2. | Bluerock TRS Holdings, LLC, a Delaware limited liability company |
| 3. | Bluerock REIT Operator, LLC, a Delaware limited liability company |
| 4. | BR SP Navigator, LLC, a Delaware limited liability company |
| 5. | BR SP Navigator JV, LLC, a Delaware limited liability company |
| 6. | BRG Navigator Manager, LLC, a Delaware limited liability company |
| 7. | BRG Navigator, LLC, a Delaware limited liability company |
| 8. | BR Cal Yauger Park, LLC, a Delaware limited liability company |
| 9. | BR Cal Yauger Park JV, LLC, a Delaware limited liability company |
| 10. | BRG Yauger Park, LLC, a Delaware limited liability company |
| 11. | Wayforth at Concord, LLC, a Delaware limited liability company |
| 12. | BRG Wayforth Investor, LLC, a Delaware limited liability company |
| 13. | Peak Willow Park, LLC, a Delaware limited liability company |
| 14. | BR Peak Willow Park JV, LLC, a Delaware limited liability company |
| 15. | BRG Willow Park Investor, LLC, a Delaware limited liability company |
| 16. | Wayford IP, LLC, a Delaware limited liability company |
| 17. | BR Wayford IP JV, LLC, a Delaware limited liability company |
| 18. | BRG Wayford IP Investor, LLC, a Delaware limited liability company |
| 19. | CCC-PSL, LLC, a Delaware limited liability company |
| 20. | BRG Capstone Lucie JV, LLC, a Delaware limited liability company |
| 21. | BRG Port St. Lucie Cottages Investor, LLC, a Delaware limited liability company |
| 22. | CCC-Myrtle Beach, LLC, a Delaware limited liability company |
| 23. | BRG Capstone Myrtle Beach JV, LLC, a Delaware limited liability company |
| 24. | BRG Myrtle Beach Cottages Investor, LLC, a Delaware limited liability company |
| 25. | CCC-Warner Robbins, LLC, a Delaware limited liability company |
| 26. | BRG Capstone Warner Robbins JV, LLC, a Delaware limited liability company |
| 27. | BRG Warner Robbins Cottages Investor, LLC, a Delaware limited liability company |
| 28. | ILE Homes Single Family Rental Fund, LP, a Delaware limited partnership |
| 29. | ILE Holdings, LLC, a Delaware limited liability company |
| 30. | LE Bluerock Program Portfolio, LLC, a Delaware limited liability company |
| 31. | ILE Homes Single Family Rental GP, LLC, a Delaware limited liability company |
| 32. | ILE BR JV, LLC, a Delaware limited liability company |
| 33. | BRG ILE Investor, LLC, a Delaware limited liability company |
| 34. | BR BST AZ Portfolio I, LLC, a Delaware limited liability company |
| 35. | BR BST AZ I Pkg 1, LLC, a Delaware limited liability company |
| 36. | BR BST CO Portfolio I, LLC, a Delaware limited liability company |
| 37. | BR BST CO I Pkg 1, LLC, a Delaware limited liability company |
| 38. | BR BST WA Portfolio I, LLC, a Delaware limited liability company |
| 39. | BR BST WA I Pkg 1, LLC, a Delaware limited liability company |
| 40. | BR BST SFR JV I, LLC, a Delaware limited liability company |
| 41. | BHM Ballast Investor, LLC, a Delaware limited liability company |
| 42. | BR GPC JV, LLC, a Delaware limited liability company |
| 43. | BR GPC Investor, LLC, a Delaware limited liability company |
| 44. | PH REIT OP,LP, a Delaware limited partnership |
| 45. | BRG Peak SFR Pref Investor, LLC, a Delaware limited liability company |
| 46. | PH OP PKG 8, LLC, a Delaware limited liability company |
| 47. | BRG Springfield Lender, LLC, a Delaware limited liability company |
| 48. | BRG Springfield Investor, LLC, a Delaware limited liability company |
| 49. | Pkg 8 Springfield, LLC, a Delaware limited liability company |
| 50. | Pkg 8 Indy, LLC, a Delaware limited liability company |
| 51. | Pkg 8 Pledgor, LLC, a Delaware limited liability company |
| 52. | PH OP PKG 10, LLC, a Delaware limited liability company |
| 53. | Pkg 10-Springtown 70, LLC, a Delaware limited liability company |
| 54. | Pkg 10-Texarkana 29, LLC, a Delaware limited liability company |
| 55. | Pkg 10-Lubbock 1.0, LLC, a Delaware limited liability company |
| 56. | Pkg 10-Granbury, LLC, a Delaware limited liability company |
| 57. | Pkg 10-Granbury 34, LLC, a Delaware limited liability company |
| 58. | Pkg 10-Axelrod 22, LLC, a Delaware limited liability company |
| 59. | Pkg 10-Springtown 14, LLC, a Delaware limited liability company |
| 60. | Pkg 10-Lynnwood 20, LLC, a Delaware limited liability company |
| 61. | Pkg 10-Lynnwood 2-20, LLC, a Delaware limited liability company |
| 62. | Pkg 10-Lubbock 2.0, LLC, a Delaware limited liability company |
| 63. | Pkg 10-Lubbock 45, LLC, a Delaware limited liability company |
| 64. | Pkg 10 Pledgor, LLC, a Delaware limited liability company |
| 65. | Pkg 10A Recap, LLC, a Delaware limited liability company |
| 66. | BRG Pkg 10 Lender, LLC, a Delaware limited liability company |
| 67. | BRG Pkg 10 Investor, LLC, a Delaware limited liability company |
| 68. | Pkg 10 Pledgor II, LLC, a Delaware limited liability company |
| 69. | PH OP Pkg 11, LLC, a Delaware limited liability company |
| 70. | Pkg 11 Pledgor, LLC, a Delaware limited liability company |
| 71. | Pkg 10-FTW 188, LLC, a Delaware limited liability company\ |
| 72. | BRG Pkg 11 Investor, LLC, a Delaware limited liability company |
| 73. | BRG Pkg 11 Lender, LLC, a Delaware limited liability company |
| 74. | Pkg 12 Lake Shore, LLC, a Delaware limited liability company |
| 75. | Pkg 12 Dasher Pointe, LLC, a Delaware limited liability company |
| 76. | BR PH Pkg 12 Savannah JV, LLC, a Delaware limited liability company |
| 77. | BHM Pkg 12 Savannah Investor, LLC, a Delaware limited liability company |
| 78. | BR PH Pkg 12 Savannah Pledgor, LLC, a Delaware limited liability company |
| 79. | Peak Forest Hill, LLC, a Delaware limited liability company |
| 80. | BR Peak Forest Hill JV, LLC, a Delaware limited liability company |
| 81. | BRG Forest Hill Investor, LLC, a Delaware limited liability company |
| 82. | Peak Weatherford, LLC, a Delaware limited liability company |
| 83. | Peak Weatherford Pledgor, LLC, a Delaware limited liability company |
| 84. | Peak BR Weatherford JV, LLC, a Delaware limited liability company |
| 85. | BHM Peak Weatherford Investor, LLC, a Delaware limited liability company |
