Bluerock director Kamfar buys 124,489 shares

The reported per-share figures are weighted averages across multiple transactions, rather than prices for single transactions.

Rhea-AI Filing Summary

Bluerock Private Real Estate Fund (BPRE) director Ramin Kamfar reported three purchases of Common Shares of Beneficial Interest through Bluerock Asset Management, LLC, an entity he controls: 124,489 shares on October 1, 2026, at a weighted-average price of $12.6170 per share; 50,931 shares on October 2 at $12.6879 per share; and 93,744 shares on October 5 at $12.7081 per share. The prices were weighted averages across multiple transactions; no Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Buyer: 269,164 shares

Net Buy 3 txns

Insider KAMFAR RAMIN

Role Director

Bought 269,164 shs ($3.41M)

Type	Security	Shares	Price	Value
Purchase	Common Shares of Beneficial Interest F1, F4	93,744	$12.7081	$1.19M
Purchase	Common Shares of Beneficial Interest F1, F3	50,931	$12.6879	$646K
Purchase	Common Shares of Beneficial Interest F1, F2	124,489	$12.617	$1.57M

Holdings After Transaction: Common Shares of Beneficial Interest — 1,175,524 shares (Indirect, Shares purchased through an entity controlled by the Reporting Person)

Footnotes (4)

1. F1. Shares purchased through an entity controlled by the Reporting Person (Bluerock Asset Management, LLC).
2. F2. The price reported is a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $12.56 to $12.65.
3. F3. The price reported is a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $12.64 to $12.74.
4. F4. The price reported is a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $12.63 to $12.75.

Key Figures

Shares purchased: 124,489 shares Weighted-average purchase price: $12.6170 per share Shares purchased: 50,931 shares +3 more

6 metrics

Shares purchased 124,489 shares October 1, 2026

Weighted-average purchase price $12.6170 per share October 1, 2026

Shares purchased 50,931 shares October 2, 2026

Weighted-average purchase price $12.6879 per share October 2, 2026

Shares purchased 93,744 shares October 5, 2026

Weighted-average purchase price $12.7081 per share October 5, 2026

Key Terms

Common Shares of Beneficial Interest, weighted average purchase price, Rule 10b5-1 plan

3 terms

Common Shares of Beneficial Interest financial

"Common Shares of Beneficial Interest"

Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.

weighted average purchase price financial

"weighted average purchase price per share"

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

Rule 10b5-1 plan financial

"Rule 10b5-1 plan"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BPRE shares were purchased through Ramin Kamfar's controlled entity?

Bluerock Asset Management, LLC, an entity controlled by Ramin Kamfar, reported purchases of 124,489 shares on October 1, 2026; 50,931 shares on October 2, 2026; and 93,744 shares on October 5, 2026. Kamfar is identified as a director of Bluerock Private Real Estate Fund.

What were the BPRE purchase price ranges for each date?

The weighted-average price was $12.6170 per share on October 1, 2026, with purchases ranging from $12.56 to $12.65; $12.6879 per share on October 2, with purchases ranging from $12.64 to $12.74; and $12.7081 per share on October 5, with purchases ranging from $12.63 to $12.75.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/05/2026 - 06:07 PM Accepted by SEC EDGAR 10/05/2026 - 06:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KAMFAR RAMIN

(Last) (First) (Middle)

919 THIRD AVENUE

40TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Bluerock Private Real Estate Fund [ BPRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares of Beneficial Interest	10/01/2026		P(1)		124,489	A	$12.617(2)	1,030,849	I	Shares purchased through an entity controlled by the Reporting Person
Common Shares of Beneficial Interest	10/02/2026		P(1)		50,931	A	$12.6879(3)	1,081,780	I	Shares purchased through an entity controlled by the Reporting Person
Common Shares of Beneficial Interest	10/05/2026		P(1)		93,744	A	$12.7081(4)	1,175,524	I	Shares purchased through an entity controlled by the Reporting Person

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares purchased through an entity controlled by the Reporting Person (Bluerock Asset Management, LLC).

2. The price reported is a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $12.56 to $12.65.

3. The price reported is a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $12.64 to $12.74.

4. The price reported is a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $12.63 to $12.75.

Remarks:

***Attorney-In-Fact, Pursuant to Limited Power of Attorney

	/s/ JoAnn M. Strasser***	10/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)