Bluerock trustee Jafarnia Kamal receives 222 shares

The reported position after the compensation-plan share grant was 4,109.393 directly held shares.

Rhea-AI Filing Summary

Bluerock Private Real Estate Fund (BPRE) trustee Jafarnia Kamal acquired 221.533 common shares of beneficial interest on October 1, 2026. A footnote identifies the shares as granted in conjunction with the trustees’ compensation plan. The reported transaction price was $22.57 per share, and the directly held position following the transaction was 4,109.393 shares.

Insider Trade Summary

Other: 221.533 shares

Other 1 txn

Insider Jafarnia Kamal

Role Insider

Type	Security	Shares	Price	Value
Other	Common Shares of Beneficial Interest F1	221.533	$22.57	$5K

Holdings After Transaction: Common Shares of Beneficial Interest — 4,109.393 shares (Direct)

Footnotes (1)

1. F1. Consists of shares granted in conjunction with the trustees' compensation plan.

Key Figures

Shares acquired: 221.533 shares Reported transaction price: $22.57 per share Directly held shares after transaction: 4,109.393 shares

3 metrics

Shares acquired 221.533 shares October 1, 2026

Reported transaction price $22.57 per share October 1, 2026

Directly held shares after transaction 4,109.393 shares Following the October 1, 2026 transaction

Key Terms

Common Shares of Beneficial Interest, trustees’ compensation plan

2 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.

trustees’ compensation plan financial

"shares granted in conjunction with the trustees’ compensation plan"

FAQ

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

How many BPRE shares did trustee Jafarnia Kamal acquire?

Jafarnia Kamal acquired 221.533 common shares of beneficial interest on October 1, 2026. The shares were granted in conjunction with the trustees’ compensation plan, and the directly held position after the transaction was 4,109.393 shares.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/02/2026 - 01:57 PM Accepted by SEC EDGAR 10/02/2026 - 01:57 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^*

Jafarnia Kamal

(Last) (First) (Middle)

7201 REGENCY COURT

(Street)

PLANO TEXAS 75024

(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)

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

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		J(1)		221.533	A	$22.57	4,109.393	D

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. Consists of shares granted in conjunction with the trustees' compensation plan.

Remarks:

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

	/s/ JoAnn M. Strasser***	10/02/2026
	** 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)