Bluerock (BPRE) CIO Ryan MacDonald Buys 2,540 Shares

What Happened

• Ryan S. MacDonald, Chief Investment Officer of Bluerock Private Real Estate Fund (BPRE), reported two "other acquisition" transactions (code J) totaling 2,540 shares. The filing lists acquisitions of 1,550 shares at $12.91 (reported value $20,007) on 2026-07-17 and 990 shares at $12.50 (reported value $12,375) on 2026-07-21 — combined reported value $32,382. These are purchases (acquisitions), which investors often view as a more informative signal than sales.

Key Details

• Transaction dates and prices:
  • 2026-07-17: 1,550 shares @ $12.91 (reported $20,007)
  • 2026-07-21: 990 shares @ $12.50 (reported $12,375)
• Total shares acquired: 2,540; total reported value: $32,382.
• Shares owned after the transactions: not disclosed in the provided filing.
• Filing date: Form 4 filed 2026-07-21. Filing appears timely relative to the reported transaction dates.
• Footnote/remark: Form was submitted by an Attorney‑in‑Fact pursuant to a Limited Power of Attorney for Section 16(a) filings dated May 26, 2021.
• Transaction code: J = "Other acquisition or disposition" (the filing does not specify the exact mechanism, e.g., open-market purchase vs. transfer).

Context

• Code J means the filing describes an "other" type of acquisition; the document does not state whether this was an open-market buy, reinvestment, transfer, or related-party transaction — so avoid inferring motive.
• No 10b5‑1 plan, tax withholding, or exercise/sale language is indicated in the provided details.