Bluerock (BPRE) Director Ryan S. MacDonald Buys 10,400 Shares

What Happened
Ryan S. MacDonald, a director of Bluerock Private Real Estate Fund (BPRE), acquired 10,400 shares on 2026-09-21 via open-market purchases at a weighted-average price of $11.97 per share, for a total reported cost of $124,522. This transaction is a purchase (insider acquisition), which is simply a change in insider holdings and not a statement of future company performance.

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-23 (filed within the typical 2-business-day window).
• Shares acquired: 10,400; reported weighted-average price: $11.97; total value: $124,522.
• Footnote: The reported price is a weighted average; the shares were transacted in multiple trades at prices ranging from $11.9572 to $11.987.
• Shares owned after transaction: not disclosed in the provided summary of the filing.
• Filing executed by an attorney-in-fact pursuant to a limited power of attorney (remark on the Form 4).

Context
Insider purchases simply show an acquisition of stock by an insider; they can indicate alignment with shareholders but do not guarantee future performance. The footnote clarifies the single reported price reflects multiple trades at slightly varying prices. For full holdings and more detail, refer to the complete Form 4 (Accession No. 0001398344-26-017349) on the SEC EDGAR site.