Bluerock (BPRE) Director Ramin Buys 301,007 Shares (~$3.75M)

What Happened
Ramin Kamfar (Director) reported multiple acquisitions of Bluerock Private Real Estate Fund (BPRE) shares on Sept 23–25, 2026. Reported trades (transaction code J, “other acquisition or disposition”) include: 150,000 shares on 2026-09-23 at $12.48 ($1,871,280); 5,808 shares on 2026-09-23 at $12.75 ($74,052); 115,229 shares on 2026-09-24 at $12.39 ($1,427,676); and 29,970 shares on 2026-09-25 at $12.46 ($373,348). Total reported acquisition: 301,007 shares for approximately $3,746,356. These are purchases (increasing his stake).

Key Details

• Transaction dates and prices: Sept 23–25, 2026; prices reported from ~$12.39 to $12.75 (per-line weighted amounts shown above).
• Total shares acquired: 301,007; total consideration: ~$3.75M.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — purchases were made through an entity controlled by the reporting person (Savr Holdings, LLC). F2–F4 note weighted-average sale prices for related dispositions executed in multiple trades.
• Filing and timeliness: Form 4 filed 2026-09-25 covering transactions dated 2026-09-23 to 2026-09-25; filing appears timely.
• Filing executed by attorney-in-fact pursuant to a limited power of attorney (remark on the Form 4).

Context
The transactions are reported as “other acquisition” (code J) and were executed through an entity the director controls. Purchases by insiders increase their stake and can be informative, but they are only one data point—retail investors should weigh this with company fundamentals and other disclosures.