Bluerock (BPRE) Director Ramin Kamfar Buys 179,763 Shares

What Happened
Ramin Kamfar, a director of Bluerock Private Real Estate Fund (BPRE), made open-market purchases totaling 179,763 shares across two days: 67,878 shares on Sep 21 at a weighted average price of $11.96 ($812,025) and 111,885 shares on Sep 22 at a weighted average price of $12.02 ($1,344,914). These were purchases (transaction code P), meaning Kamfar added to holdings via an entity he controls rather than selling.

Key Details

• Transaction dates & prices:
  • Sep 21, 2026: 67,878 shares @ $11.96 (weighted average); total $812,025. (Price range for these buys: $11.9200–$12.0000.)
  • Sep 22, 2026: 111,885 shares @ $12.02 (weighted average); total $1,344,914. (Price range for these buys: $11.9600–$12.1200.)
• Total shares acquired: 179,763; total reported spend ≈ $2,156,939.
• Purchases were made through an entity controlled by the reporting person (Savr Holdings, LLC).
• The amendment (filed Sep 29, 2026) corrects a prior Form 4 (filed Sep 23) that inadvertently included columns for direct holdings; the amendment states that Kamfar’s direct holdings did not change as a result of these entity purchases and also provides a more accurate transaction code.
• Remarks note the filing was made via attorney-in-fact under a limited power of attorney.

Context

• These were outright purchases (P = Purchase) executed in multiple trades (hence weighted-average prices and reported price ranges). Because the shares were acquired through an entity he controls, the filing distinguishes between direct and indirect holdings; per the amendment, Kamfar’s direct holdings did not change. This summary is factual and does not infer motivation.