Bluerock (BPRE) President Ruddy Buys 4,780 Shares

What Happened

• Jordan B. Ruddy, President of Bluerock Private Real Estate Fund (BPRE), acquired a total of 4,780 shares in two purchases (code P), a net cash purchase often viewed as a bullish signal.
• Transactions: 2,400 shares at $12.49 for $29,975 (2026-09-28) and 2,380 shares at $12.60 for $29,988 (2026-09-30), totaling $59,963.
• The filing notes the trades were executed by an attorney‑in‑fact pursuant to a limited power of attorney.

Key Details

• Transaction dates and prices:
  • 2026-09-28: 2,400 shares @ $12.49 — $29,975
  • 2026-09-30: 2,380 shares @ $12.60 — $29,988
• Filing date: 2026-09-30 (Period of Report lists 2026-09-28). No late‑filing flag reported.
• Shares owned after the transactions: not disclosed in the provided filing details.
• Footnote: "***Attorney-In-Fact, Pursuant to Limited Power of Attorney" — purchases were made by a designated representative.

Context

• These were outright purchases (code P), not option exercises or gifts, so they represent direct insider buying rather than compensatory or tax‑related transfers.
• Attorney‑in‑fact execution means a representative placed the trades under a limited POA; this typically reflects the insider’s authorization but does not itself explain motive.