Bluerock Private Real Estate Fund President Jordan B. Ruddy Buys 2,040 Common Shares

Jordan B. Ruddy, president of Bluerock Private Real Estate Fund, purchased 2,040 common shares of beneficial interest at $12.2484 per share, a transaction valued at $24,986.736. The future of trading reported the purchase, which was disclosed via EDGAR on October 23, 2026. Ruddy's direct holdings rose to 19,232 shares.

Ruddy's Purchase and His Stake in the Fund

Bluerock Private Real Estate Fund is a listed closed-end fund that invests in real estate. The purchase price was $12.2484 per share, and the filing covers 2,040 common shares of beneficial interest. The disclosure was made through EDGAR, the Electronic Data Gathering, Analysis and Retrieval system operated by the U.S. Securities and Exchange Commission, under reference ID 0001398344-26-018733.

The filing states that Ruddy's direct holdings rose to 19,232 shares after the transaction. The purchase was reported on October 23, 2026, and the news brief was published on October 24, 2026. The fund's own website is at bprefund.com.

Insider Buying and Fund Developments Before the Purchase

On October 19, 2026, director Ramin Kamfar purchased 92,475 common shares at $12.5647 and 101,753 shares at $12.387, with his indirect beneficial ownership reaching 2,448,868 shares held through an entity he controls, The future of trading reported.

On October 14, 2026, Seeking Alpha noted that Bluerock Private Real Estate Fund (BPRE) has seen significant insider buying and activist Saba Capital surpassing 5% ownership, with the fund trading at a 43% discount to NAV and management rotating legacy holdings into direct real estate.

On October 7, 2026, PR Newswire reported that the fund announced a $0.1371 per share cash distribution for October 2026, payable to shareholders of record on October 21, 2026, with payment on October 30, 2026. The distribution reflects a 7.3% rate on NAV and an annualized market rate of about 12.9%.

On September 22, 2026, FinancialContent Business Page reported that Morris Kandinov LLP is investigating the fund's conversion to a listed closed-end fund for potential breaches of duty, with shares trading at a 47% discount to NAV and the firm examining what the Board and adviser knew about persistent discounts.

October Distribution Payment Date

The October 2026 distribution of $0.1371 per share is payable on October 30, 2026 to shareholders of record on October 21, 2026, according to PR Newswire.