New York – October 07, 2026 -- Bluerock Private Real Estate Fund (NYSE: BPRE) will pay a cash distribution of $0.1371 per share for October 2026, representing an annualized market distribution rate of approximately 12.9% based on its $12.80 closing price on October 7, 2026.
Shareholders of record by October 21 qualify for the payout
The distribution translates to a 7.3% rate on net asset value and an annualized tax-equivalent rate of 20.1%, calculated using a 37% maximum federal tax rate, the 3.8% Medicare surtax, and a 5% average state tax assumption. The fund has announced four distribution increases since its December 2025 NYSE listing.
Pipeline of new investments expands to $903 million
Bluerock recently held a webinar updating investors on its strategic roadmap, which involves rotating capital out of legacy core-plus institutional fund holdings into specialty direct real estate investments. The identified pipeline of potential new deals -- including closed transactions, assets under purchase agreement, under letter of intent, in exclusive negotiations, or otherwise identified -- has grown to $903 million.
Fund manages $3.2 billion in net assets across 41 holdings
As of September 30, 2026, BPRE held net assets under management of approximately $3.2 billion, spread across 25 private equity and 16 private debt real estate investments. The underlying assets tied to those positions are valued at approximately $250 billion. BPRE describes itself as the largest real estate-focused closed-end fund on the market and the only NYSE-listed closed-end vehicle offering dedicated access to private real estate.
Fund offers automatic reinvestment option to shareholders
BPRE's Distribution Reinvestment Plan allows investors to automatically reinvest monthly cash distributions into additional shares, with potential purchases available at a discount to net asset value in certain scenarios. The fund notes that some or all distributions may be classified as return of capital, with sourcing disclosures provided at the time of each payout.