#USA #New York #Real Estate #Bluerock Fund #BPRE

Bluerock Private Real Estate Fund Announces Increased Distribution for June 2026

Bluerock Private Real Estate Fund (ticker: BPRE) has declared a significant increase in its distribution for June 2026, which is now set at 7% on the Net Asset Value (NAV). This exciting news marks the fourth distribution increase since the Fund's listing on the New York Stock Exchange in December 2025.

The announced distribution stands at $0.1371 per share, translating to an annualized market distribution rate of approximately 10.6% based on the closing price of $15.59 on May 15, 2026. For investors, this represents an appealing tax-equivalent distribution rate of 16.5%, factoring in the highest federal tax rates. This rate underscores the Fund's commitment to delivering competitive returns while maximizing shareholder value.

Commitment to Maximizing Shareholder Value

The increase reflects Bluerock's strategic approach aimed at rotating capital out of legacy real estate holdings into emerging sectors predicted to offer enhanced income and total return potential. The management team, led by Ryan MacDonald, Chief Investment Officer, and Tyler Kimball, Head of Real Estate Credit, will be discussing these strategies in detail during an investor webinar scheduled for May 18, 2026.

During this webinar, entitled "BPRE Strategic Roadmap Progress Report," the executives will provide insights into the Fund's efforts to boost shareholder returns and progress on their strategic initiatives. Investors interested in gaining insights from the advisory team can register via bprefund.com.

Upcoming Distribution Timeline

The distribution timeline for June 2026 is as follows:

• - Record Date: June 17, 2026
• - Ex-Dividend Date: June 17, 2026
• - Pay Date: June 30, 2026
• - Distribution Amount: $0.1371 per share

Bluerock Private Real Estate Fund currently manages net assets totaling approximately $3.4 billion as of April 30, 2026, with investments in 27 private equity and 5 private debt real estate ventures valued at approximately $250 billion. This broad portfolio positions the Fund favorably in the competitive landscape of private real estate investing.

Innovative Distribution Reinvestment Plan

The Fund also offers a Distribution Reinvestment Plan (DRIP), which allows shareholders to reinvest their cash distributions automatically into additional shares. This program potentially facilitates enhanced compounding returns and could allow for acquisitions at favorable prices, including those at a discount to the NAV.

It's essential to note that some or all distributions might be classified as a return of capital. The Fund aims to provide timely estimates regarding the source of its distributions, with all pertinent information accessible at bprefund.com.

A Leader in Private Real Estate

Bluerock Private Real Estate Fund is the only closed-end fund publicly traded on the New York Stock Exchange that gives investors unique access to private real estate. As the largest fund of its kind, Bluerock aims to deliver strong tax-advantaged income while pursuing long-term capital appreciation. Since its launch, it has strategically focused on aligning capital investment in high-growth, next-generation real estate sectors, which has successfully led to four distribution increases since its inception.

For further updates on the Bluerock Fund's strategic roadmap and progress, visit bprefund.com.

Investing in the Fund continues to carry risks, including potential loss of capital or reduced returns. Therefore, it is vital for investors to evaluate their investment goals and the associated risks before engaging with the Fund.