Bluerock Private Real Estate Fund adds 0.20% services fee; adviser waives 53%
Effective July 1, 2026, the fund entered an Administrative Services Agreement with its adviser, Bluerock Fund Advisor, LLC, to cover administrative work tied to its shift from institutional investment funds into direct real estate holdings. The fund will pay a fee of 0.20% of average managed assets, but the adviser has voluntarily waived a portion equal to the fee on assets held in institutional investment funds, which the filing says is about 53% of the fee owed. The fund also said it had closed about $250 million of direct real estate investments and had about $450 million under contract or in its pipeline as of July 1, 2026.
Key points
- Administrative Services Agreement dated July 1, 2026, with Bluerock Fund Advisor, LLC; fee of 0.20% of average managed assets, payable monthly from July 1, 2026
- Adviser waives approximately 53% of the fee, based on investments as of July 1, 2026
- As of July 1, 2026: about $250 million of direct real estate investments closed; about $450 million under contract or in pipeline
- Agreement can be terminated on 60 days' written notice without penalty
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.