Added to YB: 2026-10-13
Pitch date: 2026-09-27
BPRE [bullish]
Bluerock Private Real Estate Fund
+0.97%
current return
Author Info
Forty years on the buyside, spent mostly on the cash flow statement. One-hour analyses of companies Wall Street stopped covering. No recommendations, no model portfolio, no promotion. Sign up for the newsletter.
Company Info
N/A
Market Cap
N/A
Pitch Price
$12.37
Price Target
19.50 (+56%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Capital Markets
Category
special_situation
One Hour Analysis: ($BPRE) What would it take to break $BPRE's NAV?
BPRE: Bluerock Private Real Estate Fund is a governance-driven discount trade, not a 13.3%-yield story: shares at $12.35 compare with $22.58 stated NAV and a stressed $19.50 asset-value estimate. Yet the manager earns 1.5% on NAV, the board apparently repurchased no shares despite an authorization, and most distributions are return of capital. Saba’s planned 2027 campaign offers a catalyst; absent action, value may remain trapped and returns could be only ~3% annually.
Read full article (25 min)