{"url_path":"/sec/cik-0001542447/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1542447/0001542447-26-000055-index.html","accession_number":"0001542447-26-000055","cik":"0001542447","ticker":null,"issuer_name":"RREEF Property Trust, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1542447/0001542447-26-000055-index.html","primary_entity_key":"0001542447","primary_entity_name":"RREEF Property Trust, Inc."},"word_count":640,"has_tables":true,"body_markdown":"ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS\n\nUnregistered Sales of Equity Securities\n\nWe did not sell any unregistered shares during the three months ended March 31, 2026 that were not previously reported.\n\nShare Redemption Plan\n\nPursuant to our share redemption plan (\"SRP\") as adopted by our board of directors, stockholders of the Company may request, on a monthly basis, that we redeem all or any portion of their shares of common stock, provided that such redemptions (i) will be effected at a redemption price (the “Redemption Price”) equal to the NAV per share for such applicable class of shares as of a date (the “Redemption Pricing Date”) that is at least ten business days before their redemption (the “Redemption Date”) and (ii) will be limited to no more than 2.0% of our combined NAV per month and no more than 5.0% of our combined NAV per calendar quarter, with our combined NAV for each limit to be calculated as of the last calendar day of the prior quarter. After the close of business on the Redemption Pricing Date, and in any event no later than the opening of business on the immediately following business day, we will post the Redemption Price for each class of shares of common stock on our website. In the event that there is a material change in the NAV per share between the Redemption Pricing Date and the Redemption Date, we may determine that the previously-disclosed Redemption Price is no longer appropriate. If the Redemption Price for the applicable month is not made available by the tenth business day prior to the last business day of the month (or is changed after such date), then no redemption requests will be accepted for such month and stockholders who wish to have their shares redeemed the following month must resubmit their redemption requests.\n\nWhile there is no minimum holding period, purchased shares (excluding shares acquired via our distribution reinvestment plan) redeemed within 365 days of the date of purchase will be redeemed at the NAV per share of the class of shares being redeemed on the Redemption Date less a short-term trading discount equal to 2% of the gross proceeds otherwise payable with respect to such purchased shares which are being redeemed.\n\nIn the event that any stockholder fails to maintain a minimum balance of $500 (not in thousands) worth of shares of common stock, we may redeem all of the shares held by that stockholder at the Redemption Price in effect for the month in which such shares are redeemed by us, less the short-term trading discount of 2%, if applicable. Minimum account redemptions will apply even in the event that the failure to meet the minimum balance is caused solely by a decline in our NAV.\n\nUnder the SRP, redemptions requested for January and March 2026 exceeded the applicable monthly or quarterly limit as described above. Accordingly, stockholders received 71.3% and 79.4% of the amount requested for the months of January and March 2026, respectively. Redemption requests for February 2026 did not exceed the applicable monthly limit, and thus all redemptions requested were honored. The following table sets forth information regarding redemptions of shares of our common stock by month under the SRP.\n\n55\n\n[Table of Contents](#i1cf9c4ef98c84affbcd6b90d79d6179b_7)\n\nPeriodTotal Number of Shares RedeemedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs\nMaximum Number of Shares that May Yet Be Purchased Pursuant to the Program (1)\n\nJanuary 1 - January 31, 2026\n311,667 $13.02 311,667 (1)\n\nFebruary 1 - February 28, 2026\n243,939 13.10 243,939 (1)\n\nMarch 1 - March 31, 2026\n219,288 13.18 219,288 (1)\n\n(1) Redemptions are limited as described above.\n\nWe funded these redemptions with cash flow from operations, proceeds from our offerings or borrowings on our Wells Fargo Line of Credit."}