# EDGAR Filing Document

**Accession Number:** 0001691570
**File Stem:** 0001398344-25-016420
**Filing Date:** 2025-8
**Character Count:** 5261
**Document Hash:** ea057d7ce341889e393c250e47b27a76
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-016420.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001398344-25-016420

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**EFFECTIVENESS DATE**: 20250822

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** USQ Core Real Estate Fund
- **CENTRAL INDEX KEY:** 0001691570

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23219
- **FILM NUMBER:** 251245765

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WHITEHORSE LANE, SUITE 200
- **CITY:** KENNETT SQUARE
- **STATE:** PA
- **ZIP:** 19348
- **BUSINESS PHONE:** (610) 925-3120

**MAIL ADDRESS:**
- **STREET 1:** 235 WHITEHORSE LANE, SUITE 200
- **CITY:** KENNETT SQUARE
- **STATE:** PA
- **ZIP:** 19348

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001691570

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** USQ Core Real Estate Fund

**Address:** 235 WHITEHORSE LANE, KENNETT SQUARE, PA 19348

**Telephone number:** 484-731-3101

**Name of agent for service:** UNION SQUARE CAPITAL PARTNERS, LLC

**Agent Address:** 235 WHITEHORSE LANE, KENNETT SQUARE, PA 19348

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-23219

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 549300NGJLL0OESME135

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                             | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                     | VOTE CATEGORY              |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   | SHARES VOTED FOR OR AGAINST MANAGEMENT   | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| BlackRock US Core Property Fund, L.P.      | 97MSCRP36 | 11/22/2024     | Election of Independent Directors                                                                                    | DIRECTOR ELECTIONS         |       12377.7  |                0 | FOR         | 12377.73                                 | FOR                         |  |
| Prime Property Fund, LLC                   | 96MSCXNB9 | 02/19/2025     | Election of Independent Directors                                                                                    | DIRECTOR ELECTIONS         |         509.98 |                0 | FOR         | 509.98                                   | FOR                         |  |
| RREEF America REIT II, Inc.                | 95MSCEB00 | 04/24/2025     | Election of Nominees to Serve on the Board of Managers of the General Partner                                        | DIRECTOR ELECTIONS         |       58682.9  |                0 | FOR         | 58682.94                                 | FOR                         |  |
| RREEF Core Plus Industrial Fund L.P.       | RREEFCPIF | 06/06/2025     | Appointment of Members of the Board of Managers of the General Partner                                               | DIRECTOR ELECTIONS         |           0    |                0 |  |  |  |  |
| MetLife Core Property Fund, LP             | 97MSCrP85 | 06/17/2025     | Consent to the proposed Amendment and Restatement of the Third Amended and Restated Agreement of Limited Partnership | INVESTMENT COMPANY MATTERS |        1177.53 |                0 | FOR         | 1177.53                                  | FOR                         |  |
| Bailard Real Estate Investment Trust, Inc. | 96MSCLC19 | 06/23/2025     | Election of Directors                                                                                                | DIRECTOR ELECTIONS         |      229023    |                0 | FOR         | 229023.08                                | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** USQ Core Real Estate Fund

**By (Signature):** G. Keith Downing

**By (Printed Signature):** G. Keith Downing

**By (Title):** Treasurer

**Date:** 08/21/2025