# EDGAR Filing Document

**Accession Number:** 0001542447
**File Stem:** 0001542447-26-000051
**Filing Date:** 2026-5
**Character Count:** 5479
**Document Hash:** 53c52c371c371f9492c41e5b5923c923
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001542447-26-000051.hdr.sgml**: 20260501

**ACCESSION NUMBER**: 0001542447-26-000051

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260501

**DATE AS OF CHANGE**: 20260501

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RREEF Property Trust, Inc.
- **CENTRAL INDEX KEY:** 0001542447
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 454478978
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-268995
- **FILM NUMBER:** 26932066

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **STREET 2:** 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **STREET 2:** 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RREEF America Property Income Trust, Inc.
- **DATE OF NAME CHANGE:** 20120214

**Filed Pursuant to Rule 424(b)(3)**

**Registration No. 333-268995**

**RREEF PROPERTY TRUST, INC.**

**SUPPLEMENT NO. 2 DATED MAY 1, 2026**

**TO THE PROSPECTUS DATED APRIL 14, 2026**

This document supplements, and should be read in conjunction with, our prospectus dated April 14, 2026, as supplemented by Supplement No. 1 dated April 17, 2026. Unless otherwise defined herein, capitalized terms shall have the same meanings as set forth in the prospectus. The purpose of this supplement is to disclose:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our daily net asset value, or NAV, per share for our common stock for the month of April 2026; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• an update on our share redemption plan activity.

**Historical NAV per Share**

The following table sets forth the NAV per share for the Class A, Class I, Class T, Class D, Class M-I, Class T2 and Class N shares of our common stock on each business day for the month of April 2026. There were no Class S shares of our common stock outstanding during this period.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Date** | **NAV per**<br>**Class A Share** | **NAV per**<br>**Class I Share** | **NAV per**<br>**Class T Share\*\***  | **NAV per**<br>**Class D Share\*** | **NAV per**<br>**Class M-I Share** | **NAV per**<br>**Class T2 Share** | **NAV per Class N Share\*\*** |
| April 1, 2026 | $13.13 | $13.22 | $13.26 | $13.26 | $13.12 | $13.05 | $13.14 |
| April 2, 2026 | $13.06 | $13.16 | $13.20 | $13.18 | $13.05 | $12.99 | $13.07 |
| April 6, 2026 | $13.07 | $13.17 | $13.21 | $13.19 | $13.06 | $13.00 | $13.08 |
| April 7, 2026 | $13.07 | $13.17 | $13.22 | $13.20 | $13.06 | $13.00 | $13.08 |
| April 8, 2026 | $13.08 | $13.17 | $13.22 | $13.20 | $13.06 | $13.00 | $13.08 |
| April 9, 2026 | $13.09 | $13.19 | $13.23 | $13.22 | $13.08 | $13.02 | $13.10 |
| April 10, 2026 | $13.09 | $13.19 | $13.24 | $13.22 | $13.08 | $13.02 | $13.10 |
| April 13, 2026 | $13.10 | $13.20 | $13.24 | $13.22 | $13.09 | $13.03 | $13.11 |
| April 14, 2026 | $13.10 | $13.20 | $13.24 | $13.23 | $13.09 | $13.03 | $13.11 |
| April 15, 2026 | $13.10 | $13.20 | $13.25 | $13.23 | $13.09 | $13.03 | $13.11 |
| April 16, 2026 | $13.11 | $13.20 | $13.25 | $13.23 | $13.10 | $13.03 | $13.11 |
| April 17, 2026 | $13.11 | $13.20 | $13.25 | $13.23 | $13.10 | $13.03 | $13.12 |
| April 20, 2026 | $13.11 | $13.21 | $13.25 | $13.24 | $13.10 | $13.04 | $13.12 |
| April 21, 2026 | $13.11 | $13.21 | $13.26 | $13.24 | $13.10 | $13.04 | $13.12 |
| April 22, 2026 | $13.11 | $13.21 | $13.26 | $13.24 | $13.10 | $13.04 | $13.12 |
| April 23, 2026 | $13.11 | $13.21 | $13.26 | $13.24 | $13.10 | $13.04 | $13.12 |
| April 24, 2026 | $13.11 | $13.21 | $13.26 | $13.24 | $13.11 | $13.04 | $13.12 |
| April 27, 2026 | $13.12 | $13.22 | $13.26 | $13.25 | $13.11 | $13.04 | $13.13 |
| April 28, 2026 | $13.12 | $13.22 | $13.26 | $13.25 | $13.11 | $13.05 | $13.13 |
| April 29, 2026 | $13.12 | $13.22 | $13.27 | $13.25 | $13.11 | $13.05 | $13.13 |
| April 30, 2026 | $13.12 | $13.22 | $13.27 | $13.25 | $13.11 | $13.05 | $13.13 |

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\*Class D shares are currently being offered pursuant to a private placement offering.

\*\*Class N and Class T shares are not available for purchase except through our distribution reinvestment plan.

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Purchases and redemptions of shares of our common stock are made in accordance with our policies as set forth in our prospectus. Our NAV per share is posted daily on our website at *www.rreefpropertytrust.com* and is made available on our toll-free, automated telephone line at (855) 285-0508.

Please refer to "Net Asset Value Calculation and Valuation Guidelines" in our prospectus for important information about how our NAV is determined.

**Redemptions**

For the month of April 2026, we received redemption requests in excess of the 2% monthly limit. As per the terms of our share redemption plan, we honored all death and disability-based redemption requests and any requests for which the total account value was less than the minimum account balance of $500, if any, in full and all other redemption requests on a pro rata basis up to the limit. As such, each stockholder whose April 2026 redemption request was prorated received approximately 95.6% of such request.

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