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Form 424B3 RREEF Property Trust,

July 6, 2022 2:00 PM EDT
Filed Pursuant to Rule 424(b)(3)
Registration No. 333-232425

RREEF PROPERTY TRUST, INC.
SUPPLEMENT NO. 5 DATED JULY 6, 2022
TO THE PROSPECTUS DATED APRIL 18, 2022

This document supplements, and should be read in conjunction with, our prospectus dated April 18, 2022, as supplemented by Supplement No. 1 dated May 6, 2022, Supplement No. 2 dated May 17, 2022, Supplement No. 3 dated June 3, 2022 and Supplement No. 4 dated July 1, 2022. 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:

•our daily net asset value, or NAV, per share for our common stock for the month of June 2022; and
•the limit on redemptions pursuant to our share redemption plan for the third quarter of 2022.

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 June 2022. There were no Class S shares of our common stock outstanding during this period.
Date
NAV per
Class A Share
NAV per
Class I Share
NAV per
Class T Share
NAV per
Class D Share*
NAV per
Class M-I Share
NAV per
Class T2 Share
NAV per Class N Share**
June 1, 2022$17.25$17.35$17.29$17.38$17.28$17.25$17.30
June 2, 2022$17.26$17.36$17.31$17.39$17.29$17.26$17.31
June 3, 2022$17.24$17.34$17.29$17.37$17.27$17.25$17.29
June 6, 2022$17.24$17.33$17.28$17.37$17.26$17.24$17.29
June 7, 2022$17.25$17.35$17.30$17.38$17.28$17.26$17.31
June 8, 2022$17.22$17.32$17.26$17.35$17.25$17.22$17.27
June 9, 2022$17.19$17.28$17.23$17.32$17.22$17.19$17.24
June 10, 2022$17.17$17.26$17.21$17.29$17.19$17.17$17.21
June 13, 2022$17.10$17.20$17.15$17.23$17.13$17.11$17.15
June 14, 2022$17.10$17.19$17.14$17.22$17.12$17.10$17.14
June 15, 2022$17.13$17.22$17.17$17.25$17.15$17.13$17.17
June 16, 2022$17.10$17.20$17.15$17.23$17.13$17.10$17.15
June 17, 2022$17.10$17.20$17.15$17.23$17.13$17.11$17.15
June 21, 2022$17.11$17.21$17.16$17.24$17.14$17.11$17.16
June 22, 2022$17.12$17.22$17.17$17.25$17.15$17.12$17.17
June 23, 2022$17.18$17.27$17.22$17.30$17.20$17.18$17.22
June 24, 2022$17.20$17.30$17.25$17.33$17.23$17.20$17.25
June 27, 2022$17.20$17.30$17.25$17.33$17.23$17.20$17.25
June 28, 2022$17.19$17.29$17.24$17.32$17.22$17.19$17.24
June 29, 2022$17.19$17.28$17.23$17.31$17.21$17.18$17.23
June 30, 2022$17.18$17.28$17.22$17.31$17.20$17.18$17.22

*Class D shares are currently being offered pursuant to a private placement offering.
**Class N shares are not available for purchase except through our distribution reinvestment plan.


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.

Share Redemption Plan Limit

For the quarter ended September 30, 2022, the limit for redemptions pursuant to our share redemption plan is $33,141,514.

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