Belpointe PREP announces shareholder letter availability to unitholders

Reuters04-09

Belpointe PREP announces shareholder letter availability to unitholders

Belpointe PREP made available letter to unitholders from Chairman and CEO Brandon Lacoff outlining leasing progress, financing plans, development pipeline, and Opportunity Zone 2.0 positioning.
Aster & Links in Sarasota surpassed 70% residential leasing, with about 44,000 of 51,000 square feet of retail leased.
VIV in St. Petersburg exceeded 40% residential leasing since lease-up began in October 2025.
Stabilization expected in late 2026 to early 2027, with refinancing into fixed-rate Fannie Mae or Freddie Mac debt targeted for 2027.
Distributions forecast to start in 2027, with sale of 900 8th Avenue South in Nashville set at about $19.3 million with closing anticipated in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belpointe PREP LLC published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604081601PRIMZONEFULLFEED9686383) on April 08, 2026, and is solely responsible for the information contained therein.

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