Belpointe PREP
About: Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories. Company currently has two reporting segments, commercial: includes properties such as office, retail centers, and warehouses; and mixed-use: includes properties that blend both residential and retail components within a single real estate asset.
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0.96% less ownership
Funds ownership: 37.97% [Q4 2024] → 37.01% (-0.96%) [Q1 2025]
6% less funds holding
Funds holding: 47 [Q4 2024] → 44 (-3) [Q1 2025]
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
16% less capital invested
Capital invested by funds: $103M [Q4 2024] → $87.2M (-$16.2M) [Q1 2025]
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for OZ.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Belpointe PREP Is Attractive Again Trading At Only 0.55x NAV
Belpointe PREP offers unique growth in the REIT sector, focusing on opportunity zones and a robust development pipeline for future income generation. Recent completion of Aster & Links and progress on the Viv project are driving rental revenue growth, but current earnings remain negative due to lease-up and interest expenses. The fund trades at a significant discount to NAV (0.55x), making it undervalued as asset values rise and new projects near completion.
Neutral
GlobeNewsWire
1 month ago
Belpointe OZ's VIV Development Nears Completion, Leasing Anticipated to Begin Later this Year
St. Petersburg, FL, May 27, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) (NYSE American: OZ), a publicly traded qualified opportunity fund, is pleased to announce that construction of its premier mixed-use development in St. Petersburg, Florida, VIV, is approximately 85% complete. With final construction activities underway, the project is currently anticipated to begin leasing later this year.
Neutral
GlobeNewsWire
1 month ago
Aster & Links Achieves Leasing Milestone with One-Third of Residential Units Now Leased
Sarasota, FL, May 13, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) (NYSE American: OZ), a publicly traded qualified opportunity fund, is proud to announce that its flagship asset, Aster & Links, a premier 424-unit mixed-use luxury apartment community, has successfully leased approximately one-third of its residential units. This milestone follows Aster & Links' highly anticipated grand opening celebration held in early April, marking the official debut of what we believe is one of Sarasota's most exciting new residential addresses.
Neutral
GlobeNewsWire
4 months ago
Belpointe OZ Announces Fourth Quarter 2024 Net Asset Value Per Class A Unit
GREENWICH, Conn., March 10, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”), a publicly traded qualified opportunity fund, today announced its unaudited quarterly net asset value (“NAV”) as of December 31, 2024, of $439,479,873 or $119.94 per Class A Unit.
Negative
Seeking Alpha
5 months ago
Belpointe PREP: Give Yourself A Tax Cut II
Roll big capital gains into a Qualified Opportunity Fund, or QOF, to defer taxes and potentially gain tax-exempt returns after a decade. Silicon Valley unicorn founders should leverage the Qualified Small Business Stock, or QSBS, exemption to minimize federal taxes, but beware of California's harsh tax policies. To avoid California taxes, relocate to a no-income-tax state well before selling your company and document your new residency thoroughly.
Neutral
GlobeNewsWire
5 months ago
Belpointe OZ Regains Compliance with NYSE American Listing Standards Following Successful Completion of Annual Meeting
GREENWICH, Conn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) the first and only Qualified Opportunity Fund listed on a national securities exchange, today announced that we have received notice from NYSE American LLC (“NYSE American”) that we have regained compliance with the continued listing standards following the successful completion of our 2024 Annual Meeting of Unitholders on January 28, 2025.
Neutral
GlobeNewsWire
6 months ago
Belpointe OZ Adjourns Annual Meeting to January 28, 2025 and Announces Notice of Noncompliance with NYSE American Continued Listing Standards
GREENWICH, CONNECTICUT, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) today announced that its adjourned annual meeting (the “Annual Meeting”), has been rescheduled for Tuesday, January 28, 2025 at 12:00 p.m. E.T. at the Company's corporate headquarters, located at 255 Glenville Road, Greenwich, Connecticut 06831, to accommodate for the distribution of certain additional materials to its unitholders. Unitholders planning to attend the meeting in person are requested to contact Belpointe OZ's Investor Relations team at 1-833-828-2721 or via email at IR@belpointeoz.com for further details.
Neutral
GlobeNewsWire
6 months ago
Belpointe OZ Adjourns Annual Meeting to January 24, 2025
GREENWICH, CT, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our,” or the “Company”), the first publicly traded qualified opportunity fund, today announced that its annual meeting of unitholders (the “Annual Meeting”), originally scheduled for Friday, December 19, 2024, at 12:00 p.m. E.T., has been adjourned. The adjournment was necessary as a quorum, defined as the minimum number of units required to conduct business, was not present either in person or by proxy when the Annual Meeting was called to order.
Negative
Seeking Alpha
7 months ago
Belpointe PREP: Narrower Valuation Discount Makes Me More Cautious
Belpointe PREP offers diversification in the REIT sector, focusing on opportunity zones, but remains in an early growth phase with significant execution risks. The fund's shares trade at a discount to NAV, but the valuation gap has narrowed, making it less attractive for new investments currently. Belpointe PREP's project pipeline is substantial, yet current earnings and cash flow generation are limited, with significant reliance on future redevelopment success.
Neutral
GlobeNewsWire
8 months ago
Belpointe OZ Provides Initial Assessment on Hurricane Milton Impact
GREENWICH, CONNECTICUT, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”), a publicly traded qualified opportunity fund, is pleased to report that Hurricane Milton inflicted no significant damage to our properties, Aster & Links, in Sarasota, Florida, and Viv, in St. Petersburg, Florida.
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