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Belpointe PREP Secures Major Loans for Sarasota Project

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Belpointe PREP Secures Major Loans for Sarasota Project

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An update from Belpointe PREP ( (OZ) ) is now available.

On September 29, 2025, Belpointe PREP‘s subsidiary, BPOZ 1991 Main, LLC, entered into a $163.3 million variable-rate mortgage loan agreement with SM Finance III LLC to refinance existing debt and fund expenses related to their Sarasota, Florida development project. Additionally, BP Mezz 1991 Main, LLC secured a $40.8 million mezzanine loan for similar purposes, both loans having maturity dates in 2027 with options for extensions, impacting the company’s financial strategy and project funding.

More about Belpointe PREP

Belpointe PREP is a company involved in real estate development, focusing on projects such as the Aster & Links development in Sarasota, Florida.

Average Trading Volume: 6,151

Technical Sentiment Signal: Strong Sell

Current Market Cap: $247.6M

For a thorough assessment of OZ stock, go to TipRanks’ Stock Analysis page.

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