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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.

12/10/2024

Valkea Resources Reports That JV Partner Rupert Resources Will Advance to Stage 2 of Valkea's Sikavaara Project Earn-In Agreement

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Valkea Resources Corp. (TSXV: OZ) (formerly Outback Goldfields Corp.) (the "Company" or "Valkea") is pleased to announce that Rupert Resources Corp. ("Rupert") has notified the Company that it has satisfied the Stage 1 requirements of its earn-in agreement (the "Agreement") on the Company's Sikavaara Project (the "Project") and has elected to enter Stage 2, whereby Rupert can earn in up to 70% of the Project. "We are very pleased that Rupert is advancing to Stage 2 of the Agreement," commented Chris Donaldson, CEO of Valkea.

10/22/2024

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Belpointe PREP, LLC (OZ) can sell. Click on Rating Page for detail.

What is Belpointe PREP, LLC's stock price?

The price of Belpointe PREP, LLC (OZ) is 76.88 and it was updated on 2024-12-26 13:00:51.

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Currently Belpointe PREP, LLC (OZ) is in undervalued.

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News
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. Mon, Oct. 14, 2024
Belpointe OZ Announces Second Quarter Net Asset Value Per Class A Unit Greenwich, CT, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ”), a publicly traded qualified opportunity fund, today announced its unaudited quarterly net asset value (“NAV”) as of June 30, 2024 of $356.78 million or $98.24 per Class A unit. Fri, Aug. 30, 2024
Belpointe PREP: Significant Discount To NAV Should Gradually Narrow Ahead Belpointe PREP trades at a significant discount to its intrinsic value due to a lack of cash flow generation. The company aims to develop and buy commercial real estate in qualified opportunity zones, offering favorable tax treatment to investors. OZ's current investments consist mainly of undeveloped land and properties under construction, with plans to increase debt leverage for future investments. Wed, Aug. 14, 2024
Belpointe OZ Announces First Quarter Net Asset Value Per Class A Unit Greenwich, CT, June 03, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ”), a publicly traded qualified opportunity fund, today announced its unaudited quarterly net asset value (“NAV”) as of March 30, 2024 of $361.66 million or $99.59 per Class A unit. Mon, Jun. 03, 2024
Belpointe PREP: 40% Discount To NAV Makes It A Speculative Buy Belpointe PREP, LLC is a speculative investment with a significant discount to NAV in the REIT sector. The company manages commercial real estate assets within qualified opportunity zones, offering favorable capital gains tax treatment. Belpointe's assets are mainly under construction, but its growth prospects and focus on specific real estate segments make it attractive to long-term investors. Tue, Apr. 16, 2024

SEC Filings

SEC Filings
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/06/2024
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 11/29/2024
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/25/2024
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/22/2024
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 11/14/2024
Belpointe PREP, LLC (OZ) - DEFA14A SEC Filings 11/05/2024
Belpointe PREP, LLC (OZ) - DEF 14A SEC Filings 11/05/2024
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 10/16/2024
Belpointe PREP, LLC (OZ) - 10-Q/A - Quarterly Report SEC Filings 09/20/2024
Belpointe PREP, LLC (OZ) - 10-K/A - Current report SEC Filings 09/20/2024
Belpointe PREP, LLC (OZ) - FWP SEC Filings 09/09/2024
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 08/30/2024
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 08/14/2024
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 07/05/2024
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 06/03/2024
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 05/14/2024
Belpointe PREP, LLC (OZ) - 10-K - Current report SEC Filings 03/29/2024
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 02/29/2024
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 02/13/2024
Belpointe PREP, LLC (OZ) - SC 13G/A SEC Filings 02/08/2024
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/29/2023
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 11/20/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 11/17/2023
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 11/14/2023
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 10/25/2023
Belpointe PREP, LLC (OZ) - DEFA14A SEC Filings 10/05/2023
Belpointe PREP, LLC (OZ) - DEF 14A SEC Filings 10/05/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 09/06/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 09/01/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 08/25/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 08/14/2023
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 08/11/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 07/11/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 07/05/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 06/27/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 06/20/2023
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 06/20/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 06/12/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 06/06/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 06/06/2023
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 05/31/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 05/19/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 05/18/2023
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 05/15/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 05/11/2023
Belpointe PREP, LLC (OZ) - EFFECT SEC Filings 05/10/2023
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 04/27/2023
Belpointe PREP, LLC (OZ) - S-11 SEC Filings 04/14/2023
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 04/03/2023
Belpointe PREP, LLC (OZ) - 10-K - Current report SEC Filings 03/31/2023
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 02/08/2023
Belpointe PREP, LLC (OZ) - SC 13G/A SEC Filings 02/07/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 01/25/2023
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/27/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 12/20/2022
Belpointe PREP, LLC (OZ) - DEFA14A SEC Filings 12/19/2022
Belpointe PREP, LLC (OZ) - DEF 14A SEC Filings 12/19/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 12/15/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/09/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/05/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/30/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/21/2022
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 11/10/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 10/25/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 10/03/2022
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 08/11/2022
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 08/10/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 07/01/2022
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 05/16/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 03/29/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 03/21/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 03/18/2022
Belpointe PREP, LLC (OZ) - 10-K - Current report SEC Filings 03/11/2022
Belpointe PREP, LLC (OZ) - SC 13G SEC Filings 02/14/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 02/03/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 02/01/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 01/26/2022
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 01/06/2022
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/27/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/23/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 12/22/2021
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 12/15/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/16/2021
Belpointe PREP, LLC (OZ) - 10-Q - Quarterly Report SEC Filings 11/15/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 11/12/2021
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 11/04/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 10/20/2021
Belpointe PREP, LLC (OZ) - CERT SEC Filings 10/14/2021
Belpointe PREP, LLC (OZ) - 8-K - Current report SEC Filings 10/14/2021
Belpointe PREP, LLC (OZ) - 8-A12B SEC Filings 10/14/2021
Belpointe PREP, LLC (OZ) - 3 SEC Filings 10/13/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 10/08/2021
Belpointe PREP, LLC (OZ) - FWP SEC Filings 10/05/2021
Belpointe PREP, LLC (OZ) - EFFECT SEC Filings 10/01/2021
Belpointe PREP, LLC (OZ) - EFFECT SEC Filings 10/01/2021
Belpointe PREP, LLC (OZ) - 424B4 SEC Filings 10/01/2021
Belpointe PREP, LLC (OZ) - 424B4 SEC Filings 09/30/2021
Belpointe PREP, LLC (OZ) - CORRESP SEC Filings 09/29/2021
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 09/28/2021
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 09/24/2021
Belpointe PREP, LLC (OZ) - UPLOAD SEC Filings 09/23/2021
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 09/15/2021
Belpointe PREP, LLC (OZ) - EFFECT SEC Filings 09/14/2021
Belpointe PREP, LLC (OZ) - EFFECT SEC Filings 09/14/2021
Belpointe PREP, LLC (OZ) - 424B3 SEC Filings 09/13/2021
Belpointe PREP, LLC (OZ) - CORRESP SEC Filings 09/09/2021
Belpointe PREP, LLC (OZ) - S-4/A SEC Filings 08/31/2021
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 08/23/2021
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 08/20/2021
Belpointe PREP, LLC (OZ) - UPLOAD SEC Filings 08/10/2021
Belpointe PREP, LLC (OZ) - S-4/A SEC Filings 07/30/2021
Belpointe PREP, LLC (OZ) - S-11/A SEC Filings 07/16/2021
Belpointe PREP, LLC (OZ) - S-4/A SEC Filings 07/08/2021
Belpointe PREP, LLC (OZ) - UPLOAD SEC Filings 05/20/2021
Belpointe PREP, LLC (OZ) - S-4 SEC Filings 04/22/2021
Belpointe PREP, LLC (OZ) - S-11 SEC Filings 04/22/2021
Belpointe PREP, LLC (OZ) - UPLOAD SEC Filings 08/13/2020
Belpointe PREP, LLC (OZ) - DRS/A SEC Filings 07/30/2020
Belpointe PREP, LLC (OZ) - CORRESP SEC Filings 07/30/2020
Belpointe PREP, LLC (OZ) - UPLOAD SEC Filings 05/13/2020
Belpointe PREP, LLC (OZ) - DRS SEC Filings 04/16/2020

Press Releases

StockPrice Release
Valkea resources reports that jv partner rupert resources will advance to stage 2 of valkea's sikavaara project earn-in agreement 10/22/2024
Belpointe oz provides initial assessment on hurricane milton impact 10/14/2024
Belpointe oz announces second quarter net asset value per class a unit 08/30/2024
Belpointe oz announces first quarter net asset value per class a unit 06/03/2024
Belpointe oz announces fourth quarter net asset value per class a unit 02/29/2024
Belpointe oz announces third quarter net asset value per class a unit of $103.50 11/17/2023
Belpointe oz signs greystar as their property manager for aster & links, two luxury 10-story buildings in sarasota, fl 11/14/2023
Belpointe oz to host investor presentation on november 17th at 4:30pm est 11/10/2023
Belpointe oz addresses recent market volatility and class a unit price 10/19/2023
Belpointe oz celebrates its topping-off two luxury 10-story buildings in sarasota, fl 09/18/2023
Belpointe prep, llc announces second quarter net asset value per class a unit of $98.58 09/01/2023
Belpointe oz breaks ground on 269 unit development in st. petersburg, florida 06/15/2023
Belpointe oz secures $130 million construction loan from bank ozk for sarasota development project—aster & links 06/07/2023
Belpointe prep, llc announces initial nav per class a unit 05/31/2023
Belpointe oz announces a new offering designed for broker-dealers. 05/17/2023
Belpointe prep, llc announces all outstanding loan receivables have been repaid in full and early 12/20/2022
Belpointe prep, llc acquires new opportunity zone property in nashville, tennessee 12/09/2022
Belpointe prep, llc acquires new opportunity zone property in storrs, connecticut 10/25/2022

More Headlines

News
Belpointe OZ Announces Fourth Quarter Net Asset Value Per Class A Unit Greenwich, CT, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ”), a publicly traded qualified opportunity fund, today announced its unaudited quarterly net asset value (“NAV”) as of December 31, 2023 of $365.43 million or $100.88 per Class A unit. 02/29/2024
Belpointe OZ Announces Third Quarter Net Asset Value Per Class A Unit of $103.50 Greenwich, CT, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) ("Belpointe OZ"), a publicly traded qualified opportunity fund, today announced its unaudited quarterly net asset value ("NAV") as of September 30, 2023 of $370.49 million or $103.50 per Class A unit. 11/17/2023
Belpointe OZ Signs Greystar as Their Property Manager for Aster & Links, Two Luxury 10-story Buildings in Sarasota, FL Greenwich, CT, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE: American: OZ) (“Belpointe OZ” or the “Company”), the first publicly traded Qualified Opportunity Fund (“QOF”), is pleased to announce the signing of Greystar, a global leader in the development and management of rental housing, as their property manager for Aster & Links, the Company's two-building development in Sarasota, Florida. 11/14/2023
Belpointe PREP: Despite Trading At A Discount, Don't Overlook Dilution Risk Belpointe PREP is trading at a discount to its NAV despite its growth prospects and conservative balance sheet. The company focuses on commercial real estate in qualified opportunity zones, offering favorable capital gains tax treatment for investors. Belpointe PREP has a short track record and limited income-generating assets, but has potential for growth if it can successfully execute its projects. 11/14/2023
Belpointe OZ to Host Investor Presentation on November 17th at 4:30pm EST Greenwich, CT, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), the first publicly traded Qualified Opportunity Fund, announced that it will host an investor presentation with question and answer period on Friday, November 17 at 4:30 p.m. ET. 11/10/2023
Belpointe OZ Addresses Recent Market Volatility and Class A Unit Price Greenwich, CT, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or “the Company”), the first publicly traded Qualified Opportunity Fund, is issuing this press release to address the recent market volatility in its Class A units and the unit price decline. 10/19/2023
Belpointe OZ Celebrates Its Topping-Off Two Luxury 10-Story Buildings in Sarasota, FL Sarasota, FL, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), the first publicly traded Qualified Opportunity Fund (“QOF”), is pleased to announce the topping-off of the two luxury 10-story buildings, named Aster & Links, located at 1991 Main Street, Sarasota, FL. 09/18/2023
Belpointe PREP, LLC Announces Second Quarter Net Asset Value Per Class A Unit of $98.58 Greenwich, CT, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) ("Belpointe OZ"), a publicly traded qualified opportunity fund, today announced its unaudited quarterly net asset value ("NAV") as of June 30, 2023 of $351.6 million or $98.58 per Class A unit. 09/01/2023

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Belpointe OZ Announces Fourth Quarter Net Asset Value Per Class A Unit