NYSE American - Delayed Quote • USD Belpointe PREP, LLC (OZ) Follow Compare 60.75 +0.25 +(0.41%) At close: January 17 at 12:45:54 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 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 pla 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 eit 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. “We are grateful for this favorable outcome, and extend our thoughts to all of those affected by this storm,” said Brandon Lacoff, Bel 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. “We are pleased with our Q2 NAV,” said Brandon Lacoff, Belpointe OZ’s Chief Executive Officer. “Notwithstanding a slight decrease of approximately 1%, mainly due to a valuation change in the Nashville, TN, market, ou Quality, scale matter most in banking sector: Portfolio manager During Federal Reserve Chair Jerome Powell's latest press conference, he was bullish on the banking industry despite the prevailing high interest rate environment. To discuss their outlook on the banking sector, Zacks Investment Management Client Portfolio Manager Brian Mulberry and Whalen Global Advisors Chairman Chris Whalen join Market Domination. Mulberry notes that there hasn't been "another wave of bank failures," attributing previous failures to poor management and "overexposure to bad assets." However, he acknowledges that banks have rebounded, gained more liquidity, and strengthened their structures. Looking ahead, Mulberry emphasizes that quality and scale "will matter the most" for banks moving forward. On the other hand, Whalen advises looking at "the banks that actually perform well." Whalen expresses skepticism about the commercial banking sector's ability to achieve a soft landing scenario under the current high interest rate environment, citing "a horrific destruction of value." However, he suggests that the consumer side of banking remains relatively resilient. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith 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. “Our Q1 2024 NAV represents an approximately 1% decrease from our Q4 2023 NAV, and was mainly driven by a valuation change in the Nashville, TN market and by an increase in general operating costs associated with ou 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. “Despite current challenges and uncertainties in the commercial real estate market, including higher interest rates, tighter lending conditions and increased construction costs, we are pleased to announce that o Southern Realty Trust Provides $56.4 Million Mezzanine Financing for 650,000+ SF Multi-Family Community WEST PALM BEACH, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated a mezzanine loan in the aggregate amount of $56.4 million for Aster & Links (the “Project”), a multi-family community development with ground floor retail located on Main Street and Links Avenue in Sarasota, Florida. Spanning over 650,000 square feet, the Project is located in downtown Sarasota, which has attractive supply/demand fundamentals and strong AFC Gamma Closes Two Syndicated Commercial Real Estate Loans Commercial Real Estate Transactions Totaling $56.4 million during January 2024WEST PALM BEACH, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced it committed $56.4 million for two commercial real estate mezzanine loans in January 2024. Southern Realty Trust Inc. (“SRT”), an affiliated fund, originated the loans and is lead agent with AFC Gamma acting as a syndicate partner. In the first transaction, AFC Gamma funded a $28.2 milli Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return OZ S&P 500 YTD -20.07% +1.52% 1-Year -10.66% +25.82% 3-Year -33.97% +28.61%