0001010549-20-000056.txt : 20200402 0001010549-20-000056.hdr.sgml : 20200402 20200402112005 ACCESSION NUMBER: 0001010549-20-000056 CONFORMED SUBMISSION TYPE: 1-U PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200401 ITEM INFORMATION: Other Events FILED AS OF DATE: 20200402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Belpointe REIT, Inc. CENTRAL INDEX KEY: 0001749817 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 831314648 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 1-U SEC ACT: 1933 Act SEC FILE NUMBER: 24R-00206 FILM NUMBER: 20767786 BUSINESS ADDRESS: STREET 1: 125 GREENWICH AVENUE STREET 2: 3RD FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-622-6000 MAIL ADDRESS: STREET 1: 125 GREENWICH AVENUE STREET 2: 3RD FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 1-U 1 belp1u.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________

FORM 1-U

CURRENT REPORT PURSUANT TO REGULATION A
_________________________________

Date of Report: April 1, 2020

  Belpointe REIT, Inc  
(Exact name of issuer as specified in its charter)
 
Maryland   83-1314648
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer
Identification No.)
 
  125 Greenwich Avenue, 3rd Floor
Greenwich, Connecticut 06830		  
(Full mailing address of principal executive offices)
 
(203) 622-6000
(Issuer’s telephone number, including area code)
 
Title of each class of securities issued pursuant to Regulation A:
Common Stock, $0.01 par value
 
             
 
 

Item 9. Other Events

References to “we,” “us,” “our” or the “Company” refer to Belpointe REIT, Inc. and its subsidiaries, taken together, unless context otherwise requires.

Forward-Looking Statements

This current report on Form 1-U contains forward-looking statements about our business, operations and financial performance, including, in particular, statements about our plans, strategies and objectives. Our use of words like “believe,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “seek,” “may,” “will” and similar expressions or statements regarding future periods or events are intended to identify forward-looking statements. These statements are based on current expectations which involve numerous risks, uncertainties and assumptions. Although we believe the assumptions underlying the forward-looking statements, and the forward-looking statements themselves, are reasonable, any of the assumptions could prove to be inaccurate and, therefore, there can be no assurance that these statements will themselves prove accurate and our actual results, performance and achievements may materially differ from those expressed or implied by these statements as a result of numerous factors, including, without limitation, those discussed under the Risk Factors heading in our offering circular dated March 20, 2020. In light of the significant uncertainties inherent in these forward-looking statements, the inclusion of this information should not be regarded as a representation by us or any other person that our plans, strategies and objectives, which we consider to be reasonable, will be achieved.

Net Asset Value as of April 1, 2020

On March 31, 2020, the board of directors of the Company approved our Manager’s determination of the Company’s net asset value (“NAV”) share of common stock, par value $0.01 per share (the “Common Stock”), and the price at which the Company will continue to issue Common Stock pursuant to its offering statement qualified by the Securities and Exchange Commission on March 20, 2020, at $100.00 per share of Common Stock. Our Manager determined our NAV based on the estimated value of each of our commercial real estate assets and investments and our cash and cash equivalents available for investment and operations.

 

 
 

SIGNATURES

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in Greenwich Connecticut on April 1, 2020.

  Belpointe REIT, Inc.
   
By: /s/ Brandon E. Lacoff
  Brandon E. Lacoff
  Chairman of the Board and Chief Executive Officer