UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT
REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address or principal executive offices) | (Zip Code) |
(Registrant’s telephone number, including area code)
(Former name or former address, if changes since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Class | Trading Symbol | Name of Exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. |
Item 8.01 Other Event
On October 3, 2022, Belpointe PREP, LLC (the “Company”) issued a press release providing its initial assessment of Hurricane Ida’s impact on the Company’s Florida assets. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01 Exhibits
Exhibit Number | Description | |
99.1 | Press Release, dated October 3, 2022. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 3, 2022
BELPOINTE PREP, LLC | ||
By: | /s/ Brandon E. Lacoff | |
Brandon E. Lacoff | ||
Chairman of the Board and Chief Executive Officer |
Exhibit 99.1
Belpointe PREP, LLC Provides Initial Assessment of Hurricane Ian Impact
GREENWICH, CONNECTICUT–October 3, 2022 (PR Newswire)–Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe PREP” or the “Company”), a publicly traded qualified opportunity fund, announced today that following an initial assessment its Florida assets have incurred no or minimal damage as a result of Hurricane Ian.
“We are working closely with our construction, development and property management teams as well as with our tenants to fully assess all damages and coordinate a return to full operations as quickly as possible,” said Brandon Lacoff, Chief Executive Officer of Belpointe PREP. “While we are still in the process of contacting all of our teams and tenants to make sure they all came through the storm safely, we are pleased that our assets have not sustained any significant damage as result of Hurricane Ian.”
About Belpointe PREP
Belpointe PREP, LLC is a publicly traded qualified opportunity fund listed on a national securities exchange. Belpointe PREP’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. Belpointe PREP also intends to acquire, develop or redevelop and manage a wide range of commercial real estate assets located throughout the United States and its territories, including, but not limited to, real estate-related assets, such as commercial real estate loans and mortgages, and debt and equity securities issued by other real estate-related companies, as well as making private equity acquisitions and investments, and opportunistic acquisitions of other qualified opportunity funds and qualified opportunity zone businesses, with the goal of increasing distributions and capital appreciations.
For more information about Belpointe PREP please visit BelpointeOZ.com
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Investor and Media Relations Contact:
Cody H. Laidlaw
Belpointe PREP, LLC
255 Glenville Road
Greenwich, Connecticut 06831
IR@belpointeoz.com
Cover |
Oct. 03, 2022 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Oct. 03, 2022 |
Entity File Number | 001-40911 |
Entity Registrant Name | Belpointe PREP, LLC |
Entity Central Index Key | 0001807046 |
Entity Tax Identification Number | 84-4412083 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 255 Glenville Road |
Entity Address, City or Town | Greenwich |
Entity Address, State or Province | CT |
Entity Address, Postal Zip Code | 06831 |
City Area Code | (203) |
Local Phone Number | 883-1944 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Class A units |
Trading Symbol | OZ |
Security Exchange Name | NYSEAMER |
Entity Emerging Growth Company | true |
Elected Not To Use the Extended Transition Period | false |
Entity Information, Former Legal or Registered Name | Not Applicable |
%/>[1H^#+S$P3
M03,MPY\UJV4,].!Y[G6Z1V;VRKJHACW-">9(\<0B1!]0I;M@6M_G)B,%34:$
M)S6K;AE/X#$O2,G9PTZ._**7N FQW60&$ >$3K=#@" 1A)I1/D&Z
MHA'CSZSVN,.<;<4 ^#9G,;Q"Z8ER"]6@)C31Z@P)"+ A/@',&J$'ZID4Q.1[
M/$4%2-;@A;CS.!8'*BO_N4XHF8+MMVK=TM5AM\F411@02; [@)]2>: _(!F#
M;FDHT,S>T=29?VAF0Z&9!0W-["/0+%]9(- MRQ[WY&T]RL>