Belpointe Prep, LLC (OZ) — SEC Filings
Belpointe Prep, LLC (OZ) — 24 SEC filings. Latest: 10-Q (Nov 14, 2025). Includes 11 8-K, 6 10-Q, 2 DEF 14A.
View Belpointe Prep, LLC on SEC EDGAR
Overview
Belpointe Prep, LLC (OZ) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 14, 2025: Belpointe PREP, LLC (OZ) reported a significant increase in rental revenue for the nine months ended September 30, 2025, reaching $6.123 million, up from $1.581 million in the prior year, representing a 287% increase. Despite this revenue growth, the company experienced a net loss of $28.392 million
Sentiment Summary
Across 24 filings, the sentiment breakdown is: 2 bearish, 22 neutral. The dominant filing sentiment for Belpointe Prep, LLC is neutral.
Filing Type Overview
Belpointe Prep, LLC (OZ) has filed 6 10-Q, 1 8-K/A, 11 8-K, 2 DEF 14A, 2 10-K, 1 10-K/A, 1 SC 13G/A with the SEC between Feb 2024 to Nov 2025.
Filings by Year
Recent SEC Filings (24)
Risk Profile
Risk Assessment: Of OZ's 23 recent filings, 3 were flagged as high-risk, 7 as medium-risk, and 13 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $6.123M |
| Net Income | -$28.392M |
| EPS | -$7.64 |
| Total Assets | $531.671M |
| Total Debt | $251.442M |
Key Executives
- Brandon E. Lacoff
Industry Context
The real estate development sector, particularly within Opportunity Zones, is characterized by significant capital requirements and regulatory incentives. Companies in this space often rely heavily on debt financing to fund property acquisitions and development. The current environment may present challenges due to rising interest rates and potential shifts in real estate demand.
Top Tags
real-estate (10) · Real Estate (5) · material-agreement (5) · 10-Q (4) · amendment (3) · Opportunity Zones (2) · 10-Q Filing (2) · financial-obligation (2) · 10-K (2) · corporate-action (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Rental Revenue | $6.123M | Increased 287% for the nine months ended September 30, 2025, from $1.581M in 2024. |
| Net Loss | $28.392M | Widened from $15.622M in 2024 for the nine months ended September 30, 2025. |
| Total Expenses | $32.303M | Increased 109% for the nine months ended September 30, 2025, from $17.365M in 2024. |
| Interest Expense | $12.072M | Increased for the nine months ended September 30, 2025, from $5.757M in 2024. |
| Debt, net | $251.442M | Increased from $177.017M at December 31, 2024, to September 30, 2025. |
| Loss on extinguishment of debt | $2.960M | Incurred for the nine months ended September 30, 2025. |
| Proceeds from units issued | $8.403M | Raised from Class A units in Follow-on Offering for the nine months ended September 30, 2025. |
| NAV per Class A unit | $116.74 | As of June 30, 2025, announced on August 29, 2025. |
| Loss per Class A unit (basic and diluted) | $7.64 | For the nine months ended September 30, 2025, compared to $4.30 in 2024. |
| Real estate, net | $531.671M | Increased from $485.276M at December 31, 2024, to September 30, 2025. |
| Commission File Number | 001-40911 | Identifies the company's filing with the SEC |
| IRS Employer Identification No. | 84-4412083 | Company's tax identification number |
| Revenue | $0 | Reported for the three and six months ended June 30, 2025, indicating pre-revenue stage. |
| Class A Common Stock Equity | $1,000,000 | Consistent from December 31, 2024, to June 30, 2025, showing stable capital base. |
| Shares of Class A Common Stock | 1,000,000 | Issued as of August 1, 2025, indicating recent capital structure activity. |
Forward-Looking Statements
- {"claim":"Other institutional investors may re-evaluate their positions in Belpointe PREP, LLC following this disclosure.","entity":"Belpointe PREP, LLC","targetDate":"Q1 2024","confidence":"medium"}
Frequently Asked Questions
What are the latest SEC filings for Belpointe Prep, LLC (OZ)?
Belpointe Prep, LLC has 24 recent SEC filings from Feb 2024 to Nov 2025, including 11 8-K, 6 10-Q, 2 DEF 14A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of OZ filings?
Across 24 filings, the sentiment breakdown is: 2 bearish, 22 neutral. The dominant sentiment is neutral.
Where can I find Belpointe Prep, LLC SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Belpointe Prep, LLC (OZ) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Belpointe Prep, LLC?
Key financial highlights from Belpointe Prep, LLC's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for OZ?
The investment thesis for OZ includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Belpointe Prep, LLC?
Key executives identified across Belpointe Prep, LLC's filings include Brandon E. Lacoff.
What are the main risk factors for Belpointe Prep, LLC stock?
Of OZ's 23 assessed filings, 3 were flagged high-risk, 7 medium-risk, and 13 low-risk.
What are recent predictions and forward guidance from Belpointe Prep, LLC?
Recent forward-looking statements from Belpointe Prep, LLC include guidance on {"claim":"Other institutional investors may re-evaluate their positions in Belpointe PREP, LLC following this disclosure.