secwatch.observer — SEC 8-K summary
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Issuer:     Belpointe PREP, LLC (OZ)
CIK:        0001807046
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0001493152-22-000572
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Belpointe PREP provides $30M loan to CEO-affiliated entity at 5% interest
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- Loan of $30M to Norpointe, LLC, an affiliate of CEO Brandon Lacoff.
- Interest at 5% per annum; maturity on December 31, 2022.
- Secured by first mortgage on property at 41 Wolfpit Avenue, Norwalk, CT.
- Note and mortgage filed as exhibits to the 8-K.
- Related-party transaction; CEO's affiliation disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807046/000149315222000572/0001493152-22-000572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807046/000149315222000572/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-000572

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer