Belpointe PREP raised $213.2M in Primary Offering from Oct-Dec 2021, aggregate $332.2M

Belpointe PREP, LLC

Issued 2,132,039 Class A units from Oct 7 to Dec 31, 2021, raising ~$213.2M gross.
Aggregate gross proceeds as of Dec 31, 2021 from all offerings: ~$332.2M.
Primary Offering registered up to $750M in Class A units, declared effective Sep 30, 2021.
Merger of Belpointe REIT into BREIT Merger completed Oct 12, 2021; exchange ratio 1.05 Class A units per share.

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