---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-018392"
form_type: "8-K"
ticker: "OZ"
cik: "0001807046"
company_name: "Belpointe PREP, LLC"
filed_at: "2022-07-01T23:59:59+00:00"
generated_at: "2026-06-24T21:46:13.243361+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Belpointe PREP invests $3.8M for majority stake in UConn-area development; commits $58.5M more

## Summary
- Subsidiary originated $3.8M equity investment for majority ownership of CMC Storrs SPV, owner of 60-acre site near UConn.
- Committed to fund up to $58.5M additional equity for development of a 250-unit apartment community in Mansfield, CT.
- Restructured $30M loan to CEO-affiliate Norpointe through QOZB subsidiary to comply with QOF rules; new loan matures June 28, 2023.
- Loan bears 5% interest, secured by first mortgage on Norwalk property; original loan repaid in full.
- UConn's Storrs campus has over 18,000 undergraduates, 75% living off campus, cited as key demand driver.

## SEC filing metadata
- accession: 0001493152-22-018392
- form_type: 8-K
- ticker: OZ
- cik: 0001807046
- company_name: Belpointe PREP, LLC
- filed_at: 2022-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807046/000149315222018392/0001493152-22-018392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807046/000149315222018392/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-018392
- JSON: https://secwatch.observer/filing/0001493152-22-018392.json
- Plain text: https://secwatch.observer/filing/0001493152-22-018392.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.