other material
confidence high
sentiment positive
materiality 0.60
Belpointe PREP acquires Nashville opportunity zone site for $16.2M
Belpointe PREP, LLC
- Aggregate purchase price of $16.2 million, exclusive of transaction costs.
- 5.92-acre opportunity zone site on the riverfront in East Nashville.
- Partnered with local developer CA South Development; mixed-use redevelopment planned.
- Fifth Nashville investment; Urban Land Institute ranks Nashville #1 real estate market.