Belpointe OZ blames Class A unit decline on lower capital gains reinvestment, not company issues

Belpointe PREP, LLC

Management says price drop due to reduced capital gains reinvestment, not company or portfolio developments.
No new Class A units issued under $750M offering at current price; no plan to issue units now.
CEO Lacoff reassures unitholders of long-term focus and commitment to Qualified Opportunity Zone program.
Company is first publicly traded Qualified Opportunity Fund, listed on NYSE American as OZ.

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