secwatch.observer — SEC 8-K summary
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Issuer:     Belpointe PREP, LLC (OZ)
CIK:        0001807046
Form:       8-K/A
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001493152-26-009416
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Belpointe PREP makes $5M convertible loan for Darien property; related party also lends $3.25M
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- Indirect subsidiary BPOZ Tokeneke made $5M loan to 100 Tokeneke Road, LLC at 3.6% interest, due March 3, 2028.
- Loan convertible into Class A units of Tokeneke Partners at $14.50 per unit, at BPOZ Tokeneke's sole discretion.
- Related party (CEO family entity) made separate $3.25M loan; $625K mandatory conversion made it 50% owner of Tokeneke Partners.
- Proceeds used by borrower to purchase real property at 100 Tokeneke Road, Darien, CT.
- Conflicts Committee of Board reviewed and approved all transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807046/000149315226009416/0001493152-26-009416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807046/000149315226009416/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-009416

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