Belpointe PREP extends 900 8th Ave land loan maturity to 2027; pays $2.4M

Belpointe PREP, LLC

Maturity of fixed-rate 900 8th Land Loan extended to July 2, 2027 from July 2, 2026.
Borrower paid ~$2.4M: $1.5M principal paydown plus ~$0.9M prepaid interest and fees.
Post-modification principal balance of the 900 8th Land Loan is $8.5M.
Loan modified with KHRE SMA Funding, LLC; secured by 900 8th Avenue South, Nashville.

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