other_material
confidence high
sentiment neutral
materiality 0.25
Belpointe PREP extends $10M Nashville land loan maturity to Jan 2026
Belpointe PREP, LLC
- Exercised first extension option on $10M loan secured by 3.2-acre land in Nashville.
- Maturity extended from June 26, 2025 to January 2, 2026; terms otherwise unchanged.
- Interest rate remains 9.50% per annum during extension period.
- Loan by indirect subsidiary 900 Eighth, LP, guaranteed by Belpointe PREP.
- Company reaffirmed Guaranty Agreements in connection with the extension.
item 1.01item 9.01