$OZ·8-K

Belpointe PREP, LLC · Jun 15, 4:23 PM ET

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Belpointe PREP, LLC 8-K

Research Summary

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Updated

Belpointe PREP, LLC Extends 900 8th Loan Maturity to July 2027

What Happened Belpointe PREP, LLC reported on an amendment to its loan for 900 8th Avenue South in Nashville. On June 10, 2026 the Company, 900 Eighth, LP and certain affiliates entered a Loan Modification Agreement with KHRE SMA Funding, LLC that extends the fixed‑rate 900 8th Land Loan maturity from July 2, 2026 to July 2, 2027. In connection with the modification, 900 Eighth paid approximately $2.4 million (about $1.5 million principal paydown plus ~$0.9 million in prepaid interest and fees), leaving a principal balance of $8.5 million.

Key Details

  • Loan modification executed: June 10, 2026; 8-K filed June 15, 2026.
  • New maturity date: July 2, 2027 (previously July 2, 2026).
  • Cash paid to lender: ~ $2.4 million (≈ $1.5M principal paydown; ≈ $0.9M prepaid interest/fees).
  • Principal balance after modification: $8.5 million.

Why It Matters The agreement changes the timing and cash requirements for the 900 8th Land Loan: Belpointe PREP deferred the loan maturity by one year but paid a meaningful cash amount to do so. For investors, this affects near‑term liquidity needs and the schedule for when the Company must address this debt (now due July 2027 instead of July 2026). The filing is a factual update on the Company’s debt position and repayment timeline.

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