Company Overview

Belpointe PREP, LLC is a publicly traded real estate investment and development platform focused on U.S. Qualified Opportunity Zones (QOZs). The company operates primarily in the real estate and alternative investment sectors, targeting tax-advantaged development and redevelopment opportunities created under the Opportunity Zone provisions of the U.S. Tax Cuts and Jobs Act of 2017. Its activities are concentrated on acquiring, developing, managing, and investing in residential, mixed-use, hospitality, and commercial real estate assets located in designated Opportunity Zones across the United States.

The company’s primary revenue drivers are tied to real estate development, property operations, asset appreciation, and investment management activities associated with Opportunity Zone projects. Belpointe PREP has positioned itself as a specialized platform seeking to combine tax-efficient investment structures with urban redevelopment initiatives in high-growth metropolitan markets. Public filings and investor materials indicate that the company evolved from the broader Belpointe group of affiliated real estate and financial services businesses, with its investment strategy centered on long-term capital deployment into designated Opportunity Zone assets.

Business Operations

Belpointe PREP conducts its operations through a real estate investment structure focused on sourcing, financing, developing, and managing Qualified Opportunity Zone properties. The company’s activities include direct property ownership, development partnerships, and investments in projects intended to benefit from Opportunity Zone tax incentives. Public disclosures indicate that the business has pursued multifamily residential, hospitality, and mixed-use developments as part of its investment portfolio. Its operations are primarily U.S.-focused, with exposure concentrated in domestic real estate markets rather than international operating businesses.

The company operates in coordination with affiliated entities within the broader Belpointe platform, including relationships involving property management, development oversight, and investment administration. Available public information identifies Belpointe REIT Manager, LLC and affiliated Belpointe entities as important components of the company’s operational structure. The firm’s assets and services are tied closely to real estate acquisition capabilities, development expertise, and Opportunity Zone regulatory compliance. Data regarding large-scale joint ventures or international subsidiaries remains limited in publicly available disclosures.

Strategic Position & Investments

Belpointe PREP’s strategic direction centers on expanding its Opportunity Zone real estate portfolio and increasing exposure to high-growth urban and suburban development markets. The company has emphasized investments in multifamily housing, mixed-use redevelopment, and projects located in economically targeted regions expected to benefit from demographic growth and infrastructure investment. Its investment thesis relies heavily on the long-term appreciation potential of Opportunity Zone assets combined with tax-efficient investment structures for shareholders.

The company has pursued property acquisitions and development initiatives through affiliated real estate networks and partnerships associated with the Belpointe organization. Publicly available materials reference investments and development interests in multiple U.S. real estate markets, although detailed disclosure regarding all portfolio holdings and acquisition values is limited. The business also appears to position itself around emerging trends in urban redevelopment and tax-advantaged real estate finance. Data concerning material investments outside the real estate sector is inconclusive based on available public sources.

Geographic Footprint

Belpointe PREP is headquartered in Greenwich, Connecticut, and its investment activities are focused primarily within the United States. The company targets federally designated Opportunity Zones located in major metropolitan and growth-oriented regions, with investments tied to residential and mixed-use development corridors. Public disclosures indicate exposure to projects in multiple states, though the company’s operational footprint remains substantially domestic rather than multinational.

The firm’s market presence is linked to U.S. real estate development and investment activity rather than international operations. Its strategic emphasis has been on identifying Opportunity Zone projects in economically expanding urban markets across regions including the Northeast, Southeast, and other high-growth U.S. corridors. Available filings and investor materials do not indicate significant direct operational influence outside the United States.

Leadership & Governance

Belpointe PREP’s governance structure is tied closely to affiliated Belpointe entities and externally managed real estate investment operations. Public filings indicate that leadership has emphasized long-term real estate value creation through tax-advantaged development strategies and disciplined capital allocation within Opportunity Zones. The company’s governance framework reflects a manager-led structure commonly used in externally managed real estate investment platforms.

Key executives and leadership figures identified in public disclosures include:

• Brandon Lacoff – Chief Executive Officer
• Jonathan F. Mangum – Chief Financial Officer
• Michael S. Liebeskind – General Counsel and Secretary

Additional governance and management responsibilities are shared across affiliated Belpointe entities involved in investment management and operational oversight. Certain leadership and board composition details vary across filings and reporting periods, and some governance information is limited in publicly accessible sources.