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Belpointe PREP, LLC: Business Overview, Financials & Competitive Analysis

Belpointe PREP, LLC (NYSE American: OZ) is a publicly traded qualified opportunity fund focused on real estate development and investment in Qualified Opportunity Zones throughout the U.S. As a leading qualified oppor...

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Belpointe PREP, LLC OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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6/ 10Solid

Cyborg Score thesis

Specialized real estate development platform capturing QOF tax incentives with meaningful pipeline scale, though execution timing...

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Industry Real Estate Development & Qualified Opportunity Funds
4 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: July 27, 2026
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Belpointe PREP, LLC Overview

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Belpointe PREP, LLC (NYSE American: OZ) is a publicly traded qualified opportunity fund focused on real estate development and investment in Qualified Opportunity Zones throughout the U.S. As a leading qualified opportunity fund, the company currently owns 15 assets and is actively developing a portfolio of multifamily and mixed-use projects in strategically selected opportunity zone markets with long-term growth potential.

Strategic Profile

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The company raised aggregate gross offering cash proceeds of $368.6 million by December 31, 2025 and reported a net asset value of $116.17 per Class A unit as of that date. Belpointe OZ has over 2,500 units in its development pipeline throughout four cities, representing an approximate total project cost of over $1.3 billion. Operations are externally managed by Belpointe PREP Manager, LLC, which is affiliated with sponsor Belpointe, LLC.

Competitive Landscape

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Belpointe OZ is a publicly traded qualified opportunity fund focused on real estate development and investment in Qualified Opportunity Zones in the United States. As the first publicly traded QOF listed on a national exchange, the company operates in a specialized niche with limited direct competitors. The broader competitive landscape includes private QOF sponsors, traditional REITs, and real estate developers focusing on similar mixed-use and multifamily segments in emerging markets.

Industry Context

Belpointe PREP, LLC operates in Real Estate Development & Qualified Opportunity Funds.

Key facts

Founded: 2018 · Headquarters: Greenwich, Connecticut, US · Employees: N/A · Revenue: N/A · Market cap: N/A

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Recent developments

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Industry context

Belpointe PREP, LLC operates in Real Estate Development & Qualified Opportunity Funds. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Belpointe PREP, LLC do?+
Belpointe PREP, LLC (NYSE American: OZ) is a publicly traded qualified opportunity fund focused on real estate development and investment in Qualified Opportunity Zones throughout the U.S. As a leading qualified oppor...
What is Belpointe PREP, LLC's Cyborg Score?+
Belpointe PREP, LLC has a Cyborg Score of 6/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Belpointe PREP, LLC's main competitors?+
The full competitive landscape for Belpointe PREP, LLC is in the AskCyborg report.
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