This is a routine quarterly NAV update with no operational or financial catalyst. Monitor the next quarterly NAV filing for trends in property valuations and leverage; the current NAV per unit of $116.37 serves as a benchmark against the trading price on NYSE American.
Price Chart
Executive Summary
Belpointe PREP, LLC disclosed its quarterly net asset value (NAV) as of June 30, 2026, via an Item 8.01 Other Events filing. Total NAV was $455,013,467, or $116.37 per Class A unit, based on $727.3M in real property investments and $282.3M in debt. This is a routine quarterly NAV update for a non-traded REIT-like structure, providing transparency but no material new operational or financial event.
Key Facts
- NAV as of June 30, 2026: $455,013,467
- NAV per Class A unit: $116.37
- Total assets: $761,525,631
- Total liabilities: $306,512,164
- Investments in real properties: $727,299,889
- Debt and other borrowings: $282,311,738
- Class A units outstanding: 3,909,902
Financial Impact
Quarterly NAV disclosure with no change in operations or capital structure. NAV per unit of $116.37 provides a reference point for the $189M market cap.
Risk Factors
- NAV is an estimate and may not be realizable upon sale of assets
- High leverage with $282.3M debt against $727.3M in properties (39% LTV)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-040486 |
| Document: 0001493152-26-040486-index.html | 0001493152-26-040486 |
| Document: 0001493152-26-040486.txt | 0001493152-26-040486 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $35.52 | awaiting T+20 | — | $34.52 (−2.82%) |
Oct 16, 2026 11d ago | SC 13G | $35.75 | awaiting T+20 | — | $34.52 (−3.44%) |
Aug 28, 2026 8w ago | 8-K | $47.86 $42.00 | ▼ −12.24% | ▼ −12.50% | $34.52 (−27.87%) |
Jun 15, 2026 19w ago | 8-K | $46.07 $45.65 | ▼ −0.93% | ▼ −1.13% | $34.52 (−25.08%) |
US Market Status
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