Belpointe PREP Subsidiary Extends Maturity Date on $10 Million Loan for Nashville Property

Reuters

01 Jul

Belpointe PREP Subsidiary Extends Maturity Date on $10 Million Loan for Nashville Property

900 Eighth, LP, an indirect majority-owned subsidiary of Belpointe PREP LLC, has successfully negotiated an extension of its $10 million loan with KHRE SMA Funding, LLC. Originally set to mature on June 26, 2025, the loan's maturity date has now been pushed to January 2, 2026, after the Borrower exercised the first of two available six-month extension options. The loan, backed by a 3.2-acre property at 900 8th Avenue South in Nashville, Tennessee, maintains a fixed interest rate of 9.50% per annum. The terms of the loan, other than the extended maturity date, remain unchanged. Belpointe PREP LLC has reaffirmed its commitment to the loan's guaranty agreements in line with this extension.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belpointe PREP LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017157), on June 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Originally set to mature on June 26, 2025, the loan's maturity date has now been pushed to January 2, 2026, after the Borrower exercised the first of two available six-month extension options. The loan, backed by a 3.2-acre property at 900 8th Avenue South in Nashville, Tennessee, maintains a fixed interest rate of 9.50% per annum. The terms of the loan, other than the extended maturity date, remain unchanged. Belpointe PREP LLC has reaffirmed its commitment to the loan's guaranty agreements in line with this extension.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belpointe PREP LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017157), on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OZ","symbol_name":"Belpointe PREP LLC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDL7rxHR9:1","article_id":"2548102070","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548102070","pubTimestamp":1751315487,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"900 Eighth, LP, an indirect majority-owned subsidiary of Belpointe PREP LLC, has successfully negotiated an extension of its $10 million loan with KHRE SMA Funding, LLC. Originally set to mature on June 26, 2025, the loan's maturity date has now been pushed to January 2, 2026, after the Borrower exercised the first of two available six-month extension options. The loan, backed by a 3.2-acre property at 900 8th Avenue South in Nashville, Tennessee, maintains a fixed interest rate of 9.50% per annum. The terms of the loan, other than the extended maturity date, remain unchanged. Belpointe PREP LLC has reaffirmed its commitment to the loan's guaranty agreements in line with this extension.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Be","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OZ":"Belpointe PREP LLC","BK4160":"多样化房地产投资信托v","BK4590":"PTP","BK4233":"房地产运营公司"},"translate_title":"Belpointe PREP子公司延长纳什维尔房产1000万美元贷款的到期日","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OZ":0.9},"content_text":"Belpointe PREP Subsidiary Extends Maturity Date on $10 Million Loan for Nashville Property\n    \n\n        900 Eighth, LP, an indirect majority-owned subsidiary of Belpointe PREP LLC, has successfully negotiated an extension of its $10 million loan with KHRE SMA Funding, LLC. Originally set to mature on June 26, 2025, the loan's maturity date has now been pushed to January 2, 2026, after the Borrower exercised the first of two available six-month extension options. The loan, backed by a 3.2-acre property at 900 8th Avenue South in Nashville, Tennessee, maintains a fixed interest rate of 9.50% per annum. The terms of the loan, other than the extended maturity date, remain unchanged. Belpointe PREP LLC has reaffirmed its commitment to the loan's guaranty agreements in line with this extension.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belpointe PREP LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017157), on June 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}