Belpointe PREP LLC has entered into an agreement for a development site at 100 Tokeneke Road in Darien, Connecticut. The property will be contributed by the seller to an indirect subsidiary of Belpointe OZ in exchange for equity in the project entity. No upfront cash was paid by Belpointe OZ for the transaction, and the company plans to provide future capital for the luxury multifamily development. The agreement also allows Belpointe OZ to buy out the seller at a pre-agreed valuation in the future.
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 GlobeNewswire (Ref. ID: GNW9625178-en) on January 13, 2026, and is solely responsible for the information contained therein.