Belpointe OZ

What Belpointe OZ does

Belpointe OZ (legal entity Belpointe PREP, LLC) is a publicly traded Qualified Opportunity Fund listed on NYSE American under the ticker OZ, and is currently the only QOF trading on a national securities exchange. The company invests in multifamily and mixed-use real estate development projects located in federally designated Opportunity Zones, targeting investors with realized capital gains who seek to defer, reduce, or potentially eliminate federal capital gains taxes under Section 1400Z of the Tax Cuts and Jobs Act of 2017. Its core offerings are the Class A units representing limited liability interests in the fund, distributed through two channels: public market trading on NYSE American and a direct subscription pathway, with content marketing (white paper, investment decks, weekly eLetter) used to attract capital gains taxpayers, financial advisors, and tax advisors. The fund's portfolio comprises 15 assets and over 2,000 residential units, with two flagship projects actively in the lease-up phase: Aster & Links, a 424-unit mixed-use development in downtown Sarasota, Florida anchored by Sprouts Farmers Market and approximately 70% leased as of April 2026, and VIV, a 269-unit, two-tower luxury apartment community in St. Petersburg's EDGE District, approximately 50% leased as of April 2026. Aggregate gross offering proceeds since inception stand at $368.6 million, NAV per Class A unit was $116.17 as of December 31, 2025, and a $204.1 million post-construction refinance loan was closed with Affinius Capital in October 2025 to support the Aster & Links asset.

Belpointe OZ generates revenue through the development, lease-up, and operation of multifamily and mixed-use real estate assets, with current income primarily tied to rental revenue as Aster & Links and VIV stabilize; longer-term economics depend on property appreciation and the realization of OZ tax benefits for unit holders. The business model is structured as a publicly traded partnership taxed as a C-corporation, providing public-market liquidity and quarterly NAV disclosure that differentiate it from non-traded QOFs. The company is sponsored by Belpointe, LLC, a Greenwich, CT-based family office founded in 2001 with over $7 billion in assets under management, 200+ professionals, and 13+ lines of business, which provides development expertise, deal flow, and balance sheet support. All operations are concentrated in the Southeastern United States, specifically Florida.

Name

Belpointe OZ

Legal name

Belpointe PREP, LLC

Website

https://belpointeoz.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Belpointe OZ (Belpointe PREP, LLC) is the only publicly traded Qualified Opportunity Fund on NYSE American (ticker: OZ), investing in multifamily and mixed-use real estate in federally designated Opportunity Zones to offer capital gains tax deferral and potential elimination to investors. Its portfolio of 15 assets and 2,000+ units is anchored by Aster & Links (Sarasota) and VIV (St. Petersburg).

Ownership category

akta.pro rank

Product category

Qualified Opportunity Fund (Opportunity Zone Real Estate Investment)

NAICS

Other Financial Vehicles (52599), Other Investment Pools and Funds (5259)

SIC

Real Estate Investment Trusts (6798), Finance Services (6199)

akta.pro primary industry

UCITS / Liquid Alternatives Fund of Funds (FSAHAKAE)

Keywords

• Qualified Opportunity Fund
• Opportunity Zone investing
• Tax-advantaged real estate
• Multifamily real estate development
• Capital gains deferral

Headquarters

HQ city

Greenwich

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Real Estate Investment Returns: Belpointe OZ generates returns through development and operation of multifamily and mixed-use real estate projects in Opportunity Zones. Revenue comes from rental income as properties stabilize and lease up, as well as potential appreciation upon eventual sale of properties. The company is structured as a publicly traded partnership (PTP), taxed as a C-corporation.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Belpointe OZ is a publicly traded Qualified Opportunity Fund (ticker: OZ on NYSE American) that invests in multifamily and mixed-use real estate developments located in federally designated Opportunity Zones. The fund offers SEC-registered Class A units to investors seeking to defer, reduce, and potentially eliminate federal capital gains taxes under Section 1400Z of the Tax Cuts and Jobs Act of 2017, with a portfolio of 15 assets spanning over 2,000 residential units across U.S. Southeast markets.

Product overview

Belpointe OZ operates as a single unified investment offering—a publicly traded Qualified Opportunity Fund (QOF) listed on NYSE American under ticker OZ. The fund's portfolio consists of real estate development projects including Aster & Links (424-unit mixed-use development in Sarasota, FL) and VIV (269-unit luxury apartment community in St. Petersburg, FL). Belpointe OZ provides investors access to near-term revenue-generating assets in the lease-up phase with reduced construction risk, offering tax advantages including capital gains deferral, reduction, and elimination under Section 1400Z of the Tax Cuts and Jobs Act of 2017. The company supplements its core investment offering with educational resources including a white paper, investment deck, and how-to-invest guide.

Differentiator

Problem solved

Functional benefit

Brands

• Aster & Links: 424-unit mixed-use luxury apartment development in downtown Sarasota, Florida with retail components including Sprouts Farmers Market
• VIV

Products and services

• Belpointe OZ Qualified Opportunity Fund (Class A Units) A publicly traded Qualified Opportunity Fund listed on NYSE American (ticker: OZ) that enables investors to defer, reduce, and potentially eliminate federal capital gains taxes through investment in real estate developments located in federally designated Opportunity Zones. SEC-registered Class A units are available to individual investors, financial advisors, and tax advisors.
• Aster & Links A 424-unit mixed-use luxury apartment and retail development in downtown Sarasota, Florida, anchored by Sprouts Farmers Market and approximately 70% leased as of April 2026; serves as a portfolio asset within the Belpointe OZ Qualified Opportunity Fund.
• VIV A 269-unit luxury apartment community consisting of two 15-story towers with retail space and 335 parking spaces in St. Petersburg, Florida's EDGE District near the St. Pete Pier and Tropicana Field, approximately 50% leased as of April 2026; serves as a portfolio asset within the Belpointe OZ Qualified Opportunity Fund.

Quantifiable outcome

• 67%+ leasing as of March 2026 for Aster & Links; 50%+ leasing as of April 2026 for VIV
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mid-America Apartment Communities: Public multifamily REIT with a Sun Belt concentration similar to Belpointe OZ's Florida-heavy portfolio. Both target growing metros in the Southeast and compete for the same rental housing demand.
• Camden Property Trust: Public multifamily REIT with a meaningful Sun Belt footprint including Florida assets. Compares on residential lease-up economics and same submarkets Belpointe OZ operates in.
• Independence Realty Trust: Public multifamily REIT focused on non-gateway Sun Belt markets with significant Florida exposure. Closely comparable operating geography and product type to Belpointe OZ's portfolio.
• NexPoint Residential Trust: Public multifamily REIT concentrated in Sun Belt markets, including Florida. Competes directly for the same renter demographic and acquisition opportunities in Belpointe OZ's target geographies.

Broad incumbents

• AvalonBay Communities: Large public multifamily REIT competing for institutional capital allocation to residential real estate. While portfolio is more geographically diversified and coastal-urban oriented, it competes with Belpointe OZ for multifamily equity flows.
• Equity Residential: Large public multifamily REIT with an urban-coastal portfolio. Competes with Belpointe OZ for the same pool of public market investors seeking apartment sector exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BelpointeOZ
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/belpointe-oz

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Belpointe OZ