Belpointe PREP extends 900 8th land loan to 2027
Belpointe PREP, LLC entered into a Loan Modification Agreement on June 10, 2026 for its fixed-rate loan secured by 900 8th Avenue South in Nashville, Tennessee.
Rhea-AI Filing Summary
Belpointe PREP, LLC entered into a Loan Modification Agreement on June 10, 2026 for its fixed-rate loan secured by 900 8th Avenue South in Nashville, Tennessee. The agreement extends the loan’s maturity date from July 2, 2026 to July 2, 2027, giving the company an additional year before repayment is due.
In connection with the modification, 900 Eighth, LP and certain affiliates paid the lender about $2.4 million, including $1.5 million of principal paydown and roughly $0.9 million of prepaid interest and fees. After this payment, the principal balance on the 900 8th Land Loan is $8.5 million, clarifying the remaining debt tied to this property.
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8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Loan maturity extension: July 2, 2027
Total payment on modification: $2.4 million
Principal paydown: $1.5 million
+2 more
5 metrics
Loan maturity extension
July 2, 2027
New maturity date for 900 8th Land Loan (from July 2, 2026)
Total payment on modification
$2.4 million
Paid by 900 Eighth and affiliates to lender on June 10, 2026
Principal paydown
$1.5 million
Portion of modification payment reducing 900 8th Land Loan principal
Prepaid interest and fees
$0.9 million
Portion of modification payment for interest and fees
Remaining principal balance
$8.5 million
Principal on 900 8th Land Loan after modification
Key Terms
Loan Modification Agreement, fixed-rate loan, maturity date, principal paydown, +1 more
5 terms
Loan Modification Agreement financial
"entered into a loan modification agreement (the “Loan Modification Agreement”) with KHRE SMA Funding, LLC"
fixed-rate loan financial
"with respect to the fixed-rate loan secured by 900 8th Avenue South, Nashville, Tennessee"
A fixed-rate loan is a debt where the interest rate stays the same for the life of the loan, so periodic payments of principal and interest remain predictable. For investors, that predictability matters because it makes cash flow and interest cost easier to forecast, reduces exposure to rising market rates, and affects the valuation and risk profile of borrowers and debt-funded projects—similar to locking in a fixed monthly bill instead of one that can jump with market swings.
maturity date financial
"extends the maturity date of the 900 8th Land Loan from July 2, 2026 to July 2, 2027"
The maturity date is the specific day when a loan, bond, or investment reaches its full term and the borrower must repay the borrowed amount in full. It is important for investors because it indicates when they will receive their initial money back and can plan their future financial steps accordingly. Think of it as the due date for a loan or the day a gift card or coupon expires.
principal paydown financial
"consisting of $1.5 million in principal paydown and approximately $0.9 million in prepaid interest and fees"
prepaid interest financial
"consisting of $1.5 million in principal paydown and approximately $0.9 million in prepaid interest and fees"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What loan change did Belpointe PREP (OZ) disclose in this 8-K?
Belpointe PREP disclosed a Loan Modification Agreement for its fixed-rate loan secured by 900 8th Avenue South in Nashville, Tennessee. The change focuses on extending the maturity date and adjusting principal, interest, and fee payments with the existing lender.
How did the loan maturity change for Belpointe PREP’s 900 8th Land Loan?
The maturity date of the 900 8th Land Loan was extended from July 2, 2026 to July 2, 2027. This gives Belpointe PREP an additional year before the loan comes due, providing more time to manage or refinance the property-related debt.
How much did Belpointe PREP and affiliates pay in connection with the loan modification?
In connection with the Loan Modification Agreement, 900 Eighth, LP and affiliates paid approximately $2.4 million to the lender. This consisted of a $1.5 million principal paydown and about $0.9 million in prepaid interest and fees tied to the modified loan terms.
What is the remaining principal on Belpointe PREP’s 900 8th Land Loan?
Following the Loan Modification Agreement and related payment, the principal balance of the 900 8th Land Loan is $8.5 million. This figure represents the remaining loan amount secured by 900 8th Avenue South in Nashville after the principal reduction.
Who is the lender on Belpointe PREP’s modified 900 8th Land Loan?
The lender on the modified 900 8th Land Loan is KHRE SMA Funding, LLC. Belpointe PREP, 900 Eighth, LP, and certain other affiliates entered into the Loan Modification Agreement with this lender covering the Nashville property’s fixed-rate financing.
Which Belpointe PREP affiliates are party to the 900 8th loan modification?
The parties to the Loan Modification Agreement are Belpointe PREP, LLC, 900 Eighth, LP, and certain other affiliates of the company. Together they modified the fixed-rate land loan secured by 900 8th Avenue South in Nashville, Tennessee with their existing lender.
AI-generated analysis. How Rhea-AI works. Not financial advice.
