Belpointe OZ says Sarasota Aster & Links apartments reach about 90% leased
OZ•Target for distributions in 2027
Distributions to unitholders are targeted to start in 2027, subject to board approval, loan covenants, and reserve requirements.
Aster & Links nearing stabilization
Belpointe PREP said Aster & Links is about 90% leased across its 424 residential units, nearing stabilization.
Stabilization is targeted for late 2026 to early 2027, a step toward refinancing into long-term fixed-rate Fannie Mae or Freddie Mac debt.
