Belpointe PREP posted a GAAP net loss attributable to Belpointe PREP of USD 9.24 million in the quarter ended June 30, 2026, widening from USD 7.63 million.
Revenue rose to USD 5.37 million, while total segment NOI swung to a gain of USD 1.27 million from a loss of USD 1.14 million.
Interest expense climbed to USD 5.58 million from USD 2.87 million, as development completion reduced interest capitalization.
Leasing and liquidity
Aster & Links was more than 82% leased as of July 26, 2026, while VIV was more than 71% leased.
Cash and cash equivalents and restricted cash totaled USD 22 million at June 30, 2026, down from USD 29.7 million a year earlier.
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