Belpointe PREP receives full prepayment of $5 million loan to 100 Tokeneke Road
OZ•A Belpointe PREP subsidiary received $5.11 million in full repayment of its $5 million loan to 100 Tokeneke Road on October 22, 2026. The repayment included $114,904.11 in accrued interest and ended the convertible note; a related-party investor’s capital contribution increased its Tokeneke Partners ownership to approximately 71%.
1. Loan repaid in full
Belpointe PREP’s subsidiary BPOZ Tokeneke received full repayment of its $5 million loan to 100 Tokeneke Road on October 22, 2026. The $5.11 million payment included $114,904.11 in accrued interest, with no early termination penalties. The loan originated on March 3, 2026, at 3.6% annual interest and was due March 3, 2028.
2. Convertible rights ended
Repayment terminated the convertible promissory note, including the right to convert into Tokeneke Partners Class A units at $14.50 per unit; none were converted. Related-party investor Belpointe Tokeneke Investment funded repayment through a capital contribution, increasing its Tokeneke Partners ownership from 50% to approximately 71%.
