Belpointe PREP unit lends USD 5 million to 100 Tokeneke Road LLC under convertible note

Reuters
Mar 10
Belpointe PREP unit lends USD 5 million to 100 Tokeneke Road LLC under convertible note

Belpointe PREP, through its subsidiary BPOZ 100 Tokeneke Holding, entered into a USD 5 million convertible loan to Tokeneke Road on March 3, 2026. The note carries 4% interest and is due on March 3, 2026. Separately, Belpointe Tokeneke Investment made a USD 3.25 million convertible loan to Tokeneke Road with 4% interest and the same maturity date. The related-party note required a mandatory conversion of USD 0.62 million into Class A units of Tokeneke Partners. Both loans were used to fund Tokeneke Road’s purchase of a property at 100 Tokeneke Road in Darien, Connecticut.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belpointe PREP LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-009390), on March 09, 2026, and is solely responsible for the information contained therein.

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