Belpointe PREP Q2 FY26 net loss widens to $9.26 million; revenue climbs to $5.37 million
Reuters2026/08/04 20:44- 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.
- 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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