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Belpointe OZ Announces Aster & Links Reaches Leasing Milestone

MWN-AI** Summary

Belpointe PREP, LLC, known as Belpointe OZ, recently announced a significant milestone for its flagship asset, Aster & Links, in downtown Sarasota, Florida. The mixed-use luxury apartment community has successfully leased approximately two-thirds of its 424 residential units, indicating strong demand for premium rental properties in the area. As the leasing progresses, the community is on its way to achieving full occupancy, fostering a thriving residential atmosphere.

Located centrally, Aster & Links offers a variety of well-designed living spaces, including one-, two-, and three-bedroom apartments, with many units featuring additional rooms for entertaining. Higher-end two-level penthouses boast impressive ceilings and upscale appliances. The development is not just about housing; it includes around 60,000 square feet of retail space featuring established brands like Sprouts Farmers Market and upcoming stores such as Pause Studio and Embers Pilates. This comprehensive approach enhances the community’s appeal, providing residents with convenient access to various amenities.

Brandon Lacoff, CEO of Belpointe OZ, expressed optimism regarding the leasing momentum, emphasizing its reflection of the robust Sarasota residential market. With over 2,000 units in development across multiple cities, Belpointe OZ is focused on growth, with extensive plans that include a project pipeline surpassing $1 billion in cost.

Investors are encouraged to review Belpointe OZ's filings with the SEC to understand the associated risks before considering an investment in the company’s Class A units. Aster & Links exemplifies Belpointe OZ's commitment to creating high-quality living environments paired with beneficial commercial spaces, positioning it well in the competitive real estate market. For more details, visit asterandlinks.com or contact their investor relations team.

MWN-AI** Analysis

Belpointe OZ’s announcement regarding the leasing milestone at Aster & Links is indicative of strong demand for luxury rental housing in downtown Sarasota, a trend likely to continue in the coming years. With approximately two-thirds of its 424 units leased, Aster & Links is moving toward stabilization, showcasing the property's appeal and the ongoing urban revival in the area.

Investors should note that the current momentum aligns well with the broader trend of urban living, where high-quality amenities and proximity to cultural and social hubs drive demand. With Sarasota's status as a desirable destination, characterized by its vibrant arts scene and waterfront attractions, Aster & Links is positioned favorably.

Belpointe OZ’s portfolio, including over 2,000 units across multiple cities with a total project cost exceeding $1 billion, suggests robust growth potential. However, it’s crucial to approach investment in Belpointe OZ (NYSE American: OZ) with caution given the inherent risks associated with real estate ventures, especially as they relate to market fluctuations and the completion of future projects.

Investors should conduct thorough due diligence, taking the time to review Belpointe OZ's prospectus and risk factors outlined in their SEC filings. The high degree of risk is underscored in their statements regarding potential losses, necessitating a careful assessment of personal risk tolerance before investing in Class A units.

In conclusion, while Belpointe OZ presents a compelling opportunity driven by the strong leasing activity at Aster & Links, prospective investors should be wary of the risks and ensure they have a solid understanding of the market dynamics at play. Overall, maintaining a diversified portfolio and being mindful of investment timing in this sector will be key strategies moving forward.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Sarasota, Florida, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) (NYSE American: OZ), a publicly traded qualified opportunity fund, today announced that its flagship asset, Aster & Links, a premier 424-unit mixed-use luxury apartment community in downtown Sarasota, Florida, has successfully leased approximately two-thirds of its residential units.

This leasing milestone reflects continued progress in the project’s lease-up phase and, in our view, underscores the sustained demand for high-quality rental housing in downtown Sarasota. As occupancy increases, Aster & Links continues advancing toward stabilization while building a growing residential community.

Situated in the heart of downtown Sarasota, Aster & Links offers residents an elevated living experience with thoughtfully designed and spacious one-, two- and three-bedroom apartments, many featuring powder rooms or dens well-suited for entertaining. Two-level penthouses include soaring ceilings, townhome-style layouts, and premium appliance packages. The community is complemented by a robust amenity offering and a highly walkable location near many of Sarasota’s arts, dining, and waterfront destinations.

“We are encouraged by the continued leasing momentum at Aster & Links,” said Brandon Lacoff, Chief Executive Officer of Belpointe OZ. “Reaching approximately two-thirds leased represents meaningful progress as the property continues its transition toward stabilization and, we believe, reflects the continued strength of the Sarasota residential market.”

In addition to its residential component, Aster & Links boasts approximately 60,000 square feet of curated retail, featuring existing retailers: Sprouts Farmers Market®, OfKors® Cafe, Isabel Boutique, ServisFirst Bank, SkinSpirit®, upcoming retailers: Pause® Studio, Embers Pilates, and Atelier + Design, and additional retailers anticipated.

For additional information or to schedule a private tour, please visit asterandlinks.com or call 888-680-3897.

About Aster & Links

Aster & Links is a premier mixed-use luxury community located in downtown Sarasota, Florida. The development combines sophisticated rental residences with neighborhood-serving retail in a walkable urban setting. Designed with modern living in mind, Aster & Links offers upscale amenities, distinctive architecture, and access to Sarasota’s cultural, dining, and waterfront attractions. Learn more at asterandlinks.com or by calling 888-680-3897.

About Belpointe OZ

Belpointe OZ is a publicly traded qualified opportunity fund, listed on NYSE American under the symbol “OZ.” To date, Belpointe OZ has over 2,000 units in its development pipeline throughout four cities, representing an approximate total project cost of over $1.0 billion.

Belpointe OZ has filed a registration statements (including a combined prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offer and sale of up to an aggregate of $750,000,000 of Class A units representing limited liability interests in Belpointe OZ (the “Class A units”). Before you invest, you should read Belpointe OZ’s most recent prospectus and the other documents that it has filed with the SEC for more complete information about Belpointe OZ and the offering. Investing in Belpointe OZ’s Class A units involves a high degree of risk, including a complete loss of investment. Prior to making an investment decision, you should carefully consider Belpointe OZ’s investment objectives and strategy, risk factors, fees and expenses and any tax consequences that may results from an investment in Belpointe OZ’s Class A units. To view Belpointe OZ’s most recent prospectus containing this and other important information visit sec.gov or investors.belpointeoz.com. Alternatively, you may request Belpointe OZ send you the prospectus by calling (203) 883-1944 or emailing IR@belpointeoz.com. Read the prospectus in its entirety before making an investment decision.

Cautionary Note Regarding Forward-Looking Statements

This press release (this “Press Release”) contains express or implied “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to qualify for the “safe harbor” from liability established by those sections. Forward-looking statements are based on our current beliefs and assumptions, and on information currently available to us, and only speak as of the date of this Press Release. All statements other than statements of historical fact, such as statements containing estimates, projections and other forward-looking information, are forward-looking statements. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties and other factors beyond our control, including factors described in our filings with the SEC, such as those detailed under the heading “Risk Factors” in our annual report on Form 10-K and quarterly reports on Form 10-Q. We cannot provide you with assurance that any of the assumptions upon which our forward-looking statements are based will prove to be correct. Should one or more risks materialize, or should our underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and you are therefore cautioned against placing undue reliance on any forward-looking statements. Except as otherwise required by applicable law, including federal securities laws, we do not intend to update or revise any forward-looking statements as a result of new information, future events, actual results, revised expectations or otherwise We further expressly disclaim any written or oral statements made by a third party regarding the subject matter of this Press Release.

Investor Relations and Media Contact:
Cody H. Laidlaw
Belpointe PREP, LLC
255 Glenville Road
Greenwich, Connecticut 06831
IR@belpointeoz.com
203-883-1944


FAQ**

What factors are driving the current demand for luxury rental properties like Aster & Links in downtown Sarasota, and how might this impact the investment potential of Belpointe PREP LLC Class A Units OZ?

The demand for luxury rental properties like Aster & Links in downtown Sarasota is driven by factors such as urbanization, affluent demographics, and lifestyle preferences, which could enhance the investment potential of Belpointe PREP LLC Class A Units OZ by attracting high-income tenants and increasing rental yields.

How does the leasing progression at Aster & Links, now at approximately two-thirds occupancy, influence the projected financial performance of Belpointe PREP LLC Class A Units OZ in the coming months?

The leasing progression at Aster & Links, with two-thirds occupancy, is likely to enhance the projected financial performance of Belpointe PREP LLC Class A Units OZ by increasing rental income and stabilizing cash flow, thereby attracting more investors and improving returns.

Can you elaborate on the competitive landscape for mixed-use developments in Sarasota and how this could affect the long-term viability of Belpointe PREP LLC Class A Units OZ?

The competitive landscape for mixed-use developments in Sarasota, characterized by increasing demand and evolving consumer preferences, could strengthen Belpointe PREP LLC Class A Units OZ's long-term viability, provided they effectively differentiate and position their offerings in this dynamic market.

What are the anticipated future developments or expansions in the Sarasota area that could benefit the Aster & Links community and enhance the appeal of investing in Belpointe PREP LLC Class A Units OZ?

Anticipated developments in the Sarasota area, such as enhanced infrastructure, new commercial projects, and cultural attractions, coupled with the region's growing population and tourism, are expected to increase property values and rental demand, benefitting Aster & Links community investments.

**MWN-AI FAQ is based on asking OpenAI questions about Belpointe PREP LLC Class A Units (NYSE: OZ).

Belpointe PREP LLC Class A Units

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