Belpointe Prep, Llc · AMEX:OZ
Belpointe Prep — IPO Roadshow (March 2022)
36 slides from Belpointe Prep's IPO roadshow presentation, Mar 21, 2022
Slide 1: March 2022
March 2022
Slide 2: Do Good While Doing Good
OL “Do Good While Doing Good”
Slide 3: OZ Overview
OZ Overview Belpointe PREP, LLC (“OZ”) is the first and only publicly traded Qualified Opportunity Zone Fund to be listed on a National Securities Exchange. OZ offers: £533 High quality and actively managed real estate investment assets in the United States, $03 through the expertise of the Belpoint
Slide 4: OZ Executive Summary
OZ Executive Summary Who is OZ? Belpointe PREP, LLC (NYSE: OZ) is the first and only publicly traded “Opportunity Zone” fund, which is now disrupting the real estate investment industry with its unique combination of development expertise and its unparalleled investment platform. OZ is conducting an
Slide 5: OZ Structural Advantages
OZ Structural Advantages PREP Advantages Actively managed real estate by experienced real estate professionals. Greater diversification by geographic locations and asset types. Pass-through depreciation to investors. Ability to make quarterly distributions.” Annual distributions of at least 90% of o
Slide 6: Real Estate Group
OL Real Estate Group
Slide 7: Real Estate Group — Overview
ate Group — Overview OZ is managed by Belpointe’s Real Estate Team, which is headquartered in Greenwich, Connecticut. Belpointe is a fully integrated real estate development, construction and management firm specializing in multifamily investment strategies, specifically in ground-up construction. y
Slide 8: OZ Real Estate Group — Track Record Investment
OZ Real Estate Group — Track Record Investment Belpointe’s historical track record includes the development of “Baypointe”, which is a Class A direct waterfront apartment community in downtown Stamford, Connecticut, which is located in an Opportunity Zone. Description of the Baypointe Development: B
Slide 9: OZ Real Estate Group — Investment Strategy
OZ Real Estate Group — Investment Strategy OZ's investment strategy is centered on ground-up multifamily developments and the acquisition of other Qualified Opportunity Funds with stabilized multifamily assets throughout the United States, using the following fundamental investment considerations. G
Slide 10: OZ Real Estate Group — Risk Mitigation
OZ Real Estate Group — Risk Mitigation OZ’s unique combination of risk mitigating strategies will provide its unitholders with the opportunity for long-term distributions and capital appreciation while lowering risk. Development & Construction Oversight: We believe Belpointe’s unique real estate tea
Slide 11: OZ Real Estate Group — Investing without Construction Risk
OZ Real Estate Group — Investing without Construction Risk OZ being uniquely structured as a publicly traded partnership Qualified Opportunity Fund allows OZ to acquire other Qualified Opportunity Funds after their investments have been completed and stabilized. Stabilized Asset Acquisitions: Being
Slide 12: Opportunity Zone Investing
OL Opportunity Zone Investing
Slide 13: OZ Opportunity Zone Investing — Overview
OZ Opportunity Zone Investing — Overview What are Opportunity Zones? Opportunity Zones were created through the Tax Cuts and Jobs Act of 2017. Opportunity Zones are low- income census tracts nominated by U.S. State Governors and certified by the U.S. Department of the Treasury, to encourage investor
Slide 14: Opportunity Zone Map
OZ Opportunity Zone Investing — Opportunity Zone Map Qoetee “a Ottows Montreal
Slide 15: Opportunity Zone Investing — Tax Advantages
OZ Opportunity Zone Investing — Tax Advantages Under Section 1400Z of the Tax Cuts and Jobs Act of 2017, investors who elect to reinvest their capital gains into Opportunity Zones will receive multiple capital gains tax benefits. Tax Benefits: Oz Deferral of Capital Gains Taxes: Capital gains (short
Slide 16: State Income Tax Advantages
OZ Opportunity Zone Investing - State Income Tax Advantages State conformity with Federal guidelines on Opportunity Zones at the Individual level: The following States, shown in blue, have chosen to follow Federal guidelines on deferral of tax through investments in Opportunity Zones. A State’s conf
Slide 17: Structural Advantages
OL Structural Advantages
Slide 18: OZ Public Company Registration Advantages
OZ Public Company Registration Advantages OZ was formed as a public real estate partnership (“PREP”), which is registered with the United States Securities and Exchange Commission (“SEC”). Public Company Registration Advantages: ™ Registering as a public company provides unitholders with SEC reporti
Slide 19: OZ Drastically Reduced Fee Structures
OZ Drastically Reduced Fee Structures In order to disrupt the real estate industry, OZ is offering a drastically reduced management and incentive fee structure, as compared to traditional real estate funds. Further, OZ does not charge many of the other ad-hoc fees that are prevalent in the industry.
Slide 20: OZ Ultimate Liquidity & Control
OZ Ultimate Liquidity & Control OZ’s units were designed to provide its unitholders with the ultimate control and liquidity. NYSE Liquidity: OZ has provided its unitholders with liquidity by being listed on the NYSE, which is not available to investors in private real estate investment vehicles. Ult
Slide 21: OZ Additional Tax Advantages
OZ Additional Tax Advantages The OZ structure provides for an additional tax advantage for its unitholders: 20% Tax Deduction on taxable operating income. 20% Tax Deduction on all Taxable Income: Under Section 199A of the TCJA, pass-through investors can earn up to a 20% tax deduction on their quali
Slide 22: OZ Versus a 1031 Exchange
OZ Versus a 1031 Exchange An investment into OZ offers several advantages over a 1031 Like-Kind Exchange: Oz A 1031 Exchange only applies to capital gains taxes from the sale of real property. However, a reinvestment of capital gains into OZ can be from the sale of any asset type (not just real esta
Slide 23: OZ versus the Competition
OZ versus the Competition Traditional Private Equity Funds Experienced Management Team Opportunity Zone Private REITs Opportunity Zone Private Equity Funds No Deprecation Recapture Tax Opportunity Zone Capital Gains Benefits Experienced Management Team No Deprecation Recapture Tax 20% Pass-Through T
Slide 24: OZ: Executive Team & Board Members
OL OZ: Executive Team & Board Members
Slide 25: OZ Executive Management and Board of Directors
OZ Executive Management and Board of Directors Brandon Lacoff, Esq. Brandon is the Founder, Chairman of the Board of Directors and Chief Executive Officer of Belpointe PREP, LLC (NYSE: OZ). Brandon was also the founder, Chairman of the Board of Directors and Chief Executive Officer of Belpointe REIT
Slide 26: OZ Executive Management and Board of Directors
OZ Executive Management and Board of Directors Martin Lacoff Marty is an entrepreneur with over 45 years’ experience in successfully starting, developing and operating businesses within the securities, real estate, and natural resources industries. His considerable professional experience include fo
Slide 27: OZ Executive Management
OZ Executive Management Lori Wortz Lori is the Chief Operating Officer of Belpointe's Real Estate Operations including acquisitions, development, construction, property operations and asset management. Lori brings over 25 years’ experience in developing large scale, mixed use properties. Her experie
Slide 28: OZ Executive Management
OZ Executive Management Jay Daniel Jay is Belpointe’s Vice President of Development with the benefit of thirty years of experience in real estate development, business management, and construction engineering, Jay brings comprehensive experience on a diverse product mix of real estate developments.
Slide 29: OZ Executive Management
OZ Executive Management Ela Cole Ela is Vice President of Property Operations for Belpointe. Ela has almost 30 years’ experience in multi-family operations on mid- rise and hi-rise property operations, lease-ups, dispositions, commercial mixed-use communities, affordable compliance plans and pricing
Slide 30: OZ Independent Board Members
OZ Independent Board Members Dean Drulias, Esq. Mr. Drulias has been practicing private law in Westlake Village, California. Mr. Drulias formerly served as Director, Corporate Secretary and General Counsel of Fortune Natural Resources Corporation, a public oil and gas exploration and production serv
Slide 31: OZ Independent Board Members
OZ Independent Board Members Shawn Orser Mr. Orser has been the President of Seaside Financial & Insurance Services, a San Diego, California based investment advisory firm. Mr. Orser began his career in finance supporting an Index Arbitrage desk at RBC Dominion Securities, then moved to Merrill Lync
Slide 32: OZ Executive Advisory Board Members
OZ Executive Advisory Board Members Sarah Broderick Ms. Broderick is the Founder of FEAT Capital & Advisory, advising primarily female-led or growth stage companies on topics including financial and operational execution, executive leadership, organizational design and corporate cultural transformat
Slide 33: OZ Executive Advisory Board Members
OZ Executive Advisory Board Members Daniel Kowalski Mr. Kowalski is the owner of Wizard of OZ, a bespoke consultancy focused on helping companies utilize Opportunity Zones to grow their businesses while helping the surrounding community to grow and thrive. Previously, Mr. Kowalski was Counselor to t
Slide 34: OZ Executive Advisory Board Members
OZ Executive Advisory Board Members Fred Stoleru Mr. Stoleru is a Principal with Blackburn Point Realty, the real estate affiliate of Hepco Capital Management, LLC, a private investment firm that seeks to make controlled investments in diverse business sectors, particularly real estate, middle marke
Slide 35: OZ Important Information and Qualifications
OZ Important Information and Qualifications Belpointe PREP, LLC (“Belpointe OZ”) has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offer and sale of up to $750,000,000 of Class A units representing limited liability interests
Slide 36: Investor Relations contact:
Investor Relations contact: Cody Laidlaw claidlaw@belpointe.com Headquarters: 255 Glenville Road Greenwich, CT 06831 (203) 883-1944 36