Belpointe PREP LLC Reaches 25% Leasing Milestone at VIV Development in St. Petersburg
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Belpointe PREP, LLC, a publicly traded qualified opportunity fund, announced that its VIV luxury multifamily development in St. Petersburg has reached a 25% leasing milestone. The property, which began leasing in late 2025, is experiencing strong demand. VIV is a mixed-use development with residential units, amenities, and retail spaces. Belpointe OZ has over 2,000 units in its development pipeline across four cities, with a total project cost of approximately $1.0 billion.
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