Belpointe launches first public Opportunity Zone REIT

Belpointe has launched the first public Opportunity Zone–focused REIT to be registered with the U.S. Securities and Exchange Commission.

The Belpointe REIT seeks to invest in real estate assets in Opportunity Zones, as legislated by the Tax Cuts and Jobs Act of 2017 and is open to nonaccredited and accredited investors, with a minimum investment amount of $10,000.

The Belpointe REIT aims to offers a unique and superior investment vehicle for all investors, individual and institutional, who are looking to benefit from the tax-advantaged high-return investment opportunities available in Opportunity Zones.

The Belpointe REIT is targeting an equity offering of $3 billion and expects to list on the NYSE or NASDAQ in six to eight years.

The Belpointe REIT offers one of the lowest fee structures in the real estate investment industry, with zero upfront commissions, an annual management fee of 0.75 percent, and a carried interest fee of 5 percent. The Belpoint