Belpointe PREP (OZ) Construction in Progress (2020 - 2026)

Belpointe PREP (OZ) reported Construction in Progress of $57.9 million for Q1 2026, down 72.63% on a YoY basis from $211.6 million in Q1 2025, and little changed sequentially from $57.8 million in Q4 2025.

Belpointe PREP (OZ) Construction in Progress (2020 - 2026) Analysis & Trends

Belpointe PREP (OZ) has 7 years of Construction in Progress data on file, last reported at $57.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress fell 72.63% year-over-year to $57.9 million; the trailing twelve-month figure through Mar 2026 stood at $57.9 million (down 72.63% YoY), and the FY2025 full-year result was $57.8 million, down 69.77% from the prior year.
  • Construction in Progress was little changed at $57.9 million in Q1 2026, from $57.8 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $337.7 million in Q1 2024 to a low of $57.8 million in Q4 2025.
  • A 5-year average of $171.0 million and a median of $172.3 million in 2024 frame the typical range for Construction in Progress.
  • Across the five-year window, Construction in Progress surged 167.11% in 2022 and slumped 72.63% in 2026, its largest moves.
  • Tracing OZ's Construction in Progress over 5 years: stood at $133.9 million in 2022, then soared by 117.43% to $291.1 million in 2023, then plunged by 34.29% to $191.3 million in 2024, then slumped by 69.77% to $57.8 million in 2025, then grew by 0.13% to $57.9 million in 2026.
  • Business Quant data shows OZ's Construction in Progress at $57.9 million in Q1 2026, $57.8 million in Q4 2025, and $57.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.53 Bn 29.53 Bn - -
2 Howard Hughes Holdings 3.92 Bn 3.92 Bn 182.88 Mn 1.57 Bn
3 Century Communities 2.08 Bn 1.98 Bn 190.18 Mn -
4 Forestar 1.51 Bn 1.11 Bn 84.10 Mn -
5 Five Point Holdings 416.63 Mn 67.25 Mn -23.72 Mn -
6 Belpointe PREP 178.93 Mn 178.93 Mn - 57.92 Mn
7 Smith Douglas Homes 139.23 Mn 111.25 Mn 40.45 Mn -
8 Amrep 122.61 Mn 69.92 Mn 4.41 Mn -
9 Logistic Properties of the Americas 96.75 Mn 96.75 Mn - 706,954.00
10 Kaanapali Land 55.35 Mn 18.66 Mn 10.32 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 57.92 Mn
Dec 31, 2025 57.84 Mn
Sep 30, 2025 57.90 Mn
Jun 30, 2025 229.55 Mn
Mar 31, 2025 211.62 Mn
Dec 31, 2024 191.31 Mn
Sep 30, 2024 172.33 Mn
Jun 30, 2024 262.66 Mn
Mar 31, 2024 337.74 Mn
Dec 31, 2023 291.13 Mn
Sep 30, 2023 250.43 Mn
Jun 30, 2023 200.69 Mn
Mar 31, 2023 157.19 Mn
Dec 31, 2022 133.90 Mn
Sep 30, 2022 111.40 Mn
Jun 30, 2022 98.71 Mn
Mar 31, 2022 85.45 Mn
Dec 31, 2021 76.88 Mn
Sep 30, 2021 41.71 Mn
Dec 31, 2020 15.10 Mn