Belpointe OZ announced that VIV, its 269-unit luxury mixed-use apartment community in downtown St. Petersburg, Florida, has leased over 80% of its residential units within the first year since leasing began in October 2025. This milestone indicates strong demand and positions the property to achieve stabilization between late 2026 and early 2027. VIV offers upscale amenities and is located in the vibrant EDGE District, enhancing its appeal. The leasing success at VIV, alongside progress at other developments, sets a solid foundation for Belpointe OZ's future growth and value for unitholders.
Belpointe OZ's VIV leasing milestone provides context for real estate market activity. For readers following real estate, here is Pluang's market snapshot as of Oct 16, 2026 17:41 WIB: Among 47 priced US real estate stocks, 28 rose and 18 fell today. Notable movers include Prologis Inc (PLD) at USD 128.89 with a 1-day change of +1.54% and 100% buy order activity, KE Holdings Inc (BEKE) at USD 18.06 up 1.29%, and Apartment Investment and Management Co (AIV) at USD 1.70 up 1.19% with 100% buy order activity.
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