BREF Fund I, LLC Black Real Estate Forum, LLC
"Building Wealth, And Creating Jobs For Black People!"
*Black Doctors Real Estate Fund
(*Launching 2023)
$Twenty-Five Million Dollars ($25,000,000) For Black Real Estate Developers/Black "Fix And Flip" Investors! Fill Out The Below Form To Receive A Copy Of Our Private Placement Memorandum/PPM (i.e.: Investment Documents)!
Thomas Lopez-Pierre is the Fund Manager of BREF Fund I, LLC (the "Fund") and the Black Doctors Real Estate Fund (launching in 2023), which are Black-owned social impact private equity real estate funds.
Both real estate funds are committed to "Building Wealth and Creating Jobs for Black People."
The Fund is raising $Twenty-Five Million Dollars ($25,000,000) via a Securities and Exchange Commission (SEC) Reg. D exemption from accredited Black investors to invest with Black joint-venture partners (i.e.: Black real estate developers/Black "Fix and Flip investors") in Black communities across America (including Puerto Rico and the U.S. Virgin Islands).
Black doctors and Black lawyers represent more than 50% of the investment capital raised by the Fund from Black professionals.
The Fund has a pipeline of actionable opportunities, driven by its network of experienced Black joint-venture partners to minimize risk, improve execution, and increase profits.
The Fund’s Black joint-venture partners have intimate knowledge of local real estate market conditions, direct relationships with government officials, and local banks, and access to best-in-class Black real estate industry professionals.
The Fund REQUIRES its Black joint-venture partners to use its investment capital to hire Black: lawyers, real estate brokers, mortgage bankers, architects, electricians, plumbers, construction contractors, etc.
The Fund is committed to using its investment capital to generate outstanding profits for Black people and create jobs for Black people. The current commercial real estate markets in Black communities represent a unique investment opportunity. History reminds us that some of the best commercial real estate investment opportunities were created amid adverse conditions akin to what we are experiencing today.
The Fund is on track to deliver a minimum of a 15% rate of return (profits) to investors in 2023. For a copy of our Private Placement Memorandum/PPM (i.e.: Investment Documents), contact Thomas Lopez-Pierre directly at 646-527-1116 and/or info@blmref.com. Minimum Investment: $5,000.
The Fund is committed to using its investment capital to generate outstanding profits for Black people and create jobs for Black people. The current commercial real estate markets in Black communities represent a unique investment opportunity. History reminds us that some of the best commercial real estate investment opportunities were created amid adverse conditions akin to what we are experiencing today.
The Fund is on track to deliver a minimum of a 15% rate of return (profits) to investors in 2023. For a copy of our Private Placement Memorandum/PPM (i.e.: Investment Documents), contact Thomas Lopez-Pierre directly at 646-527-1116 and/or info@blmref.com. Minimum Investment: $5,000.
$100,000 For Black Real Estate Developers (Black "Fix And Flip" Investors)!
BREF Fund I, LLC (the "Fund") is currently looking to invest between $50,000 and $100,000 each with Black real estate developers/Black "Fix and Flip" investors in short-term construction investment opportunities (a year or less).
Black real estate developers/Black "Fix and Flip" investors interested in working with the Fund should send an email with company information and development experience to Thomas Lopez-Pierre at info@blmref.com.
163 Grafton Street Brooklyn, NY
$100,000 Investment In 2022/Projected Profit: $50,000 in 12 Months! (Investment #3)
In 2022, BREF Fund I, LLC (the "Fund") invested $100,000 into 163 Grafton Street, Brooklyn, NY 11212.
The three (3) family property is being developed by Steven Ellis as a gut renovation.
The developer plans to rent rooms at market rate to formerly homeless single women via a government affordable housing voucher program.
39 High Avenue, Pembroke, MA
$100,000 Investment In 2022/Projected Profit: $40,000 in 18 Months! (Investment #2)
In 2022, BREF Fund I, LLC (the "Fund") invested $100,000 into Venture Alliance - 39 High Avenue, LLC.
Venture Alliance - 39 High Avenue, LLC (the "Company") is an investment vehicle managed by Askari Foy, MBA, CPA, an experienced Black real estate developer, and a Co-Founder of Venture Alliance Real Estate Enterprise.
The Company was established for the sole purpose of acquiring and developing a single-family, three (3) bedrooms, one (1) bathroom, 1,040 square foot home built in 1920 located at 39 High Avenue, Pembroke, Massachusetts built on 10,000 square feet of land as a demolition-and-ground-up construction project.
Venture Alliance - 39 High Avenue, LLC (the "Company") is an investment vehicle managed by Askari Foy, MBA, CPA, an experienced Black real estate developer, and a Co-Founder of Venture Alliance Real Estate Enterprise.
The Company was established for the sole purpose of acquiring and developing a single-family, three (3) bedrooms, one (1) bathroom, 1,040 square foot home built in 1920 located at 39 High Avenue, Pembroke, Massachusetts built on 10,000 square feet of land as a demolition-and-ground-up construction project.
3129 Fenton Avenue, Bronx, NY
$10,000 Invested in 2021/$100,000 To Be Invested In 2023/Projected Profit: $200,000 In 2 Years! (Investment #1)
In 2021, BREF Fund I, LLC (the "Fund") with a $10,000 capital investment and the assumption of $315,000 in mortgage debt, acquired the controlling interest in 3129 Fenton Avenue, Bronx, New York 10469 (the "Property").
In 2023, the Fund will increase its ownership of the property from 60% to 75% with a $100,000 investment.
The plan is to form a joint-venture partnership with a Black real estate developer to tear down the existing, one-floor structure to build two new semi-attached buildings with two apartments per building (three bedrooms and two bathrooms per apartment). In 2023, the Fund will raise $315,000 in debt capital from Black investors at a 6% interest rate (secured with a 1st position mortgage lien on the property to protect investors from capital loss) to pay off the bank mortgage. (development plan as of October 26, 2022)
The plan is to form a joint-venture partnership with a Black real estate developer to tear down the existing, one-floor structure to build two new semi-attached buildings with two apartments per building (three bedrooms and two bathrooms per apartment). In 2023, the Fund will raise $315,000 in debt capital from Black investors at a 6% interest rate (secured with a 1st position mortgage lien on the property to protect investors from capital loss) to pay off the bank mortgage. (development plan as of October 26, 2022)