BREF Fund I, LLC
"Building Wealth, And Creating Jobs For Black People!"
Black Real Estate Forum, LLC
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"), a Black-owned social impact private equity real estate fund.
The Fund is committed to "Building Wealth and Creating Jobs for Black People."
The Fund is currently in the process of raising $One Million Dollars via a Securities and Exchange Commission (SEC) Reg. D exemption from accredited Black investors to invest in partnership with Black real estate developers (and Black Fix and Flip investors) in Black communities across America (including Puerto Rico and the U.S. Virgin Islands).
The $One Million Dollars will be used to establish a 2-year track record of delivering a minimum of a 15% rate of return (profits) to investors.
In 2025, with a 2-year track record of delivering a 15% rate of return (profits) to investors, the Fund plans to launch an (SEC) Reg. A+ $75 Million Dollar Offering (non-accredited investors).
$5,000 is the minimum amount to invest in the Fund as of 7-6-22 (accredited investors).
$5,000 is the minimum amount to invest in the Fund as of 7-6-22 (accredited investors).
$100,000 For Black Real Estate Developers!
In 2022, BREF Fund I, LLC (the "Fund") is currently looking to invest between $50,000 and $100,000 each with ten (10) to twenty (20) Black real estate developers (a total of $One Million Dollars) in "Fix and Flip" and short-term construction investment opportunities in the following states: Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, and Washington, D.C.
Black real estate developers 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
$50,000 Investment In 2022/Projected Profit: $25,000 in 3 Months! (Investment #3)
In May 2022, BREF Fund I, LLC (the "Fund") invested $50,000 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: $50,000 in 9 Months! (Investment #2)
In January 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 Investment In 2021/Projected Profit: $50,000 In 2 Years! (Investment #1)
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In 2021, BREF Fund I, LLC 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.
In April 2022, the Fund formed a joint-venture partnership with Askari Foy, MBA, CPA, an experienced Black real estate developer, and a Co-Founder of Venture Alliance Real Estate Enterprise to develop the property as a demolition-and-ground-up construction project.
The existing, one-floor structure will be torn down in order to build two new semi-attached buildings with two apartments per building.
This development is a total of four (4) single-family apartment dwellings, each with three (3) bedrooms and two (2) bathrooms per apartment (5,200 square feet of building area).
The existing, one-floor structure will be torn down in order to build two new semi-attached buildings with two apartments per building.
This development is a total of four (4) single-family apartment dwellings, each with three (3) bedrooms and two (2) bathrooms per apartment (5,200 square feet of building area).