Investment Objectives
During this transitional stage of the real estate cycle, BREF Fund I, LLC (the "Fund") will focus on investments in Black communities that display favorable rental markets, employment, and population growth.
The Fund is a social impact private equity real estate fund that will invest up to one hundred thousand dollars ($100,000) with Black commercial real estate developers (i.e.: joint-venture partners) per small-to-midsize residential and multi-family properties (new construction, gut renovations, and fix and flip).
The Fund being better capitalized than many local buyers will be able to pass on to its Black joint-venture partners, the benefits of providing sellers with greater certainty of closing, in a shorter period of time.
The Fund's investment objectives are to invest in assets that will enable it to:
- generate attractive risk-adjusted returns through a combination of cash distributions, NOI growth, and capital appreciation over an expected five-year hold period;
- preserve, protect and return invested capital;
- create value for investors and the community through socially responsible investment management practices that include affordable housing (Section 8 Vouchers and Low-Income Housing Tax Credits) and create jobs for local Black residents.
The Fund will REQUIRE 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.
This is not an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by prospectus or other offering materials. To obtain further information, you must complete our investor questionnaire and meet the suitability standards required by law. Fair Housing Notice: The Black Real Estate Forum, LLC, BREF Fund I, LLC, and BREF Debt Capital, LLC are committed to compliance with all federal, state, and local fair housing laws. The Black Real Estate Forum, LLC, BREF Fund I, LLC, and BREF Debt Capital, LLC will not discriminate against any person because of race, color, religion, national origin, sex, familial status, disability, or any other specific classes protected by applicable laws with regard to rentals and/or sales of housing.