investment documents

BREF Fund I, LLC (now Urban Real Estate Fund, LLC) launched on April 30, 2021, as a social impact private equity real estate fund and has raised $565,000 in equity capital from 36 Black investors (19 Males/16 Females).
In addition, the Urban Real Estate Fund, LLC has raised $205,000 in debt capital (10% annual interest rate) from BREF Debt Capital, LLC (DEBT CAPITAL WAS PAID OFF AS OF APRIL 30, 2025). On December 31, 2024, Thomas Lopez-Pierre CLOSED the Urban Real Estate Fund, LLC to new equity investors. On January 2, 2025, Thomas Lopez-Pierre launched the Urban Real Estate Fund II, LLC, as a social impact private equity real estate fund. On June 6, 2025, Thomas Lopez-Pierre launched, the Social Impact Real Estate Debt Fund, LLC. The Social Impact Real Estate Debt Fund, LLC plans to raise One Million Dollars ($1,000,000) in debt capital via a Securities and Exchange Commission (SEC) Reg. D exemption from accredited investors (from ALL racial groups) at an 10% annual interest rate to loan at a 15% annual rate of interest to the Urban Real Estate Fund, LLC and/or the Black Doctors Real Estate Fund, LLC (related social impact private equity real estate funds managed by Thomas Lopez-Pierre). The Urban Real Estate Fund, LLC and/or the Black Doctors Real Estate Fund, LLC will use the debt capital borrowed from the Social Impact Real Estate Debt Fund, LLC at a 15% annual rate of interest to invest with Black real estate entrepreneurs as equity capital (at a 50% annual rate of return) in Black communities across America. The Social Impact Real Estate Debt Fund, LLC’s investment objective is to generate attractive risk-adjusted returns, prioritize capital preservation and stable income for investors.

Investor Marketing Brochure

Thomas Lopez-PierreFund Manager Urban Real Estate Fund, LLC Urban Real Estate Fund II, LLC 646-527-1116 / info@urbanrealestatefund.com

10% For Debt Investors

Social Impact Real Estate Debt Fund, LLC

10% annual interest rate (simple interest) for those who invest $10,000 or more (3 year term/interest paid annually)

Private Placement Memorandum (Debt)

(Click on the above blue links to download documents)

20% For Equity Investors

Urban Real Estate Fund II, LLC

15% preferred rate of return or 50% of the profits (whichever is greater) for accredited investors who invest $10,000 or more.
20% preferred rate of return or 50% of the profits (whichever is greater) for accredited investors who invest $100,000 or more.

Private Placement Memorandum (Equity)Operating Agreement (Equity)Subscription Agreement (Equity)

(Click on the above blue links to download documents)

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 Urban Real Estate Fund, LLC, Urban Real Estate Fund II, LLC, Black Doctors Real Estate Fund, LLC, the Social impact Real Estate Debt Fund, LLC and the Black Real Estate Forum, LLC, are committed to compliance with all federal, state, and local fair housing laws. The Urban Real Estate Fund, LLC, Urban Real Estate Fund II, LLC, Black Doctors Real Estate Fund, LLC, the Social impact Real Estate Debt Fund, LLC and the Black Real Estate Forum, 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.