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.

UREF Financial Report 2025 (1-18-26)

SAVE-THE-DATE:

Sunday, February 1, 2026 (3pm/EST)

UREF Annual Investor's Meeting (Zoom)