For a copy of our Private Placement Memorandum/PPM (i.e. Investment Documents), contact: Thomas Lopez-Pierre 646-527-1116 info@urbanrealestatefund.com
50% of Distributable Profits will be Allocated to Equity InvestorsUrban Real Estate Fund III, LLC
Fund Overview
On September 26, 2025, the Urban Real Estate Fund, LLC was established to invests in distress properties in Black communities throughout New York City.
The Fund is seeking to raise $25,000,000 (Twenty-Five Million Dollars) from accredited investors pursuant to the Securities Act of 1933, as amended (the “Securities Act”).
This offering is being conducted in reliance on the exemption from registration provided by Rule 506(c) of Regulation D under the Securities Act (U.S. Securities and Exchange Commission), and the rules and regulations promulgated thereunder. Our mission is to "Build Wealth and Create Jobs" for Black people, through strategic real estate investments.
We believe that real estate ownership is one of the most effective ways to build generational wealth, strengthen communities, and create lasting economic opportunities. Our investment strategy focuses on acquiring, developing, rehabilitating, and preserving commercial and residential properties that serve both the needs of tenants and the financial interests of our investors.
We recognize that Black communities have historically faced barriers to real estate ownership, access to investment capital, and participation in the financial benefits of neighborhood development. Our work seeks to address these challenges by directing investment capital toward real estate opportunities in Black communities throughout New York City.
Our mission is simple: "Build Wealth and Create Jobs" for Black people.
Investment Documents
For a copy of the Fund's Private Placement Memorandum (PPM) and other investment documents, please contact:
Thomas Lopez-Pierre646-527-1116info@urbanrealestatefund.com
On September 26, 2025, the Urban Real Estate Fund, LLC was established to invests in distress properties in Black communities throughout New York City.
The Fund is seeking to raise $25,000,000 (Twenty-Five Million Dollars) from accredited investors pursuant to the Securities Act of 1933, as amended (the “Securities Act”).
This offering is being conducted in reliance on the exemption from registration provided by Rule 506(c) of Regulation D under the Securities Act (U.S. Securities and Exchange Commission), and the rules and regulations promulgated thereunder. Our mission is to "Build Wealth and Create Jobs" for Black people, through strategic real estate investments.
We believe that real estate ownership is one of the most effective ways to build generational wealth, strengthen communities, and create lasting economic opportunities. Our investment strategy focuses on acquiring, developing, rehabilitating, and preserving commercial and residential properties that serve both the needs of tenants and the financial interests of our investors.
We recognize that Black communities have historically faced barriers to real estate ownership, access to investment capital, and participation in the financial benefits of neighborhood development. Our work seeks to address these challenges by directing investment capital toward real estate opportunities in Black communities throughout New York City.
Our mission is simple: "Build Wealth and Create Jobs" for Black people.
Investment Documents
For a copy of the Fund's Private Placement Memorandum (PPM) and other investment documents, please contact:
Thomas Lopez-Pierre646-527-1116info@urbanrealestatefund.com
3129 Fenton Avenue, Bronx, NYIn 2027, the Urban Real Estate Fund III, LLC and Affordable Housing Campaign Fund, LLC plans to invest $100,000 in debt and equityInvestment #1 - OPEN
On April 30, 2025, 3129 Fenton Avenue, LLC acquired the property for $1,199,461 through a non-cash transaction involving the assumption of secured and unsecured debt from the Urban Real Estate Fund, LLC.
The acquisition was completed through a joint-venture partnership with Affordable Housing Campaign Fund, LLC, managed by Thomas Lopez-Pierre.
3129 Fenton Avenue, Bronx, New York 10469 was valued at the time of acquisition at $705,167 on Redfin.com (as of April 30, 2025).
The property is currently a one-story, one-family residence (four bedrooms) with approximately 50x100 square feet of land.
In January 2025, a tenant using a government voucher program moved into the property at a rent of $3,910 per month.
On April 30, 2025, 3129 Fenton Avenue, LLC acquired the property for $1,199,461 through a non-cash transaction involving the assumption of secured and unsecured debt.
One year later, on April 30, 2026, 3129 Fenton Avenue, LLC successfully refinanced an exploitative mortgage put in place by the previous owner—reducing the interest rate from 12.25% to 6.5% through a new $338,000, 10-year interest-only loan with East West Bank. The plan is to covert the property from a one to a two family property. By completing the legal conversion to add a second apartment (basement unit with private entrance), the property is expected to increase the rent roll by $2,600 per month—from $3,910 to $6,510, while expanding access to affordable housing for families in need.
3129 Fenton Avenue, Bronx, New York 10469 was valued at the time of acquisition at $705,167 on Redfin.com (as of April 30, 2025).
The property is currently a one-story, one-family residence (four bedrooms) with approximately 50x100 square feet of land.
In January 2025, a tenant using a government voucher program moved into the property at a rent of $3,910 per month.
On April 30, 2025, 3129 Fenton Avenue, LLC acquired the property for $1,199,461 through a non-cash transaction involving the assumption of secured and unsecured debt.
One year later, on April 30, 2026, 3129 Fenton Avenue, LLC successfully refinanced an exploitative mortgage put in place by the previous owner—reducing the interest rate from 12.25% to 6.5% through a new $338,000, 10-year interest-only loan with East West Bank. The plan is to covert the property from a one to a two family property. By completing the legal conversion to add a second apartment (basement unit with private entrance), the property is expected to increase the rent roll by $2,600 per month—from $3,910 to $6,510, while expanding access to affordable housing for families in need.