Brenance, LLC Company Profile

Background

Brenance, LLC is a private lending firm specializing in providing swift and reliable capital solutions for the acquisition, rehabilitation, and construction of non-owner-occupied investment real estate. Established on September 2, 2020, in California, the company has expanded its operations to Florida, incorporating there on November 21, 2023. Brenance's mission is to bridge the gap between investors seeking alternative investment opportunities and borrowers in need of private capital, thereby facilitating efficient real estate transactions.

Key Strategic Focus

Brenance concentrates on offering a diverse range of loan products tailored to real estate investors, including:

• Construction Loans: Financing for ground-up construction projects, encompassing single-family, condominium, townhome, and multi-family developments.

• Fix & Flip Loans: Short-term loans designed for the acquisition and rehabilitation of distressed residential properties.

• Bridge Loans: Interim financing solutions for stabilized assets facing note maturity or lease-up requirements.

• Rental Loans: Long-term financing options for single rental properties or portfolios, with flexible terms to meet investor goals.

The company leverages its extensive real estate industry experience to provide not just funding but also consultative support, ensuring clients receive comprehensive solutions.

Financials and Funding

Brenance offers investment opportunities through its Secured Income Fund I, a Regulation D 506(c) private placement evergreen fund. This fund focuses on generating stable interest returns by lending to qualified real estate investors for purposes such as acquisition, improvement, construction, or bridge financing of non-owner-occupied properties. Key aspects of the fund include:

• Minimum Investment: $100,000

• Holding Period: 18 months minimum

• Target Return: 8-11% Annual Rate of Return (ARR)

• Distributions: Quarterly, with an option for reinvestment

The fund's strategy involves short-term loans (12-24 months) secured directly by real estate assets, aiming to provide investors with consistent returns while mitigating risk through asset-backed lending.

Pipeline Development

Brenance has successfully funded a variety of projects, demonstrating its capability in the real estate lending sector. Notable examples include:

• Palm Springs, CA: A $35,000,000 production loan for the ground-up construction of 50 Desert Modern residences, each featuring private courtyards and pools, with prices starting from the low $1,000,000s.

• Danville, CA: A $3,780,000 loan for the demolition of an existing structure and construction of a new 6,392 sq. ft. home, projected to sell for $6.5 million.

• Encinitas, CA: A $1,037,000 fix-and-flip loan for a coastal property, involving an $82,000 cosmetic renovation completed in 60 days, with an expected sale price of $1.45 million.

These projects highlight Brenance's ability to support diverse real estate ventures, from large-scale developments to individual property rehabilitations.

Technological Platform and Innovation

Brenance integrates advanced technology to enhance user experience and operational efficiency. The company employs various tools to provide reliable data, streamline processes, and maintain transparency with investors. While technology plays a significant role, Brenance emphasizes the importance of human expertise, ensuring that technological advancements complement, rather than replace, personalized service.

Leadership Team

Brenance's leadership comprises seasoned professionals with extensive experience in real estate and finance:

• Nick J. Smith: CEO and Fund Manager, overseeing strategic direction and fund management.

• Alec Wang: President, responsible for investor relations.

• Charlie Gould: Sales Director, leading sales initiatives.

• Alojz Paver: Business Development, focusing on expanding business opportunities.

• Sindy Smith: Director of Operations, managing operational processes.

• Tobey Zhang: Legal, handling legal affairs.

This team brings a wealth of knowledge and a commitment to integrity, diligence, and service, aligning with the company's core values.

Leadership Changes

As of the latest available information, there have been no recent significant changes or appointments within Brenance's leadership team.

Competitor Profile

Market Insights and Dynamics

The private lending market for real estate investments is characterized by a growing demand for alternative financing solutions. Investors seek higher returns through real estate ventures, while borrowers require quick and flexible funding options not typically available through traditional financial institutions. This dynamic creates a fertile ground for private lenders like Brenance to thrive.

Competitor Analysis

Key competitors in the private real estate lending space include:

• Lima One Capital: Specializes in fix-and-flip, rental, and new construction loans, offering nationwide services.

• RCN Capital: Provides short-term and long-term loans for real estate investors, with a focus on fast closings and flexible terms.

• Kiavi (formerly LendingHome): Offers bridge and rental loans, leveraging technology to streamline the lending process.

These competitors emphasize quick funding, flexible terms, and a range of loan products, similar to Brenance's offerings.

Strategic Collaborations and Partnerships

Brenance's extensive industry network enhances its ability to provide comprehensive solutions. The company collaborates with affiliate partners to offer additional consultation and support during the due diligence process, ensuring thorough evaluation and risk mitigation for each project.

Operational Insights

Brenance differentiates itself through a combination of experienced leadership, a diverse range of loan products, and a commitment to service, diligence, and integrity. The company's focus on technology-powered solutions enhances operational efficiency and client satisfaction. By maintaining a strong network and emphasizing personalized service, Brenance positions itself competitively in the private lending market.

Strategic Opportunities and Future Directions

Looking ahead, Brenance aims to expand its market presence by:

• Diversifying Loan Products: Introducing new financing solutions to meet evolving investor and borrower needs.

• Geographic Expansion: Extending services to additional markets to capitalize on emerging real estate opportunities.

• Technological Enhancements: Further integrating technology to streamline processes and improve client experiences.

By leveraging its current strengths and exploring these strategic opportunities, Brenance is well-positioned to achieve sustained growth and success in the private lending industry.

Contact Information

For more information about Brenance, LLC, please visit their official website.

Note: Specific contact details such as address, phone number, and email have been omitted in accordance with the provided instructions.