Breneman Capital is pleased to announce the successful sale of our Seminary investment in Chicago for $2,535,000. We acquired Seminary, located in Chicago's Lakeview neighborhood, in January of 2018 off-market with no competing offers for $1,997,500. A broker familiar with our successful track record sent this opportunity to us, and we delivered. The seller sought to dispose of the property and wanted an experienced buyer since the property needed improvements. Breneman Capital replaced the roofs, water heaters, carpeting, in-unit laundry, and toilets with low-flow models, then installed new ..read more

You’ve likely heard the old adage before – the three most important rules of real estate are: “location, location, location.” Location is something we obsess over daily. It might be the most crucial reason certain investments overperform or underperform, and it can be the deciding factor for why we, as real estate investment professionals, choose to proceed with or pass on a potential investment. That’s why Breneman Capital adopted a comprehensive location scoring methodology to guide our investment process.  We aggregated data from over 12,000 zip codes across 52 of the largest marke ..read more

On January 18th, 2024, Breneman Capital successfully sold Elston – an apartment property located at 3507-3511 N Elston Avenue in Chicago’s Avondale neighborhood. Breneman Capital has been very active in the Chicago market recently, with this disposition immediately following the purchases of Ashland Place and Adams Laflin Place in November and December 2023, respectively, as well as the sale of our Palmer property in December 2023. Elston is one of 23 multifamily properties we have purchased in Chicago since 2013; and this investment serves as another great testament to our success in the ma ..read more

Individuals have a multitude of investment options to choose from to boost and preserve their wealth, ranging from the stock market, to treasuries, to new speculative assets like cryptocurrencies. Real estate is one of the oldest and most reliable investments an individual can have and offers owners an easy-to-understand, relatively predictable stream of income in the form of rents. from an asset that is easy for them to wrap their heads around through their rents. Tax Benefits When it comes to taxes, real estate is very tax efficient. One way real estate investors benefit is the ability to de ..read more

A 1031 exchange, also known as a like-kind exchange, is a tax strategy that allows investors to defer capital gains tax on the sale of an investment property by reinvesting the proceeds into a similar property. In this blog, we will explore the basics of a 1031 exchange and how it can be used to save on taxes. Understanding Capital Gains and Depreciation Recapture Before we dive into the details of a 1031 exchange, it is important to understand the basics of capital gains tax and depreciation recapture. Capital gains tax is a tax on the profit you make when you sell an investment property for ..read more

As we approach the close of the year, Breneman Capital has been actively capitalizing on key real estate opportunities, most notably with the acquisitions of Ashland Place and the upcoming Adams Laflin Place. We are grateful to our investors and partners for their unwavering support as we continue to expand our portfolio and strengthen our market presence. The Midwest Appeal Our investment strategy remains robust and responsive to current market conditions. We've placed significant emphasis on the Midwest, particularly in Chicago, for uncovering new investment opportunities. The Midwest market ..read more

The Breneman Capital team is pleased to announce the successful acquisition of Ashland Place, a Class A 47-unit multifamily property located in the West Loop neighborhood of Chicago. As we celebrate the integration of Ashland Place into our portfolio, we eagerly await the upcoming acquisition of Adams Laflin Place this December, marking another milestone in our commitment to premium multifamily real estate in Chicago. This investment profile is one that we believe works in any economy and is predicated on high cash flow, long-term thinking, and pride of ownership. Our team was in an excellent ..read more

There are many factors to consider when determining how much of your portfolio should be allocated in real estate. Allocation Influencing Factors The ultimate decision for an individual on how much to invest in real estate will depend on factors such as: ·      the amount of capital available to invest; ·      what percentage of the person’s net worth this represents; ·      the investment objectives, i.e. to produce income or long term appreciation; ·      liquidity requirements; ·   ..read more

Noble appraised for $4M—21% above our basis in the property. Breneman Capital is pleased to announce the successful disposition of 1414 N Noble St in Chicago on 8/31/2023. 1414 N Noble generated deal-level returns over the 5.9-year hold of: 17% IRR 1.6x equity multiple Breneman Capital acquired 1414 N Noble l directly from the owner with no competing offers in 2017. We then set out with a light renovation program correcting building violations on the porch, replacing furnaces and air conditioners that were not replaced in the prior owner's renovation, installing nest thermostats, renov ..read more

We are delighted to unveil our latest investment venture: Adams Laflin Place. Situated in the heart of Chicago’s bustling West Loop, this 52-unit Class A multifamily property is not just an investment opportunity—it’s a statement of our continued commitment to offer outstanding value to our community of investors. This high-potential asset is now featured in our Investor Portal, where we're actively welcoming equity partnerships. Since the inception of our monthly investor updates, we've navigated through a challenging financial landscape marked by rising interest rates, stagnating growth, and ..read more