Left: Jorge Barreiro, Owner and Managing Director of Barreiro & Associates
Right: FCI/Barreiro Loan Closing. Pictured Left to Right:
Monica Foster (Barreiro & Assoc.)
Fausto E. Rivera (FCI)
Jorge Barreiro (Barreiro & Assoc.)
Partner Highlight: Barreiro & Associates, LLC Closes Exciting New Loan With Forward Community Investments
Jorge Barreiro Partners With FCI in Inaugural Hispanic Collaborative Emerging Developer Loan Fund Deal
October 20th, 2023
Forward Community Investments (FCI) is proud to partner with Barreiro & Associates, LLC to provide funding for the purchase and rehabilitation of a single-family home located at 4334 N. 89th St. in Milwaukee as part of FCI's Hispanic Collaborative Emerging Developer Fund (HCEDF). This home will be renovated and made available to purchase for a first-time home buyer in the Milwaukee area.
The HCEDF aims to support Hispanic-led real estate development companies, organizations, developers, and investors in the greater Milwaukee area. It was created in partnership with the Hispanic Collaborative, a nonprofit organization that supports Hispanic entrepreneurs and businesses throughout Wisconsin.
A Certified Developer
Jorge A. Barreiro, SRA, AI-RRS, is the owner and Managing Director of Barreiro & Associates, a diversified firm specializing in valuation, consulting, and advisory services, Jorge has been at the forefront of real estate appraisal since 2007.
As an accomplished Wisconsin Certified Residential appraiser with an impressive career spanning over a decade, Jorge's expertise extends to a wide range of real estate appraisal support, consulting, acquisition, financing, litigation, asset review, and more. Jorge's clientele includes legal firms, lending institutions, financial companies, mortgage banking firms, secondary lending agencies, and county and state governmental bodies.
Establishing a Team for Success
Jorge emphasizes that the work would not be possible without his exceptional team which includes Dominic Calvano and Monica Foster.
"[I] have established a team of essential individuals to execute phase one of my developer endeavors that aid in each project." - Jorge Barriero
Dominic, the owner of Kwik Improvements, LLC, has over a decade of remodeling expertise. As Barreiro & Associates’ primary contractor, his unwavering work ethic, keen attention to detail, and commitment to delivering top-notch results at a remarkably affordable cost make him an invaluable asset to development projects.
Monica has been a licensed realtor in Wisconsin since 2005. Her affiliation with esteemed organizations like the Wisconsin Realtors Association, Greater Metropolitan Association of Realtors, and National Association of Realtors underscores her commitment to excellence in the real estate industry. Her expertise extends beyond real estate—she also holds a degree in interior design with a specialization in space planning and color coordination from Milwaukee Area Technical College since 1985. Monica's enduring relationships with contractors and her versatile experience make her a trusted partner for a wide range of client needs.
Jorge and his team focus on investing in one- to four-family properties in areas of Wisconsin with a strong minority presence to assist with improved living conditions. Jorge oversees every project throughout the entire rehabilitation process, ensuring not only a profitable return on investment but also financial benefits for new owners during the purchase, “I negotiate costs on labor and materials to ensure competitive fees are paid, which allows me to pass along savings to the future occupant of the property." he notes.
A Fruitful Partnership
Barreiro & Associates' expertise in real estate and community development combined with FCI’s dedication to equitable financing, exemplifies how strategic investments can catalyze community-driven efforts that make lasting impact in communities traditionally left underserved by mainstream lending.
FCI is honored to be part of supporting this vital work. We thank Barreiro & Associates for their dedicated efforts in improving the well-being of families in Wisconsin.
Does the HCEDF Feel Like a Good Fit For Your Project?
If you’re a Latino/a individual or organization confronting challenges in accessing traditional capital for their development projects, the HCEDF may be right for you. Eligible applicants include:
Individuals who are either graduates of the Associates in Commercial Real Estate (ACRE) program or the Wisconsin Housing and Economic Development Authority (WHEDA) Development Training program, or
Those who have undergone educational training and accrued experience in allied industries to augment their expertise in real estate development.
Learn more and apply today: https://bit.ly/45Fscyn