About Us

We provide capital solutions, resources and training to historically underserved people and communities undertaking transformative real estate projects.

We're Leveling the Playing Field

A study by the Initiative for a Competitive Inner City (“ICIC”) concluded that Black and Hispanic developers represent less than 1% of private development firms and 5% of owners overall. While many factors contribute to this dynamic, access to capital (or lack thereof) remains the most pressing and sustained barrier to entry, a fact supported by the fact minority and women-owned firms currently represent only 2% of institutional funds raised in the commercial real estate sector.
This troubling phenomenon not only stymies economic development in the communities these firms invest in, but greatly constrains their ability to generate jobs and wealth, both internally at large. ICIC concluded removing such constraints could unlock 1.7 million jobs and $100 billion in annual business revenues.

UNDERCAPITALIZED HOUSING PRESERVATION & PRODUCTION

STYMIED WEALTH CREATION & UPWARD MOBILITY

RACIAL & GENDER INEQUITIES

STYMIED URBAN DEVELOPMENT & REVITALIZATION

UNHEALTHY COMMUNITIES

What We Do

Our organization addresses the wealth and resource gap by focusing on three primary areas including i) providing funding in the form of earnest money deposit loans to help operators close more/larger transactions, ii) offering capacity-building technical assistance to attract outside third-party equity investment capital, and iii) providing outsourced one-on-one deal support including financial analysis, due diligence for small, under-resourced enterprises.

What Makes Us Different

DCRE Conference, Columbia University

Prior to creating Diversified Community Impact, the founders, Eric Andrew and Vernon Beckford, spent nearly 20 years financing, investing in, acquiring, and operating real estate investment properties, both on Wall Street and as real estate entrepreneurs. During that period, they not only witnessed and experienced first hand the challenges BIPOC operators routinely face in accessing capital, but the detrimental impact this has played in limiting prosperity for both entrepreneurs and communities of color. As such, they have been uniquely positioned to design and implement financial solutions and programming that speaks directly to the needs of their core constituents, while also applying sound, sustainable real estate investment principles.

  • Senior leadership with extensive Wall Street and Main Street transactional experience.
  • Founded by community developers and mission-aligned capital investors.
  • Management has lived the experience of the constituents they serve.

Our Core Values

  • Integrity: We conduct business transparently and honestly. `
  • Servant Leadership: We serve our employees AND our clients.
  • Efficiency: We utilize technology to streamline the loan process and facilitate an exceptional and consistent client experience.
  • Diversity: We value and prioritize diversity, not only within our ranks, but in the sponsors we cultivate lasting relationships with.