Nick Smith
CEO | Fund Manger
Prior to co-founding Brenance, Nick served as Partner and Director of Business Development for Sound Capital from 2015-22. Sound Capital managed three private real estate debt funds providing rehab and construction financing for single and multi-family assets. During his time there, he worked diligently building the brand, launching three private placement debt funds, training sales teams, and a high volume of loan originations. Sales revenues increased by 193% in the first year and maintained a 42% average growth rate each preceding year. Since joining the company, the loan volume increased 822% by 2021, totaling $1.73B (2,466 loans). Nick has extensive experience in leadership, loan originations, capital sourcing, fund development, risk mitigation, and project budget analysis. His private lending track record demonstrates a clear understanding of credit risk, project analysis, capital sources & uses, and correspondent lending practices. Throughout the last eighteen years in real estate, finance, and investments, he’s learned the level of commitment, work ethic, and integrity it takes to build a successful real estate business.
Nick was born and raised in Michigan and has a professional background in mechanical engineering, corporate finance, investment advisory, and non-QM private lending. He obtained a Bachelor of Science (BS), finance degree from San Diego State University, and has previously held Series 7 General Securities, 63 and 66 Advisor State Law (FINRA) registrations. When Nick isn’t busy managing relationships with capital partners and investors, he enjoys spending free time relaxing with his finance Sindy, their daughter Kylie, and dog “Sunny”, surfing, snowboarding, and producing music.
858.692.5621