BAM Capital is the private equity arm of The BAM Companies, an institutional real estate owner/operator. BAM Capital offers its family of investors access to premier real estate investment opportunities, transparent stewardship of capital, a means to achieve portfolio diversification, and tax-advantaged, long-term wealth creation.
We often get asked, “What makes BAM different?” or, “What is BAM’s competitive advantage?” The answer is simple: our people! Ivan Barratt’s vision for the BAM Companies is a beautiful machine of great people who help us execute our wealth strategy for our investors. Profit has never been part of the equation for the BAM Management & BAM Construction; It is execution and culture.
After earning a finance degree from Indiana University’s Kelley School of Business, Ivan buys his first income producing property. Then, he starts an apprenticeship at Pittman Partners (Development Firm), focusing on feasibility, zoning, risk management, disposition, and acquisition. After learning to prepare while others panicked during the Great Financial Crisis, Ivan decides to put his investment thesis into practice and launches BAM. Starting small, Ivan uses his own capital, adheres to the “fail fast and fail small” mantra, and learns as he goes.
BAM teams up with one investor to make a 35-unit purchase, which sells for a profit in just 5 years. Despite some mistakes, and many hard lessons, the sale delivers a 10% IRR.
BAM and 10 limited partners purchase Park Place at Fox Hill, a 60-unit property, which sells in 4 years at 17% IRR. Through this experience, the idea of BAM Capital is born.
Adam departs a successful Multifamily brokerage business to lead acquisitions and operations for BAM. Along with Adam, BAM brings accounting and construction in-house with two other key hires. The company becomes a fully vertically integrated multifamily syndicate.
With 60%+ IRR (2.5x in 2.5 yrs), BAM starts to bend the growth curve. The hard work to have a vertically integrated company begins to pay off.
Featured in the Indianapolis Business Journal, BAM is named one of the top owner/managers in the state as well as the second youngest company to be recognized.
With acquisitions in Illinois and Ohio, the company expands its footprint, allowing more deal flow opportunities and portfolio diversification.
By focusing exclusively on its own assets, the company is able to fine-tune efficiencies.
Over a three year period BAM grew at an incredible pace, recognized in the INC. 5000 for America’s Fastest Growing Companies and the Indianapolis FAST 25 edition. This allows BAM to hire more talent and build out the infrastructure needed to be the best in the industry.
BAM Multifamily Growth & Income Fund I is created to raise $50M over two years- which is raised in just 16 months. BAM pivots away from single-asset deals, reducing risk and increasing probability of higher returns.
With an attitude of always hiring ahead and bringing in the best talent, BAM moves past the century mark across the portfolio of BAM Capital, BAM Construction, and BAM Property Management.
The team adds a VP of Investor Relations, Marketing Admin, Investor Relations Associate and Marketing Manager.
BAM Multifamily Growth & Income Fund II offers two classes of shares, giving limited partners more options to suit their investment needs. Fund II will raise $75M over 2 years.
Real Estate Investing: Classifying Neighborhoods A to C Table of Contents Navigation: Neighborhood Classes, Class A Neighborhoods, Class B Neighborhoods, Class C Neighborhoods, Work with