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Targets

3 - 4 Years

Hold Period

1.9x - 2.3x

Equity Multiple

20 - 23%

IRR

BAM Capital has partnered with J.C. Hart to present Crossing 5 Towns & Flats, a single-asset, ground-up development project in Plainfield, Indiana.

J.C. Hart’s impressive development track record for Indianapolis projects along with its local expertise, award winning floor plans, and generational development experience make this an exciting opportunity for BAM Capital investors.

BAM Capital’s platform gives investors exclusive access to a J.C. Hart development, which is typically reserved for institutional investors, family, and friends.

crossing-5
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Project Highlights

BAM Capital is excited to partner with J.C. Hart and deliver Crossing 5 Towns & Flights to Hendricks County. The project will comprise 315 Class A apartments, demanding the highest market rents. Stabilized Yield on Cost (YOC), a critical metric that BAM Capital analyzes, conservatively estimates to be 6.83% for the project providing a key indicator to the project’s success. J.C. Hart’s development expertise and fully integrated approach will help control the construction budget and maximize the stabilized net operating income to produce a successful outcome for investors.

    Prime Location with Access to Entertainment and Jobs

    The development’s location is prime for the work, live, and play resident lifestyle. The proximity to downtown is less than 25 minutes away and provides ample opportunity for entertainment, including concerts, pro sports, and national events. Indianapolis International Airport is only 10 minutes away, generating $7.5B of economic impact to the area and providing over 11,000 jobs daily.

    Highly Experienced Developer

    J.C. Hart’s ability to execute in development and working with a guaranteed maximum price construction acts to mitigate the construction risks for investors. J.C. Hart’s portfolio includes 25 properties in the Indianapolis Metro. Crossing 5 Towns & Flats is poised to benefit from the local experience and connections that J.C. has cultivated. The historical success of both J.C. Hart and BAM Capital speaks to the commitment each has to the state of Indiana and the caliber of products both produce. J.C. Hart currently has 1,180 units under construction on the northside of Indianapolis.

    Quality of Asset

    This project will be the best garden-style asset in the Plainfield submarket. J.C. Hart has a history of building premier apartments that demand the highest market rent. J.C. Hart has won numerous Indiana Apartment Association Prodigy Awards recognizing Indiana’s best floor plans, curb appeal, and clubhouses. 

    Market and Submarket Fundamentals

    Indianapolis has been the “Steady Eddie” of the USA regarding apartment fundamentals. When most of the nation has seen a decline in market rents, Indianapolis has recognized positive rent growth, which exceeded 2.5% in the last 12 months.

    Offering Memorandum – Westgate on 3rd

    Please provide the information below to receive the Offering Memorandum. By submitting this form, you are agreeing to receive marketing emails and text messages from BAM Capital. You can unsubscribe at any time.
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    Are you an accredited investor?
    NOTE: we can only accept capital contributions from Accredited Investors. What is an accredited investor? Have earned upward of $200,000 (or more than $300,000 if jointly paired with a spouse) for each of the last two consecutive years & expect to earn the same in the current year. Possess a net worth of more than $1 million (either individually or in partnership with one’s spouse), not including the value of their primary residence.
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    Joint Venture

    DISCIPLINED APPROACH TO REAL ESTATE INVESTING

    • BAM Capital only selects projects that fit its stringent investment thesis and those that will deliver superior risk-adjusted returns for its investors.
    PROVEN TRACK RECORD & EXECUTION
    • BAM Capital has delivered an average IRR of 35.14% and equity multiple of 2.58x to its investors within an average hold period of 3.4 years.

    EXPERIENCED TEAM

    • The BAM Companies Executive Team combined has over 185 years of real estate experience and has navigated its way through multiple adverse economic cycles.

    JOINT VENTURE RELATIONSHIPS

    • BAM Capital heavily vets Joint Venture Partnerships before entering into business. Our relationships, cultivated by leadership, help position BAM Capital with best-in-class opportunities.

    PROVEN TRACK RECORD & EXECUTION

    • Based in Carmel, J.C. Hart has been in the multifamily and residential development business since 1976.
    • The J.C. Hart Portfolio consists of 6,693 luxurious apartments across 25 communities in the Midwest and currently has 1,180 units in development in Northern Indianapolis Submarkets.
    REPUTATION & AWARDS
    • The J.C. Hart brand has strong word of mouth value in the Indianapolis Market. Chairman, John C Hart Jr has over 50 years of experience and has successfully navigated the company through adverse economic cycles.
    • J.C. Hart has twice been named IAA Management Company of the year. Their developments have won numerous awards for floor plans, curb appeal, marketing innovation and resident retention.

       

    Offering Memorandum – Westgate on 3rd

    Please provide the information below to receive the Offering Memorandum. By submitting this form, you are agreeing to receive marketing emails and text messages from BAM Capital. You can unsubscribe at any time.
    Please enable JavaScript in your browser to complete this form.
    Name
    You will receive a link to the Offering Memorandum to the email address provided.
    Are you an accredited investor?
    NOTE: we can only accept capital contributions from Accredited Investors. What is an accredited investor? Have earned upward of $200,000 (or more than $300,000 if jointly paired with a spouse) for each of the last two consecutive years & expect to earn the same in the current year. Possess a net worth of more than $1 million (either individually or in partnership with one’s spouse), not including the value of their primary residence.
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    Webinar

    VP of Asset Management, Ryan Thie, discusses this development opportunity including targeted returns, sub-market demographics, and why BAM Capital and J.C. Hart are partnering on Crossing 5 Towns + Flats.

    From Our Investors

    I have many years experience as a financial Executive in Private Equity owned companies and am very impressed with the sharp, diligent, and methodical manner in which Ivan and his team run their businesses and work with their limited partners. I have invested in several projects and have been very satisfied with the results thus far.

    Mr. Wang

    My husband and I were looking for a profitable passive investment that would allow us peace of mind. We were impressed with BAM’s low-risk business model and the professionalism of their team. We chose to invest in the BAM Fund as a way to diversify our investment over multiple assets and have been pleased with the returns and timely reporting.

    Mrs. Barros

    I have been very happy with Ivan and his team of professionals. I have experience with five other real estate companies in a similar investor role. In this type of limited partner relationship, timely reporting and transparency are key to instill confidence. BAM has met or exceeded my expectations. I plan to continue to invest with this team for the foreseeable future.

    Mohsen M.

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    About the BAMFAM

    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.