BAM Capital Unveils Multifamily Growth Fund for Midwest Investments
BAM Capital, a private real estate firm specializing in multifamily investments, has launched its latest offering—BAM Multifamily Growth Fund V. Targeting Class A properties, the fund aims to deliver long-term capital appreciation and wealth creation through investments in “high-growth” Midwest markets.
The fund targets an internal rate of return (IRR) of 15% to 20%, a 2.0x to 2.5x equity multiple over a five- to seven-year hold, and up to 8% preferred return, with tax advantages like depreciation and eligibility for retirement accounts.
With over $1.73 billion in investment and sale activity, Carmel, IN, BAM Capital has acquired and managed more than 9,000 multifamily units. From 2,440 exited units, the firm has realized an average IRR of 33.85% and a 2.46x equity multiple.
“Investment in BAM Multifamily Growth Fund V represents not just an investment in real estate, but a stake in the prosperity and growth of the Midwest. We’re not just buying properties; we’re investing in communities, and we’re excited for our investors to join us in this journey,” said Ivan Barratt, founder & CEO of BAM Capital.
