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Targets

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3 Years

Hold Period

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2.2x - 2.6x

Equity Multiple

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22 - 27%

IRR

Marketing graphic for Westgate on Third, a joint venture by BAM Capital and Domo Development. Features a modern fireplace, lounge, common area, and fitness room in apartment interiors. Logos of both companies are displayed.

BAM Capital is pleased to present the opportunity to invest in a single asset, ground-up development project delivering a premier, 330 unit, Class A, multifamily community to Bloomington, Indiana– Westgate on Third.

BAM Capital presents this offering via a joint venture with one of the most prolific developers in the Midwest – DOMO Development.

DOMO Development has an impressive track record of building quality class “A” assets in highly desirable locations. DOMO Development develops projects in areas with quality school districts that are near quality employment, retail, and recreation. DOMO Development’s projects perfectly fit BAM Capital’s core investment strategy.

The delivery of this project will bring an unrivaled asset with premium floor plans, condominium-style finishes, and a best-in-class amenity package in a submarket with much more demand than supply. Westgate on Third fills an unserved rental market for luxury apartments in Bloomington, Indiana.

The principals of both BAM Capital and DOMO Development will personally guarantee the project and will have a 50/50 joint partnership. BAM Capital will maintain control of all major decisions as it relates to Westgate on 3rd.

Project Highlights

  • Ground Up Development with a Proven Operator
  • Outsized Return Potential Over a Short Hold Period
  • Shovel Ready Project Available for Immediate Deployment of Capital
  • Investors Will Begin Earning Their Preferred Return as Soon as Funds are Received
  • Bloomington, Indiana: a Nationally Recognized, High Barrier to Entry Submarket.
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Joint
Venture

White text DOMO DEVELOPMENT is centered on a solid brown background, with a laurel wreath graphic partly encircling the text from both sides.
PROVEN TRACK RECORD & EXECUTION
  • DOMO Development has an excellent track record for developing Class “A” multifamily projects across the Midwest because of its ability to control its construction costs while also delivering a superior product with high-end amenities.
  • DOMO Development utilizes fixed price construction contracts to mitigate construction cost risk.
  • DOMO Development’s principals have a combined experience of 75 years in real estate development and construction.
  • DOMO Development has fully executed their business plan and delivered an average 21.5% IRR for their investors.
  • DOMO Development has completed all its development projects in high demand locations with a focus on excellent school districts, proximity to high-end retail, and an abundance of white-collar employment.

BAM Capital only selects projects that fit its stringent investment thesis and those that will deliver superior risk-adjusted returns for its investors.

BAM Capital has delivered an average IRR of 34.87% and equity multiple of 2.45x to its investors within an average hold period of 3.4 years.

The BAM Companies’ executive team has 215+ years of combined real estate experience and has navigated multiple adverse economic cycles.

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.

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Joint Venture

BAM Capital logo
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.
  • 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.
  • The BAM Companies is an operator at its core. It is a major component to our success. The BAM Companies formulates strategies to create operating efficiencies and use our proven methods to boost ancillary income – all things that are within our control.
  • The BAM Companies Executive Team combined has over 185 years of real estate experience and have navigated their way through multiple adverse economic cycles.
White text DOMO DEVELOPMENT is centered on a solid brown background, with a laurel wreath graphic partly encircling the text from both sides.
PROVEN TRACK RECORD & EXECUTION
  • DOMO Development has an excellent track record for developing Class “A” multifamily projects across the Midwest because of its ability to control its construction costs while also delivering a superior product with high-end amenities.
  • DOMO Development utilizes fixed price construction contracts to mitigate construction cost risk.
  • DOMO Development’s principals have a combined experience of 75 years in real estate development and construction.
  • DOMO Development has fully executed their business plan and delivered an average 21.5% IRR for their investors.
  • DOMO Development has completed all its development projects in high demand locations with a focus on excellent school districts, proximity to high-end retail, and an abundance of white-collar employment.

Webinar

Watch now to learn more about this single asset including its nationally recognized submarket, project timeline, and what makes BAM Capital & Domo Development an ideal partnership for this ground-up development.

“

 Everyone I’ve spoken with really takes the time to get to know me as an investor. I have invested with other operators, and BAM [Capital] has by far been the best one.

– Dr. Taha S., Surgeon

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It feels like a family, and we appreciate the transparency that we get as being part of that family. To invest with BAM Capital is to put your hands in people you trust.

– Andrea F., Investor Since 2022

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I want a place where we can see our hardworking money that grows safely, and that’s what BAM [Capital] has been doing for us. We were lucky to have found a company like this that we can trust.

– Lulu W., Investor Since 2016

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Sometimes investing seems cold and impersonal. However, for us, investing with BAM [Capital] feels like a warm, high-touch, professional experience. Their team is dedicated to financial success for all, and we appreciate the attention to detail, and care for their community.

– Valerie & Jenni, Real Estate

“

I have many years of 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.

– Jemmie W., Private Equity Consultant

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