#United States #Bloomington #BAM Capital #Oakdale Square

BAM Capital's Successful Sale of Oakdale Square Apartments

BAM Capital, a renowned multifamily syndication company located in Indianapolis, recently announced the successful sale of Oakdale Square Apartments, a residential community comprising 200 units in Bloomington, Indiana. This significant transaction marks a successful conclusion to a single-asset investment, emphasizing the firm's exceptional skill in property acquisition, management, and profitable disposition.

Acquired back in 2017 and proudly managed by the award-winning BAM Management team, Oakdale Square Apartments has delivered extraordinary returns to its investors. The community achieved an impressive 31.5% Internal Rate of Return (IRR) and 5.08 times Multiple on Invested Capital (MOIC). These results exemplify BAM Capital's comprehensive, full-cycle investment strategy that has demonstrated success in maximizing investor value through effective market engagement.

Ivan Barratt, the CEO and Founder of The BAM Companies, expressed pride in the successful transaction, stating, "The disposition of Oakdale Square Apartments represents a major win for our investors and a testament to our vertically integrated model. Our team's ability to acquire a well-located asset, enhance operations, and execute a strategic sale demonstrates our commitment to delivering superior risk-adjusted returns."

The sale of Oakdale Square is particularly noteworthy due to its strategic location in Bloomington, close to notable employers like Cook Medical and Indiana University. Barratt further elaborated on the significance of the successful exit, indicating it will allow The BAM Companies to channel capital towards new acquisition opportunities that align with their growth strategies, specifically focusing on Class A, high-quality assets in rapidly growing Midwest markets.

The successful exit serves to reinforce BAM Capital's strong track record within the multifamily investment sector, and the firm’s ability to adapt its strategies to changing market conditions.

About The BAM Companies

Located in Carmel, Indiana, The BAM Companies specializes in the acquisition and management of multifamily apartment communities. It includes BAM Capital, BAM Management, and BAM Construction, each playing a vital role in the organization's overarching mission. The company has garnered accolades as the Indiana Apartment Association's 2024 Management Company of the Year and was recognized as one of Inc.'s 5000 fastest-growing private companies in America over the last eight consecutive years.

About BAM Capital

BAM Capital has emerged as a leader in the realm of private equity real estate, delivering consistent returns and unique investment opportunities for accredited investors. The firm primarily focuses on acquiring high-quality, institutional-grade apartment communities across critical growth markets in the U.S. Through a vertically integrated and data-driven investment model, BAM Capital strives to provide valuable housing options while ensuring significant returns for investors.

About BAM Management

BAM Management is a Midwest-focused multifamily management organization that oversees over 6,100 residential units across multiple states including Arkansas, Illinois, Indiana, Iowa, Missouri, and Pennsylvania. Recognized for its excellence, BAM Management received the 2024 Management Company of the Year accolade from the Indiana Apartment Association, in addition to being honored for its innovative contributions to the industry.

In conclusion, the successful sale of Oakdale Square Apartments not only underscores BAM Capital's operational excellence but also reinforces the strength of the Bloomington market, promising a bright future for the company and its investors. With plans to continue identifying and managing valuable real estate assets, BAM Capital remains poised for ongoing success in the multifamily investment landscape.