Bonaventure
Bonaventure is a vertically integrated Mid-Atlantic and Southeast multifamily firm, founded in 1999, that has built its 1031/721 franchise around its perpetual-life Bonaventure Multifamily Income Trust (BMIT), through…
Overview
Bonaventure is a vertically integrated Mid-Atlantic and Southeast multifamily firm, founded in 1999, that has built its 1031/721 franchise around its perpetual-life Bonaventure Multifamily Income Trust (BMIT), through which it has facilitated more than $1.5 billion in tax-deferred exchanges. The model is notable for its balance-sheet discipline—roughly 98% fixed-rate debt—and for an UPREIT structure that lets exchangers roll into a diversified, professionally managed apartment portfolio. With a claimed net annualized BMIT return north of 22% and full control of development, acquisition and management, Bonaventure markets operational integration and rate-risk insulation as its core advantages.
Key strategies & advantages
- Built around its perpetual-life BMIT trust ($1.1B+ gross assets), offering a 721/UPREIT roll-up for exchangers.
- Has facilitated more than $1.5 billion in tax-deferred exchanges, substantial for a regional firm.
- Runs a balance sheet roughly 98% fixed-rate, insulating cash flows from rate shocks.
- Fully vertically integrated across Mid-Atlantic/Southeast multifamily.
- Cites a net annualized BMIT return north of 22%, a standout if sustained.
Track record
Baker 1031 does not yet have full-cycle, deal-by-deal results for Bonaventure in its dataset. Aggregate figures above, where shown, are sponsor-reported and not independently verified. Past performance does not guarantee future results.
Current offerings from this sponsor
Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →
Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →
Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.