BAM Capital, a multifamily syndication company based in Indianapolis, Ind., announced the acquisition of Hayden Flats, a 2023-built, institutional-quality apartment community in Bloomington, Ind. This key acquisition serves as the foundational asset in the BAM Multifamily Growth Fund V, expanding the firm’s multifamily investment opportunities in a high-growth market.
“I am confident that the acquisition of Hayden Flats exemplifies The BAM Companies’ commitment to disciplined growth and operational excellence,” said Ivan Barratt, CEO and founder at BAM Capital. “This property strengthens our portfolio, and by leveraging our in-house management, we are well-positioned to deliver attractive risk-adjusted returns and long-term value to our investors.”
Hayden Flats is located to attract residents from the area’s robust tech, education, medical and defense sectors. Community amenities include a saltwater pool with an indoor/outdoor lounge, a state-of-the-art f