Our Approach

Fundamental Value Approach

BMC believes in full alignment of incentives across the team.  BMC’s principals and team invest alongside our partners in each deal and bring a hands-on approach to work closely together to successfully execute on an investment strategy.

Investment Thesis

BMC focuses on investing in properties with intrinsic value. This means acquiring properties in locations with competitive advantages and at values which are priced at a discount to replacement cost. Targeted properties possess the qualities necessary to produce strong stabilized cash flow even in periods of market uncertainty.  BMC evaluates properties based on the quality of the real estate and market position and then structures the investments to optimize returns under a conservative evaluation of financial risk and potential market fluctuations.

Diversification of Assets

The ability to invest across different property types and markets, and under varied capital structures is central to BMC’s investment strategy. This flexibility allows BMC to respond to market cycles and provides BMC with greater context to evaluate the merits of a given investment against a diverse opportunity set.

Investment Pursuits

The BMC team brings extensive real world experience and continually seeks new opportunities that fit our investment criteria. BMC targets the following broad categories of real estate investments: (i) stabilized long term value plays (ii) value creation opportunities, (iii) distressed/restructuring opportunities.

  • Stabilized long term value plays.  BMC identifies property types and locations which offer long term potential for rent growth, asset appreciation, and stable operating performance, and then structures investments to mitigate the downside risk of real estate cycles and changing macroeconomic conditions.
  • Value creation opportunities. These opportunities may include situations in which an investment’s basis compares favorably to its potential value once repositioned.  These also may be opportunities where there is the potential for near-term improvement in cash flow through active asset and property management.
  • Distressed/restructuring opportunities. These opportunities can be situation-specific, derived from opportunities created by in-place ownership and capital structures requiring infusions of liquidity or restructuring expertise; or systemic, resulting from a buying opportunity created by market dislocation.