BOAM RIA LLC provides investment advisory services on a discretionary basis to commercial and residential real estate funds. BOAM manages these funds in accordance with the investment objectives set forth in the fund's offering documents. Investment decisions are not tailored to the individual needs of any particular investor in the funds. BOAM's affiliate, 24th Street Asset Management, LLC, operates as a relying advisor and together with BOAM will operate as a single advisory business.
Fee Structure
BOAM manages real estate funds and charges a management fee based on the fund's assets. The fee is generally 1% annually, calculated differently for each fund based on factors like appraised asset value, debt, and deployed capital. These fees are deducted directly from the fund accounts.