Multifamily Income Built To Last

Bonaventure Multifamily Income Trust (BMIT®) is a perpetual-life, tax-efficient multifamily REIT designed for investors seeking durable income and long-term real asset exposure through a diversified, operator-led portfolio.

Built for investors who care not just about how much income an investment targets, but how that income is generated and sustained across market cycles. 

 

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$1.2B+
Fund AUM
143M+
The Fund's Largest Investor
98%
Fixed-Rate Property-Level Financing
Why Investors Consider BMIT
Income Orientation, Diversification and Execution Discipline.

Investors focus on how income is produced, protected, and sustained. BMIT is structured around four fundamentals that support consistency across market cycles:

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Diversification

Income is generated across 23 properties and 4,290 units¹, reducing reliance on any single asset, tenant base, or market.

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Income Orientation

Monthly distributions (not guaranteed) supported by operating cash flow from multifamily properties rather than a single business plan or exit event.

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Financing Built for Resilience

98% of property-level debt is fixed-rate, with an average maturity of approximately 18 years, intended to reduce interest-rate sensitivity, though risk remains.

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Sponsor Alignment

Bonaventure is the largest investor in BMIT, with $135M of its own capital invested alongside shareholders, participating in both upside and downside.


Two Offerings, One Strategy.
BMIT offers two income-oriented share classes designed to align with different risk and return preferences.
BMIT Common Shares
Designed for investors seeking income with long-term appreciation potential.
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Monthly distributions (not guaranteed), currently equating to a 5.3% annualized yield based on NAV²
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Participation in portfolio-level appreciation.
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Long-term investment orientation.
BMIT Preferred Series 2025
Built for investors who want reliable income backed by senior position, not just higher yield.
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8.0% annualized preferred distribution, paid monthly; cumulative, non-compounded, not guaranteed³
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Senior to common equity in the capital structure
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Optional conversion to common at a 5% discount to NAV after year four⁴
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Redemption requests may be accepted after year six, subject to availability⁵
PORTFOLIO
Why Portfolio Construction Reduces Single-Asset Risk
BMIT generates income across a diversified multifamily portfolio. This reduces reliance on any single property, tenant, market, or execution outcome.

23

Properties

4,290

Units

98%

Fixed-Rate Debt

17

Year Average Term to Maturity

Project

The Field House

Location

Lawrenceville, GA

Project Type

Core

Project Details

This stabilized multifamily asset, acquired at 95%+ occupancy in a growing suburban submarket, is positioned to generate consistent monthly cash flow with durable rental demand and limited near-term capital expenditure risk.

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Project

The Cascades

Location

Virginia Beach, VA

Project Type

Core-Plus

Project Details

This 2010-built multifamily property enhances returns through targeted unit renovations, amenity repositioning, and operational improvements that strengthen NOI while balancing income stability and appreciation potential.

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Project

Braddock Lee Apartments

Location

Alexandria, VA

Project Type

Value-Add

Project Details

This legacy asset was acquired with below-market rents and renovation upside, then repositioned through capital improvements, upgraded units, expanded rentable space, and strengthened leasing practices to improve long-term stability and performance.

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Disclosures

1) As of 01/31/26. 2) There can be no assurance that the offering will continue to provide distributions, execute its investment plan, or return investors’ principal. Consult the PPM for a full discussion of risk factors prior to investing. The percent of NAV is calculated based upon the annualized current monthly distribution of $0.08 per share divided by the current share price. Distributions are comprised of earnings from assets within the fund as well as loan proceeds. When loan proceeds are used to fund distributions, the fund will have less capital to invest, which may lower overall returns. Distributions may be modified at the discretion of BMIT’s Board. 3) Distributions are not guaranteed and are subject to change or suspension by the REIT’s Board at any time. 4) No assurance can be provided that conversion will be available at year four or that liquidity will be available throughout the investment period. See the PPM for details regarding liquidity and conversion. 5) Redemption and conversion requests are not guaranteed and are subject to approval by the Board of Directors and availability of funds at the time of request.

This material is provided for informational and discussion purposes only and does not constitute investment, legal, or tax advice, nor an offer or solicitation to buy or sell any securities.Investments involve risk, including possible loss of principal. Past performance is not indicative of future results. Please review the applicable Private Placement Memorandum (“PPM”) and offering documents before making any investment decision.