Bernardo Asset Management (BAM), established in 1991 and headquartered in Evergreen, Colorado, is a boutique alternative investment firm specializing in real estate securities. The firm focuses on 1031 Exchange Replacement Properties through the Delaware Statutory Trust (DST) structure, enabling investors to defer capital gains and depreciation recapture taxes while potentially earning passive monthly income.
Key Strategic Focus
BAM's primary objective is to assist clients in identifying and investing in DST offerings that align with their financial goals. The firm collaborates with a select group of DST sponsors, evaluating their offerings to ensure they meet investor objectives. BAM's services include:
- Identifying current DST offerings in the marketplace.
- Educating investors on DST investment structures.
- Assisting with necessary paperwork for broker/dealer and DST sponsors.
- Coordinating with Qualified Intermediaries (QI) throughout the 1031 Exchange process.
Financials and Funding
As a privately held firm, BAM does not publicly disclose its financials or funding history.
Pipeline Development
BAM has facilitated investments in various DST offerings, including:
- Medical Office Property: Located in North Carolina, Oregon, and Texas, with an equity offering of $16,620,000 and a 53% loan-to-value ratio.
- Multi-Family Property: Situated in Alabama, featuring an equity offering of $55,900,000 and a 48% loan-to-value ratio.
- Industrial Property: Based in Ohio, with an equity offering of $41,914,150 and an 86% loan-to-value ratio.
- Self-Storage Property: Located in Massachusetts and New York, offering an equity of $26,819,736 and a 46% loan-to-value ratio.
Technological Platform and Innovation
BAM leverages its extensive industry experience to provide clients with access to institutional-grade properties through DSTs. The firm employs a consultative approach, ensuring that each investment aligns with the client's financial objectives and risk tolerance. While specific proprietary technologies or AI-driven capabilities are not disclosed, BAM's personalized service and thorough market research distinguish it in the industry.
Leadership Team
Wayne Bernardo, the founder and owner of BAM, has been in the real estate investment securities industry since 1983. He holds Series 7, Series 24, and Series 63 securities licenses and has participated in numerous public and private securitized real estate transactions. Wayne's commitment to independence ensures that he works solely for the client's best interests, providing unbiased guidance throughout the investment process.
Leadership Changes
There have been no recent significant changes or appointments within BAM's leadership team.
Competitor Profile
In the niche market of 1031 Exchange DST investments, BAM faces competition from other specialized firms offering similar services. While specific competitors are not listed, the broader asset management industry includes large firms such as BlackRock, Vanguard Group, and Fidelity Investments. However, BAM's boutique nature and personalized service differentiate it from these larger entities.
Strategic Collaborations and Partnerships
BAM collaborates with a select group of DST sponsors, carefully evaluating their offerings to ensure they meet client objectives. This selective partnership approach ensures that clients have access to high-quality investment opportunities.
Operational Insights
BAM's strategic considerations focus on providing personalized, client-centered services that distinguish it from larger competitors. The firm's independence and dedication to aligning investments with client goals serve as its primary competitive advantages.
Strategic Opportunities and Future Directions
BAM aims to continue expanding its portfolio of DST offerings, providing clients with diverse investment opportunities. The firm's commitment to personalized service and thorough market research positions it well to adapt to evolving market conditions and client needs.
Contact Information
- Website: bernardoasset.com
- Email: wayne@bernardoasset.com
- Phone: (303) 981-1387
- Location: Evergreen, Colorado
