Bonaventure

05/13/2026

Sam Zell made a fortune buying real estate from people who got margined out at the bottom.

Dwight Dunton just made sure Bonaventure was never on the other side of that trade.

In this clip with Jay Parsons on The Rent Roll with Jay Parsons, Dwight breaks down the discipline that has carried us through three liquidity cycles without a forced sale, a margin call, or a refi we couldn't roll:

"I used to watch Alan Greenspan testify on Capitol Hill for three hours — and walk out with no idea which way rates were going. So we said: if he doesn't know and it's his job, let's just take it off the table. Go fixed."

The trade-off: gave up a little upside in the good times.
The payoff: no one calling us for $10M at the worst possible moment.

That same discipline sits inside BMIT today — 98% fixed-rate debt, 17-year average term, 3.8% weighted rate.

Boring on the way up. Decisive on the way down.

Full episode in the comments. 👇

05/01/2026

Value-add multifamily isn't a strategy. It's a stress test for the operator.

We just closed Royal Pointe — 208 units in Virginia Beach, $39.5M, acquired through BMIT.

The deal structure tells the real story: we assumed the existing financing, layered in a partial 1031 exchange and a 721 UPREIT for the contributing investors, and we're executing the renovation plan with scale we already have in the market.

Anyone can buy a 1987-vintage asset and point to upside on paper. Far fewer can structure it that way and deliver.

In a transitional market, returns come from ex*****on at the property level — not rent growth we don't control. Virginia Beach gives us supply-constrained fundamentals. Our existing Hampton Roads portfolio gives us the operating leverage.

26 years. $590M+ of our own capital invested first.

Full story in MultifamilyBiz → https://www.multifamilybiz.com/news/11372/bonaventure_expands_multifamily_valueadd_portfolio

02/19/2026

When is 8% better than 10%?
When your client cares more about durability than drama.

If you’re an advisor, you’ve seen this play out:
- Higher yield tied to floating debt
- Short maturities in uncertain rate environments
- Rent growth assumptions are doing the heavy lifting
The result? Income that looks strong on paper but feels fragile in practice.

This piece breaks down:
- How capital structure impacts income stability
- Why long-duration, fixed-rate financing can reduce forced exits
- What to look for when evaluating yield vs. risk
- How to frame this conversation with clients focused on understanding risks

If you allocate to private real estate, this is a practical lens for underwriting yield more intelligently.

Read the full article here > https://bonaventure.com/when-8-percent-is-better-than-10-percent/

This is not an offer to sell or a solicitation of an offer to buy securities.

Understanding Risk-Adjusted Income in Preferred Offerings NOT ALL PREFERRED OFFERINGS ARE CREATED EQUAL. In today’s...

01/26/2026

What drives returns in multifamily investing?

In this video, Bonaventure CEO Dwight Dunton walks through the key levers that consistently matter: operational ex*****on, capital decisions, and staying disciplined across cycles.

Clear perspective. Practical insights.

01/21/2026

Good discussion with ADISA, moderated by Greg Mausz.

In this video, Bonaventure CEO Dwight Dunton shares a practical perspective on focusing on fundamentals and long-term outcomes as market conditions continue to evolve.

Worth a watch > https://youtu.be/2KpoXouRtmM?si=j1om442Mj8O5YpKM

This episode of Focus on Alternatives conversation offers an educational look at how NAV REITs fit into today’s real estate landscape. Dwight Dunton, CEO of ...

01/21/2026

Tax-deferred exchanges can be powerful, but only if you understand the differences.

This guide takes a clear look at 1031s, 721s, and DSTs, outlining how each structure works and what investors should consider before choosing a path.

If tax efficiency and long-term planning are part of the conversation, this is a helpful place to start.

Read the guide here > https://bonaventure.com/tax-deferred-exchanges-a-close-look-at-1031s-721s-and-dsts/

What You’ll Discover Discover how tax-deferred strategies like 1031 and 721 exchanges can preserve capital,...

01/20/2026

What problem are we solving for investors?

In this video, Bonaventure CEO Dwight Dunton shares the thinking behind the firm’s approach: real estate strategies designed for alignment, durability, and long-term outcomes rather than one-off transactions.

It’s about solving for consistency, not complexity.

01/15/2026

Housing Gen Z is already shaping how multifamily evolves.

This new Multi-Housing News article looks at why serving the next generation of renters is both a challenge and an opportunity. Bonaventure CEO Dwight is quoted throughout this piece, sharing practical insights on affordability, flexibility, and how renter expectations are shifting in real time.

It’s a thoughtful read for anyone considering where demand is headed next.

Read the article here > https://www.multihousingnews.com/why-housing-gen-z-is-a-challenge-and-an-opportunity/

This cohort is "slow-stepping" into adulthood, and that has implications.

01/13/2026

Why build a 1031 platform in the first place?

In this short clip, CEO Dwight shares what led Bonaventure to build its 1031 platform and why alignment, tax efficiency, and long-term ownership were foundational from day one.

For many investors, a 1031 exchange is about continuity, not just ex*****on. That principle shaped the platform from the start.

01/12/2026

Happy to share that Dwight was recently quoted in a new Commercial Observer article on the ongoing uncertainty around Fannie Mae and Freddie Mac privatization.

The piece explores how unclear timelines and shifting policy expectations could impact multifamily financing, deal flow, and housing availability. It’s a thoughtful look at why stability and transparency in the capital markets matter for renters and investors alike.

Read the full article here > https://commercialobserver.com/2026/01/fannie-mae-freddie-mac-privatization-rules-2026/

What will an IPO for the government-backed mortgage godzillas look like? Commercial real estate has some ideas.

01/09/2026

Our latest multifamily offering is getting industry attention.

Promenade Pointe DST was recently featured by Yield PRO, highlighting a Class A waterfront apartment community in Norfolk, VA, designed for 1031 exchange investors focused on predictable income and downside protection.

With strong historical occupancy, an experienced owner-operator, and a conservative capital structure, Promenade Pointe was built for investors who value stability over speculation.

Read the article:

Bonaventure Launches Property DST, Offering Fractional Ownership In Class A Multifamily Property Promenade Pointe In Norfolk