BAA Investment Group is a privately held real estate investment firm based in Oakland, California that focuses on the acquisition and management of multifamily properties. We are constantly looking for well-located assets that provide us an opportunity to add significant value through the successful execution of a detailed investment strategy and business plan. Founded in 2009, the company’s investment activity totals +$100mn across approximately 1000 units.
We are a vertically integrated company. Our comprehensive capabilities include acquisitions, development, financing, asset management, accounting and investor relations. Our platform includes a dedicated management company (Bay Apartment Advisors), which provides property management services for all of the current portfolio.
BAA Investment Group has been actively acquiring and operating multifamily investment properties in the East Bay for over a decade. We have quickly become one of the largest residential property owners and managers in the region. Our goal is to deliver attractive returns to our investors from stable multifamily investments, while offering the ability to own management intensive real estate investments, without the constant issues of traditional ownership. We believe in performance, transparency, and a deep knowledge of the markets in which we invest.
We contend that the Bay Area housing market continues to suffer from a significant shortage, which we believe makes this asset class and our strategy very unique. Our focus is predominately based in the East Bay in rent controlled districts where we believe we can add value though recognizing market inefficiencies, increasing income, decreasing expenses, and streamlining property management. We are keen observers of the market conditions and may sell or refinance when we believe it delivers the maximum benefit to our investors.
Joel Kelly
Managing Partner
Joel is a managing partner of BAA Investment Group and the president of Bay Apartment Advisors. Joel oversees the property management for all investments. He started his career in apartment building brokerage in 2001 with Marcus & Millichap and has overseen the sales and transactions more than $1billion in apartment buildings in the Bay Area. He has represented developers, REITs, banks, and private clients. Joel holds a B.S. from UC Santa Barbara.
Kristopher Lamont
Partner
Kris began his brokerage career in 2005 with Marcus & Millichap. During his career, Kris has been in- volved in the sale of over 4,000 units in the San Francisco Bay Area, totaling over $1billion. Kris joined the team in 2010, responsible for the build out of the brokerage segment of the company, property management and sales of multifamily properties throughout the East Bay. Kris earned his B.A. from the University of Southern Maine.
Wes Dalton
Director of Equity Investments
Wes joined the company in 2018. He is responsible for strategic planning, investment decisions, overseeing financing activities, and investor relations. He has over 20 years of financial and investment experience. Wes began his career at Robertson Stephens in Institutional Equity Sales and has helped build and develop institutional relationships for a variety of investment banks. Wes holds a B.A. from the University of California Berkeley.
Tyler Kellner
Vice President of Operations
Tyler is the VP of Operations and oversees the day to day operations of the portfolio. Tyler joined the team in 2016 and is the Vice President of Bay Apartment Advisor’s Property Management Division, where he interacts with the BAA Investment Group’s investment properties on a daily basis. Tyler oversees a team of resident managers, leasing agents, and accountants to effectively manage over 30 properties. Tyler holds a B.A. from UC Santa Barbara.