Boston Omaha Asset Management expands to manage third-party capital; launches build-for-rent fund

BOSTON OMAHA Corp

BOAM amended operating agreement to grant Class C profits interest units to CEOs Keating, Peterson, and Rozek as incentive compensation for third-party-funded assets.
First fund: Boston Omaha Build for Rent (BFR), structured as a REIT, will combine BOC capital with outside investors to own and operate residential rental homes.
BOAM to earn management fees and carried interest from fund profits, potentially avoiding equity dilution at BOC.
Brendan Keating hired as Co-Managing Partner of BOAM; additional hires: Butch Burgers (COO), Jessica Hayes (CCO), Christian Silva (Associate).
Keating services agreement: $250,000 base salary plus Class C profits interest units; bonus payable two-thirds cash, one-third BOC Class A stock.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Alex B. Rozek

Co-Managing Partner

BOC · BOSTON OMAHA Corp

Filed: January 11, 2023, 6:59 PM ET

Messrs. Rozek and Peterson are the Co-Chairmen of the Board and Co-Chief Executive Officers of BOC and have been elected as Co-Managing Partners of BOAM.

Appointed

Brendan J. Keating

Co-Managing Partner

BOC · BOSTON OMAHA Corp

Effective: 2023-01-11
Filed: January 11, 2023, 6:59 PM ET

Mr. Keating is a Director of BOC and has agreed to join BOAM as a Co-Managing Partner of BOAM.

Appointed

Adam K. Peterson

Co-Managing Partner

BOC · BOSTON OMAHA Corp

Filed: January 11, 2023, 6:59 PM ET

Messrs. Rozek and Peterson are the Co-Chairmen of the Board and Co-Chief Executive Officers of BOC and have been elected as Co-Managing Partners of BOAM.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Alex B. Rozek was elected as Co-Managing Partner at BOSTON OMAHA Corp.

Action: elected
Role: Co-Managing Partner

Exact text from the filing

Messrs. Rozek and Peterson are the Co-Chairmen of the Board and Co-Chief Executive Officers of BOC and have been elected as Co-Managing Partners of BOAM.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brendan J. Keating was appointed as Co-Managing Partner at BOSTON OMAHA Corp.

Action: appointed
Role: Co-Managing Partner

Exact text from the filing

Mr. Keating is a Director of BOC and has agreed to join BOAM as a Co-Managing Partner of BOAM.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Adam K. Peterson was elected as Co-Managing Partner at BOSTON OMAHA Corp.

Action: elected
Role: Co-Managing Partner

Exact text from the filing

Messrs. Rozek and Peterson are the Co-Chairmen of the Board and Co-Chief Executive Officers of BOC and have been elected as Co-Managing Partners of BOAM.

View on SEC.gov

BOSTON OMAHA Corp filing history →

Source: SEC EDGAR

accession 0001437749-23-000877

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.