---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-000877"
form_type: "8-K"
ticker: "BOC"
cik: "0001494582"
company_name: "BOSTON OMAHA Corp"
filed_at: "2023-01-11T23:59:59+00:00"
generated_at: "2026-06-20T16:31:28.432743+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-000877
- form_type: 8-K
- ticker: BOC
- cik: 0001494582
- company_name: BOSTON OMAHA Corp
- filed_at: 2023-01-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494582/000143774923000877/0001437749-23-000877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494582/000143774923000877/bomn20230106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-000877
- JSON: https://secwatch.observer/filing/0001437749-23-000877.json
- Plain text: https://secwatch.observer/filing/0001437749-23-000877.txt

## Key facts
- Executive change
  Alex B. Rozek was elected as Co-Managing Partner at BOSTON OMAHA Corp.
  - Action: elected
  - Role: Co-Managing Partner
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494582/000143774923000877/0001437749-23-000877-index.htm
- Executive change
  Brendan J. Keating was appointed as Co-Managing Partner at BOSTON OMAHA Corp.
  - Action: appointed
  - Role: Co-Managing Partner
  source text: Mr. Keating is a Director of BOC and has agreed to join BOAM as a Co-Managing Partner of BOAM.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494582/000143774923000877/0001437749-23-000877-index.htm
- Executive change
  Adam K. Peterson was elected as Co-Managing Partner at BOSTON OMAHA Corp.
  - Action: elected
  - Role: Co-Managing Partner
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494582/000143774923000877/0001437749-23-000877-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.