Key Takeaways
- • Bluerock, an alternative investment manager with more than $20 billion in acquired and managed assets, has appointed Keith Lampi as Chief Executive Officer of Bluerock Tax Solutions (BTS), a newly established division focused on tax-advantaged offerings for the private wealth market.
- • Lampi joins from Inland Private Capital Corporation, where he was Chairman and CEO and where Inland's tax solutions platform grew to more than $13 billion in assets under management.
- • BTS will develop and expand Delaware Statutory Trust (DST) offerings, qualified opportunity zone investments and Section 721 exchange solutions, building on Bluerock's long-standing sponsorship of DST offerings for individual investors.
- • The division is designed to broaden the tax-focused product set Bluerock offers to financial advisors and their clients.
Summary
Bluerock, an alternative investment manager with more than $20 billion in acquired and managed assets, has appointed Keith Lampi Chief Executive Officer of Bluerock Tax Solutions (BTS), a newly established division focused on expanding tax-advantaged investment offerings for the private wealth market. Based in Chicago, Lampi will lead the development and expansion of Bluerock's tax-advantaged strategies, including Delaware Statutory Trust (DST) offerings, qualified opportunity zone investments and Section 721 exchange solutions.
Lampi joins Bluerock from Inland Private Capital Corporation, where he most recently served as Chairman and CEO. During his tenure, Inland's tax solutions platform grew to more than $13 billion in assets under management. He began his career at Inland as an intern in 2001 and advanced through leadership positions. He also served as Chairman and CEO of IPC Alternative Real Estate Income Trust Inc., a publicly registered, non-traded real estate investment trust. Lampi brings more than 20 years of experience in tax-advantaged real estate, private securities and investment management.
The new division builds on Bluerock's established presence in tax-advantaged real estate investing and its relationships with financial advisors serving individual investors. Bluerock has sponsored DST investment offerings for individual investors for more than two decades. According to the company, the structure is commonly used in Section 1031 real estate exchanges, allowing eligible investors to defer certain capital gains taxes when exchanging qualifying investment properties. BTS will broaden its range of tax-focused strategies for financial advisors and their clients, and the firm's platform spans private and public real estate, alternative credit, and tax-advantaged strategies including 1031 and 721 exchange solutions.
Ramin Kamfar, Founder and CEO of Bluerock, said Lampi is "an innovator and a transformative leader in our industry" and has "spent more than twenty years earning the trust of advisors and home offices across the country." Lampi said advisors "are helping clients with increasingly complex tax decisions, and they want partners with real depth."
Lampi has also held leadership roles within the Alternative and Direct Securities Association (ADISA), serving as its president in 2018 and as a board member for six consecutive years. He received ADISA's Distinguished Service Award in 2016 and holds a bachelor's degree in economics from the University of Illinois at Urbana-Champaign.
Lampi joins Bluerock from Inland Private Capital Corporation, where he most recently served as Chairman and CEO. During his tenure, Inland's tax solutions platform grew to more than $13 billion in assets under management. He began his career at Inland as an intern in 2001 and advanced through leadership positions. He also served as Chairman and CEO of IPC Alternative Real Estate Income Trust Inc., a publicly registered, non-traded real estate investment trust. Lampi brings more than 20 years of experience in tax-advantaged real estate, private securities and investment management.
The new division builds on Bluerock's established presence in tax-advantaged real estate investing and its relationships with financial advisors serving individual investors. Bluerock has sponsored DST investment offerings for individual investors for more than two decades. According to the company, the structure is commonly used in Section 1031 real estate exchanges, allowing eligible investors to defer certain capital gains taxes when exchanging qualifying investment properties. BTS will broaden its range of tax-focused strategies for financial advisors and their clients, and the firm's platform spans private and public real estate, alternative credit, and tax-advantaged strategies including 1031 and 721 exchange solutions.
Ramin Kamfar, Founder and CEO of Bluerock, said Lampi is "an innovator and a transformative leader in our industry" and has "spent more than twenty years earning the trust of advisors and home offices across the country." Lampi said advisors "are helping clients with increasingly complex tax decisions, and they want partners with real depth."
Lampi has also held leadership roles within the Alternative and Direct Securities Association (ADISA), serving as its president in 2018 and as a board member for six consecutive years. He received ADISA's Distinguished Service Award in 2016 and holds a bachelor's degree in economics from the University of Illinois at Urbana-Champaign.
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