Burlington Capital

What Burlington Capital does

Burlington Capital is a privately held, family-controlled alternative investment management firm founded in 1984 by Michael B. Yanney and headquartered in Omaha, Nebraska. The firm operates a vertically integrated platform spanning real estate investment management, property management, real estate development, agricultural services, business transitions advisory, and venture capital, with wholly-owned subsidiaries including Burlington Capital Properties, Cantera Partners, Proven Ventures, and the Burlington Capital Multifamily Income Trust and Access Fund REITs. Since inception, Burlington Capital has acquired, financed, or managed over $4 billion of real estate assets, sponsored 29 public and private investment programs, and overseen approximately 10,000 apartment units across 27 states and 40+ countries.

Revenue is generated through multiple streams: fund management and property management fees on $4B+ of assets under management, carried interest from successful fund performance (Fund VI delivered 146% of initial capital), advisory fees from the Business Transitions division, professional services fees from Cantera Partners' USDA/USAID food aid monetization work (over $500 million in commodities processed), and equity/revenue-sharing from Proven Ventures venture investments. Go-to-market is primarily direct institutional sales targeting institutional investors, accredited private investors, government entities, universities, nonprofit developers, and NGOs, with private placement offerings, NAV REIT subscriptions, and government contracting as primary channels. The firm distributes products through direct relationships, financial advisors, and partnership channels, with NAVs disclosed at $974 (Multifamily Access Fund) and $970 (Multifamily Income Trust) as of April 2026.

The company serves institutional and high-net-worth investors seeking alternative real estate exposure, veterans and military families through affordable and military housing developments (including a 50-year $240 million Offutt Air Force Base project), international development organizations through food aid monetization programs, and Nebraska-based growth companies via Proven Ventures. Recent strategic moves include a 2025 Saudi Arabia expansion through the Al-Bushra Infrastructure Development Fund partnership, the launch of the Business Transitions division, and active Fund VI portfolio optimization through both acquisitions and dispositions, all while continuing the founder-family leadership structure under Chairman/CEO Lisa Roskens.

Name

Burlington Capital

Legal name

Burlington Capital LLC

Website

https://burlingtoncapital.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

Burlington Capital is a privately held, family-controlled alternative investment management firm founded in 1984 in Omaha, Nebraska, managing $4B+ in real estate across 10,000+ apartment units, plus agricultural services, venture capital, and business transitions advisory for institutional, government, and accredited investors.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Other Financial Vehicles (52599)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)

akta.pro primary industry

Real Estate (Commercial Property, REITs) (FSABACAH)

akta.pro secondary industries

Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Alternative investment management
• Multifamily real estate
• Property management services
• Agricultural development programs
• Business transitions advisory

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Real Estate Investment Management: Burlington Capital sponsors public and private investment programs including REITs and limited partnerships. Revenue is generated through fund management fees, property management fees, and carried interest from successful fund performance.
2. Property Management: Full-service property management company overseeing both internal and third-party assets. Generates revenue through management fees on approximately 10,000+ apartment units.
3. Agricultural Services - Cantera Partners: Implements USDA Food for Progress and USAID Food for Peace programs through monetization of U.S. agricultural commodities. Revenue from advisory fees and program management.
4. Business Transitions Advisory: Guides established businesses through transitions including growth, strategic shifts, international expansion, or succession planning. Revenue from advisory and consulting fees.
5. Proven Ventures - Venture Capital: Debt-equity financing for proven, scalable companies. Generates returns through equity stakes and revenue sharing arrangements with portfolio companies.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Burlington Capital is an alternative investment management firm that sponsors public and private investment programs (REITs and limited partnerships), manages multifamily real estate portfolios of approximately 10,000 apartment units, and provides property management, development, owner's representation, and affordable housing (LIHTC) services. The firm also implements USDA/USAID food aid monetization programs through Cantera Partners and offers business transitions advisory and venture capital (Proven Ventures) to operating companies.

Product overview

Burlington Capital is a diversified investment management firm operating a multi-platform business offering. The company provides real estate investment products (REITs including Multifamily Income Trust and Multifamily Access Fund, plus Fund VI), property management services, and development/owner's representation. Its agricultural platform includes Cantera Partners, Agribusiness Partners International (API), Burlington Capital Ag-Venture, and Farm Management Services. The company also offers business transition consulting through BCBT and venture capital via Proven Ventures, complemented by its philanthropic arm, the Burlington Capital Foundation.

Differentiator

Problem solved

Functional benefit

Brands

• Fund VI: Value-add multifamily real estate fund investing in Class B and C properties in secondary markets
• Cantera Partners
• Proven Ventures
• Business Transitions
• Burlington Capital Foundation

Products and services

• Burlington Capital Multifamily Income Trust
• Burlington Capital Multifamily Access Fund
• Fund VI
• Proven Ventures
• Property Management Services
• Development & Owner's Representation
• Affordable Housing Solutions (LIHTC)
• Cantera Partners (Food Aid Programs)
• Burlington Capital Business Transitions (BCBT)

Quantifiable outcome

• Fund VI delivered total returns of 146% of initial capital investment
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered flagship, core and minor.

• G Capital / Al-Bushra Infrastructure Development FundflagshipStrategic or Co-development Partner · 14 May 2025Burlington Capital joined the Al-Bushra Infrastructure Development Fund as a strategic partner, developing more than 734,000 square meters of land in the Al-Aziziyah district of Makkah, Saudi Arabia. The fund is privately managed and closed-ended, supporting urban growth and regional economic diversification.
• OEDC - Omaha Economic Development CorporationcoreStrategic or Co-development Partner · 1 January 2024Burlington Capital partnered with OEDC to secure $90 million in state grant funding for the North Omaha Business Park project. The partnership focuses on creating shovel-ready sites for job creation and economic growth in North Omaha.
• Omaha Inland Port AuthoritycoreStrategic or Co-development PartnerCollaboration with Omaha Inland Port Authority to develop the Airport Business Park near Eppley Airfield in North Omaha.
• Greater Omaha ChamberminorStrategic or Co-development PartnerPartnership with Greater Omaha Chamber as part of the team shaping the future of the Airport Business Park in North Omaha.
• Sower Investment PartnerscoreStrategic or Co-development PartnerPartnership for development of The Arthur, a 329-unit apartment community in Omaha's Dundee neighborhood.
• Access Commercial, LLCcoreStrategic or Co-development PartnerPartnership for development of The Arthur, a 329-unit apartment community in Omaha's Dundee neighborhood.
• Grit Road PartnersminorStrategic or Co-development PartnerManagement of Burlington Capital Ag-Venture fund was transferred to Grit Road Partners (led by Michael Jung and the Fund's Management team) in 2023 to maintain focus on ag-tech investments.
• Graham David Bell of Bridge PartnersminorStrategic or Co-development PartnerStrategic partnership facilitated by Graham David Bell of Bridge Partners, instrumental in identifying the Al-Bushra Infrastructure Development Fund opportunity in Saudi Arabia.
• Dr. Abdulaziz Sager / Sager Group HoldingflagshipStrategic or Co-development PartnerPartnership with Dr. Abdulaziz Sager, President of Sager Group Holding and Chairman and Founder of the Gulf Research Center, for the Al-Bushra Infrastructure Development Fund.
• Nebraska Secretary of StateminorStrategic or Co-development PartnerBen Kalhorn attended the Nebraska Secretary of State Trade Mission to Kenya in early 2024, joined by local business leaders and educators from UNL.
• Bahamas Embassy / Niche Consulting FirmminorStrategic or Co-development PartnerGeorge Achola and Patrick Alston met with Bahamian Ambassador to the United States and Deputy Chief of Mission to explore collaborative ventures between Nebraska-based companies and The Bahamas.
• Catholic Relief ServicescoreStrategic or Co-development PartnerCantera Partners worked with Catholic Relief Services to analyze the impact of U.S. wheat shipments and implement food aid programs in developing countries.
• Aga Khan FoundationcoreStrategic or Co-development PartnerPartnership with Aga Khan Foundation to develop a program for reconstituting milk powder into UHT milk packets for distribution to school children and families in Afghanistan.

Scale indicators10 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• Greystar Real Estate Partners: Largest U.S. apartment property management firm and active multifamily investment manager. Closely comparable to Burlington Capital Properties' 10,000+ unit third-party management platform and Fund VI value-add strategy.
• Heitman: Independent real estate investment manager with multifamily, debt, and value-add strategies. Similar mid-sized profile and institutional fundraising model to Burlington Capital's real estate platform.
• Nuveen (TIAA): Large alternative investment manager with a substantial real estate platform including multifamily, REITs, and alternatives funds. Comparable to Burlington as a multi-strategy alternatives manager raising capital from institutional and retail channels.
• Mid-America Apartment Communities: Large multifamily REIT that acquired Burlington Capital's earlier AF REIT vehicle in 1995. Directly comparable as a multifamily-focused REIT with similar geography and tenant base in U.S. secondary markets.
• Harrison Street: Alternative real estate investment manager specializing in niche real estate sectors including multifamily, student housing, and development. Comparable as a focused alternative manager raising dedicated funds.
• AEW Capital Management: Real estate investment manager with core, value-add, and debt strategies across U.S. and global markets. Closely analogous to Burlington's fund management and direct property investment model.

Broad incumbents

• AvalonBay Communities: Major publicly traded multifamily REIT. Comparable product (apartments/REIT structure) but at much greater scale and with a focus on high-barrier coastal markets rather than secondary Midwest cities.
• Equity Residential: One of the largest U.S. multifamily REITs. Overlaps with Burlington's multifamily investment focus but operates at significantly larger scale and in primary coastal markets.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm. Overlaps with Burlington's property management, development advisory, and capital raising capabilities but as part of a much broader services portfolio.
• Manulife Investment Management (Real Estate): Global real estate and alternatives investment manager; former Burlington joint venture partner in Manulife Farmland Services Company. Comparable institutional real estate investment model with broader international footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/burlingtoncapital
• LinkedInlinkedin.com/company/brookshires
• Instagraminstagram.com/burlingtoncapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Burlington Capital