Business Aviation Group (BA Group)

Business Aviation Group, LLC, known as BA Group, calls itself an end-to-end aviation real estate development, marketing and consulting company. It is based at 9085 E. Mineral Circle in Centennial, Colorado, with employees and affiliates in 16 states, and serves airports, FBOs, MROs, flight departments, developers, investors and banks. Its partners include Iver Retrum, CEO and principal broker; Jessica Ballou, CRE, chief operating officer and manager of consulting services; and Barry Sherman, a licensed architect who manages development services.

BA Group Consulting provides general aviation development and feasibility studies for hangars, FBOs and MRO or cargo facilities, aviation real estate valuation with appraisals completed by National Valuation Consultants, airport ground rent and hangar rent studies, FBO operational audits and M&A support for aviation businesses. Its brokerage arm, BA Group Advisors, buys, sells and leases hangars, FBOs and airport-related office space and reports more than $130 million in aviation real estate transactions.

Development work covers hangars and FBO terminals, with projects at Northern Colorado Regional, Yampa Valley Regional and Rocky Mountain Metropolitan airports, and a hangar development plan for Rifle Airport. BA Group also owns Aviation Property Network, an online listing and regional specialist network formerly known as Hangar Network. The firm does not publish consulting fees.