Bridge enters senior housing and medical sectors
Bridge Investment Group Partners has started to market a $350 million fund — ROC Seniors Housing & Medical Properties Fund — according to a filing with SEC. The firm aims to hold first close by the end of the year. The senior housing fund is Bridge Investment’s third fund and its first outside the multifamily and office sectors. It follows the $595 million close of Real Estate Opportunity Capital Fund II in October. The fund was the second in a series of funds focused on opportunities in the U.S. value-added multifamily and commercial office sectors.