Bridge Investment Group buys Boston-area workforce and affordable housing portfolio
A fund managed by Bridge Multifamily Fund Manager, an affiliate of Bridge Investment Group Holdings, has closed on the acquisition of a six-property portfolio of workforce and affordable housing properties in the Greater Boston area, with a total of 1,722 residential units.
“The acquisition expands our workforce and affordable housing geography into another attractive major market,” said Rachel Diller, CIO for Bridge’s workforce and affordable housing strategy. “The portfolio consists of well-located assets within four high-barrier-to-entry counties in the Greater Boston area, offering convenient access to major transportation arteries. Our commitment to preserving and rehabilitating housing for America’s workforce remains strong. We will provide social and community programming that focuses on the education, health and financial wellness of our residents. We aim to create vibrant, thriving communities that are more than just ‘four walls and a roof’ and look for