Bridge Investment Group and its subsidiaries Bridge Multifamily Fund Manager, Bridge Debt Strategies Fund Manager, and Bridge Development Fund Manager have raised and plan to deploy $4.5 billion of equity over the next three years.
Bridge raised $3.7 billion of new capital in 2019 and deployed more than $2 billion of equity during the year across its six specialized investment verticals. This brings Bridge to a total of $20.1 billion of assets under management as of December 2019.
Bridge’s multifamily strategy focuses on investing in value-add multifamily housing properties in MSAs with strong macroeconomic prospects. Bridge plans to deploy $1.6 billion of equity to acquire or develop over $4.0 billion of assets in the multifamily space over the next two years.
“Bridge has seen strong demand from the ‘triple play’ of opportunity: millennials, seniors and immigrants,” said Jonathan Slager, chief investment officer for the Bridge Multifamily Strategy and