BridgeInvest, a Miami-based alternative investment manager specializing in commercial real estate credit, has held a final close of its BridgeInvest Specialty Credit Fund IV, raising more than $670 million in equity, according to media outlets.
BridgeInvest Specialty Credit Fund IV (Fund IV) and its parallel investment vehicles aim to target multifamily, industrial, hospitality and retail sectors in the $25 million to $150 million range.
BridgeInvest plans to close up to $1.2 billion in transactions during the next 24 months across its various lending programs.
