Bridge Investment Group Holdings LLC - Company Research Report

Company Overview

• Name: Bridge Investment Group Holdings LLC

• Mission: No information is available.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Robert Morse, Executive Chairman

• Jonathan Slager, Chief Executive Officer & Co-Chief Investment Officer, Bridge Multifamily

• Dean Allara, Vice Chairman

• Headquarters: 111 East Sego Lily Drive, Suite 400, Salt Lake City, UT 84070

• Number of Employees: As of September 30, 2024, there are approximately 2,200 employees and approximately 2,800 professionals employed through a professional employment organization at sites managed by Bridge Senior Living.

• Revenue: No specific revenue information is available. The company manages assets worth $49.2 billion as of September 30, 2024.

• Known For: Bridge is a leading alternative investment manager, diversified across specialized asset classes, with a strong focus on real estate, credit, renewable energy, and secondaries strategies.

Products

Real Estate Investments

1. Multifamily & Workforce and Affordable Housing (WFAH)

• Description: Bridge invests in multifamily and affordable housing communities where more than 51% of the units are occupied by families earning less than 80% of the area's median income.

• Features: Focus on community revitalization, social & community programs, including enhancements such as health facilities, business centers, various recreational areas, and community events.

2. Single-Family Rentals

• Description: Targeting millennials and families, Bridge invests in infill neighborhoods in prime-growth markets.

• Features: Offers flexible layouts that cater to families, aiming at maximizing cost efficiency.

3. Seniors Housing

• Description: Among the largest owners of seniors housing units in the US.

• Features: Emphasizes refurbishment, renovation, and enhanced services and amenities.

Credit Investments

• Bridge Debt Strategies:

• Description: Focused on Freddie Mac K-Series B-pieces and first mortgage lending on transitional opportunities.

• Features: Utilizes a detailed due diligence process in real estate-backed credit investments.

Renewable Energy

• Bridge Renewable Energy

• Description: Focuses on building and operating renewable energy infrastructure on existing commercial properties.

• Features: Aims to install solar arrays, EV charging stations, and battery storage systems, creating a significant supply of renewable energy.

Other Products

• Secondary Market Strategies: Acquired Newbury Partners to manage secondary market transactions.

• Logistics Properties: Investment in logistics infrastructure with a focus on adaptive and efficient supply chain logistics.

• Industrial Net Lease: Focus on industrial, manufacturing, and logistics properties occupied by high-credit tenants.

Recent Developments

• New Products and Strategies:

• Acquisition of Newbury Partners, specializing in the private equity secondary market.

• Launched a Renewable Energy strategy.

• Partnerships:

• Agreement with Ethos Real Estate to preserve affordable housing in Santa Ana.

• Partnership with iCapital® for enhanced alternative investment performance reporting.

• New Features/Enhancements:

• Expanded RE investment offerings with senior housing refurbishment and single-family rental strategies.

• Emphasis on ESG integration and sustainable investment practices across products and strategies.

• Awards & Recognition:

• Awarded the 2022 United Nations Principles for Responsible Investment, Real-World Impact of the Year for their Workforce and Affordable Housing Strategy.

• Bridge Workforce and Affordable Housing Fund recognized in multiple investment award categories.

This detailed report highlights the core aspects and strategic focus of Bridge Investment Group Holdings LLC, emphasizing their diversified investment strategies and recent advancements in the financial and real estate sectors.