Bridge has targeted development and re-development projects with high-quality development partners in qualified Opportunity Zones throughout the country. “Our team has deployed capital in 26 assets in 17 markets across the US,” said David Coelho, Chief Investment Officer for the Bridge Opportunity Zones strategy. Mr. Coelho further explained that “Bridge is focused on primarily multi-family, transit-oriented developments as an avenue to revitalize underserved communities by investing in building sustainable neighborhoods.”
Over the last decade, Bridge has invested more than $20 billion of capital across its Multifamily, Office, Seniors Living and Fixed Income verticals. Given that all Opportunity Zones are not created equal, Bridge is leveraging its national footprint and local market knowledge to focus on Qualified Opportunity Zones at an inflection point or located inside of or within close proximity to high-growth markets in the United States.
“We strongly believe that our operational capabilities closely align with not only the letter of the Opportunity Zone mandate, but also the spirit of it. Our market and asset knowledge, development and operational experience and capabilities allow us to be a leader with the Opportunity Zone Space” said Bob Morse, Chairman of Bridge Investment Group. Mr. Morse also stated that “Bridge continues to see tremendous opportunity in these development projects which are expected to provide meaningful impact on the areas in which capital is invested.”
About Bridge Investment Group
Bridge Investment Group is a privately-held real estate investment management firm with $20+ billion in assets under management. Bridge combines its 4,000+ person, nationwide operating platform with specialized teams of investment professionals focused on select U.S. real estate verticals, which Bridge believes offer above-market opportunity: multifamily, office, seniors housing, affordable housing, opportunity zones, and debt strategies. For more information, visit https://www.bridgeig.com/.