The Bridge Agency Mortgage-Backed Securities, Debt Strategies, and Net Lease platforms seek to create high and sustainable current income while carefully managing risk. We execute with a deep knowledge of our markets coupled with a detailed, on-the-ground due diligence process.
ASSESSING RISK WITH AN OWNER’S MENTALITY
Bridge invests in real estate-backed credit and industrial net-leased real estate occupied by high-quality credit tenants, targeting attractive current income with carefully-managed risk. We bring an “owner’s mentality” to our efforts and always seek to inspect what we expect.
Bridge Debt Strategies specializes in two primary areas: Freddie Mac K-Series B-pieces, and first mortgage lending on transitional opportunities.
We have been the #1 purchaser of K-Series B-Pieces in three of the past four years. Furthermore, we generally acquire these securities through a direct placement process and not an auction. Freddie Mac is the largest U.S. multifamily lender, with highly conservative underwriting standards and has an exemplary track record in multifamily lending.
The Bridge Debt Strategies management team brings over 75 years of collective experience and has worked together for a decade. Our on-the-ground real estate expertise provides us with differentiated capabilities to assess the quality and risk of underlying collateral, as well as the ability to step in and manage any collateral in distress.
Bridge Agency MBS invests in residential mortgage-backed securities (“Agency MBS”) guaranteed by U.S. Government Sponsored Enterprises (“GSE”), in a proprietary structure designed to mitigate market dislocations and preserve principal. The GSE guarantee of principal and interest mitigates underlying borrower credit risk in the Agency MBS market. Bridge has a longstanding relationship with the GSEs.
The Bridge Agency MBS team has over 40 years of collective experience in the mortgage-backed securities industry. The team previously worked together at Fannie Mae and were instrumental in the design of the reperforming loan program.
The Bridge Net Lease Team invests in mission critical industrial, manufacturing, logistics and other critical business infrastructure real estate located in prime growth and logistically connected markets leased to high-quality credit tenants. Our specialized net lease investment team has decades of sector expertise and deep marketplace relationships to identify attractive opportunities designed to generate stable high yielding income and long term real estate appreciation.
Our strategy targets attractively priced, mission-critical industrial net-leased real estate occupied by high-quality credit tenants, scaled for diversification, and durable income in prime growth U.S. markets. Building on Bridge’s deep industry and multi-cycle expertise as a seasoned real estate owner and operator, Bridge Net Lease seeks specialized opportunities in high-quality net leased industrial assets that it believes have favorable risk/reward metrics located in the next centers of impact.