Jonathan SlagerChief Investment Officer
Mr. Slager has 31 years of experience in the real estate, finance, and software industries. Mr. Slager has been involved in underwriting, acquiring and managing over $3.5 Billion in assets including all ROC fund assets, and has been a key driver of asset executions and returns. From 2005 to 2009 Mr. Slager worked with The Pacific Group USA, Inc., and with Bridge Loan Capital Fund, along with Messrs. Hartman, Pennington, and Hutchinson. He was responsible for major acquisitions, development, and entitlements and financing of major real estate projects. Mr. Slager worked for nearly a decade at The Koll Company and then Wells Fargo Bank where he was responsible for the acquisition, development, asset management and disposition of commercial real estate assets. Mr. Slager played the leading role on large institutional commercial real estate projects ranging from resort, residential, office, industrial and retail projects. Mr. Slager earned his MBA in Finance and Marketing from New York University in 1985. He earned his BA in English, Phi Beta Kappa cum laude, from the University of Utah in 1981.
Danuel StangerVice Chairman
Danuel Stanger serves as Vice Chairman of Bridge Investment Group and Chief Investment Officer of Bridge Multifamily Fund Manager LLC. Mr. Stanger has 28 years of experience in every phase of the real estate investment process including finding, analyzing, acquiring, financing, developing, managing, improving and selling properties. He has been directly responsible for investing in over US$1 billion dollars in real estate assets including investments in multi and single family residential properties, commercial offices, resort golf properties, hotel, and retail properties. This track record includes double-digit returns even in difficult time periods. Since the inception of Bridge Investment Group, Mr. Stanger has focused his full-time efforts on the remarkable acquisitions available to Bridge that presented themselves as a result of the global financial crisis. He has been the primary driver of acquisitions, management, and disposition of all Bridge investments. Mr. Stanger was CEO of Bridge Founders Group, LLC (a Bridge Investment Group affiliate) until March 2009. He was involved in all phases of developments and investments since inception; approved all commitments, and was responsible for day-to-day management of investment activities. In particular, he was responsible for market and individual investment analysis, transaction structuring and planning, development and joint venture equity partner relationships. Mr. Stanger began his real estate career in 1988, on the heels of a banking career with Prudential Federal and American Savings, directing credit restructuring, workouts, management and disposition of all commercial investment real estate and corporate lending foreclosures at American Savings from 1985 through 1988. Mr. Stanger left Prudential Federal and American Savings in 1988 to found Strategic Management and Consulting, which focused on property management and the resolution of distressed commercial properties including retail, office warehouse, medical office, hospitality and residential real estate. Mr. Stanger merged this company into Prowswood Companies in 1990, where he became Vice-President and Managing Director of the Equity Investment Division. He left Prowswood in 1997 to form CDS Investments, Inc. the predecessor company to Bridge Founders Group, LLC. Mr. Stanger has been a member of many community organizations and served on the Board of Neighborhood Housing Services, and as a Founding Member of the Utah Community Reinvestment Corporation, an organization established by the banking community to invest funds in residential and commercial communities. Mr. Stanger is a Certified Commercial Investment Member (CCIM), was the chair of the Utah Association of Realtors Governmental Affairs Committee, and served on the National Committee for CCIM.
Russ Minnick serves as President and Principal of Bridge Property Management LLC (BPM). Mr. Minnick's multifamily and commercial office acquisitions, dispositions, property management, leasing and construction experience spans 32 years. Minnick founded the Bridge construction, property and asset management division in 2000. He has primary responsibility for overseeing Bridge's acquisitions, negotiations, underwriting, due diligence, and disposition activities. Minnick was previously employed by Prowswood Companies (Salt Lake City’s leading commercial investment development and management firm) from 1979 with increasing responsibilities in construction, development, asset and property management. In 1997, Mr. Minnick joined Boston Financial with responsibility for its western United States multifamily portfolio, which exceeded 20,000 units. Minnick also spent four years as Chief Operating Officer for Mount Olympus Builders from 1993 – 1997, a construction/ landscape company specializing in property rehabilitation, commercial office tenant improvements and low-income housing construction. He was a past president of the Utah Apartment Association, past Board of Directors member of the Homebuilder Association of Greater Salt Lake, past member of the national Young Presidents Organization and has earned the CCIM certification.
Richard W. StaynerChief Executive Officer
Richard W. Stayner
As CEO of Bridge Property Management LLC, Richard Stayner oversees all property management processes, personnel, and operations on a day-to-day basis along with reporting procedures for institutional clients, joint venture partners, lenders, governmental entities and housing authorities. Mr. Stayner has over 25 years of extensive multi-family property management experience including both large-scale conventional and affordable housing apartment projects along with condominium properties with Prowswood Companies, Boston Financial, and Lend-Lease. Mr. Stayner has been instrumental in the underwriting and due diligence process of Bridge's portfolio, in addition to being responsible for the on-site, value add improvements that have allowed Bridge to extract significant value from properties and to deliver strong returns to investors. As a principal with Lend-Lease Real Estate Investments division, Mr. Stayner had responsibility for its multifamily apartment assets in 11 western U.S. states along with asset acquisitions, and market and operational analysis. He also developed Lend-Lease’s operational procedures for their management of the U.S. military housing privatization project. Mr. Stayner has a Certified Property Management designation and is a past board member of the Salt Lake Apartment Association as well as a past president of the Utah Chapter of the Institute of Real Estate Management.
Rick AndrusManaging Director of Dispositions
Rick Andrus serves as Managing Director of Dispositions for Bridge Multifamily Fund Manager LLC. He has 25 years of experience in acquisitions, dispositions and asset management of real estate assets. Andrus joined Bridge in 2001. Prior to his role as Managing Director of Dispositions, Mr. Andrus served as a Portfolio Manager, where he was responsible for overseeing numerous multifamily properties across 4 states including major rehabilitation projects, and as a Director of Acquisitions and Dispositions, where he underwrote and analyzed numerous multifamily and office building acquisition opportunities. Prior to joining Bridge, Mr. Andrus served as Vice-President for Cal America Savings where he led the commercial loan resolution group responsible for the restructuring and work-out of their non-performing loan portfolio. Previously he was a Senior Vice-President of Fi-tech Financial, a Bay Area Mortgage Company, where he created and ran the day-to-day operations of the commercial & multifamily lending division. Andrus began his real estate career in 1980 with Equitec Financial Group, a San Francisco Bay Area Syndicator, where he worked in real estate acquisitions and eventually directed the firm’s lending group.
Colin AppleManaging Director of Acquisitions
Colin Apple serves as Managing Director of Acquisitions for Bridge Multifamily Fund Manager LLC. Prior to Bridge, Mr. Apple worked as a Vice President in the Real Estate Investment Group at Starr Insurance Holdings in NYC underwriting both direct and fund real estate investment opportunities in the United States, Europe, South America, and Asia. While at Starr, he invested in over $1 billion of direct real estate investments around the globe and multiple real estate fund strategies including multifamily housing, emerging market development, and distressed debt. Prior to Starr, Mr. Apple worked as an Analyst and Underwriter for the Commercial Mortgage Backed Securities Group at Wells Fargo Bank. Mr. Apple received a bachelor’s degree in Economics from Middlebury College. He is a CFA charter holder and a member of the CFA Institute, the New York Society of Security Analysts, and is the Treasurer of the CFA Society of Salt Lake.