David E. Svikhart, serves as Managing Director/Multifamily Asset Management for Bridge Investment Group. He has 35 years of experience in commercial real estate acquisitions/dispositions and asset management. Mr. Svikhart re-joined Bridge in October 2014 after previously working as Director of Acquisitions/Dispositions from 1997 – 2004.
Mr. Svikhart began his career at the $3.20 billion American Savings and Loan, Salt Lake City, UT, serving as Senior Vice President/Real Estate Owned (REO), directing the management and sale of American’s $150 million REO portfolio. Mr. Svikhart subsequently joined Fairbanks Capital Corporation, a private equity firm based in Park City, UT, that invested in non-performing single family loan pools.
Mr. Svikhart directed all acquisition, asset management and disposition activities at Fairbanks and increased the firm’s holdings from $35 million to over $150 million in less than three years. At Bridge, Mr. Svikhart helped expand Bridge’s apartment portfolio from $50 million to over $450 million in seven years.
After establishing an independent consulting firm specializing in the acquisition/disposition of value-add CRE, Mr. Svikhart was engaged as an Advisor by Sperry Van Ness, a national commercial brokerage firm, where he specialized in listing and selling value-add multifamily properties.
Mr. Svikhart is a licensed real estate broker (inactive) in the State of Utah. Mr. Svikhart is a published author and holds a Bachelor of Science degree in City Planning from Miami University in Oxford, OH.