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Alternative Investment Firm Transfers $550M of Multifamily Assets to New Fund

The firm recapitalized the portfolio from an existing multifamily vehicle into its first continuation fund. Bridge Investment Group's Bridge Multifamily Fund III has transferred assets to a continuation fund.
Jonathan Slager Forge Development Investment Group Bridge Multifamily Fund Forge Development Partners Bridge Multifamilyv Fund Affordable Housing Fund

Bridge Investment Group Raises $1.74 Billion in Equity for Workforce and Affordable Housing Fund to Serve Missing Middle Market

SALT LAKE CITY, UT - Bridge Investment Group Holdings announced the completed fundraising for Bridge Workforce and Affordable Housing Fund II, raising $1.74 billion in equity commitments, ahead of its $1.50 billion target. BWAF II is dedicated to building, preserving, and rehabilitating predominantly non-government subsidized housing wherein at least 51% of residents earn below 80% of area median income (“AMI”), meeting the needs of the large and priced-out “missing...
United States Robert Morse Rachel Diller Bridge Investment Group Holdings Affordable Housing Fund Bridge Community Enhancement Initiative

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