What does Bridge investment Group do?
Bridge Investment Group LLC operates as a real estate investment and property management firm. The Company invests in multifamily, affordable housing, seniors housing, and medical properties, as well as offers office and debt strategies.
Where is Bridge investment Group located?
West New York City
Bridge Investment Group Contact Information
| Address: | 280 Park Avenue 28th Floor West New York City, NY 10017 |
|---|---|
| Postal: | 10017 |
| Region: | North America |
| Country: | United States |
| Phone: | 646-453-7100 |
How many employees does Bridge investment Group have?
We are a globally trusted real estate investment firm committed to driving value to our investors, tenants, residents, and communities. *Plus approximately 2,550 professionals employed through a professional employment organization at sites managed by Bridge Senior Living.
What is Bridge investment?
Bridge financing, in investment banking terms, is a method of financing used by companies before their IPO. Once the IPO is complete, the cash raised from the offering immediately pays off the loan liability. These funds are usually supplied by the investment bank underwriting the new issue.
Who owns Bridge Investment?
The company’s largest shareholder is Burgundy Asset Management Ltd., with ownership of 9.4%. In comparison, the second and third largest shareholders hold about 6.0% and 5.8% of the stock. In addition, we found that Jonathan Slager, the CEO has 0.7% of the shares allocated to their name.
Who is Bridger Pennington?
Bridger Pennington is the founder of 3 funds focused in debt and real estate which have raised and deployed millions of dollars. On the side, he runs Investment Fund Secrets to help others start their own funds in a world where people believe you need Ivy League credentials or Wall Street experience to break into.
Who owns Bridge Senior Living?
Robb Chapin
Bridge already is proving itself to be a top-tier operator and is being rewarded by the market, with move-ins now largely at pre-Covid levels across the entire portfolio, Robb Chapin, partner and CEO of Bridge Seniors Housing & Medical Properties, told SHN.
When was Bridge Investment Group founded?
1991
Our founders began investing in multifamily real estate in 1991.
What is investment group?
What is an investment club? An investment club is generally a group of people who pool their money to invest together. Club members generally study different investments and then make investment decisions together—for example, the group might buy or sell based on a member vote.
How long does it take to get a bridge loan?
On an owner-occupied hard money bridge loan, the approval and funding process should take 2-3 weeks. The same type of loan from a bank may take 30-45 days or longer. A bridge loan on investment property, can be approved and funded by a hard money bridge loan lender within 5 days if needed.
Is Bridge Investment Group publicly traded?
(“Bridge”) today announced the pricing of its initial public offering of 18,750,000 shares of its Class A common stock at a public offering price of $16.00 per share. The shares of Class A common stock are expected to begin trading on the New York Stock Exchange under the ticker symbol “BRDG” on July 16, 2021.
What does an investment fund do?
An investment fund provides a broader selection of investment opportunities, greater management expertise, and lower investment fees than investors might be able to obtain on their own. Types of investment funds include mutual funds, exchange-traded funds, money market funds, and hedge funds.