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The firm operates as a vertically integrated real estate investment manager. Below is a table of relevant capitalization and valuation figures for the company: As a reference, a potential partial and much larger public comparable to Bridge would be Brookfield Asset Management (BAM); below is a comparison of their primary valuation metrics: Bridge is seeking public capital market investment to redeem underlying operating company units, with little left over for future growth plans. Prosek Partners The Company will host a conference call on February 14, 2023 at 8:30 a.m. I have no business relationship with any company whose stock is mentioned in this article. As CEO, Mr. Sodo oversees the business activities of the vertical, including real estate investment decisions, banking relationships, capital origination, investor relations, and executive oversight of the vertical. In 2020, Bridge sponsored the first iteration of our Bridge CARES: COVID-19 Relief Fund, provided college scholarships to 12 Bridge Scholars as part of the Bridge to Education program, bolstered the spirit of the Opportunity Zone legislation by sponsoring 38 foster youth at our Archer Avenue project in Queens, distributed 1,500 pairs of athletic shoes to disadvantaged elementary school students as part of the Bridge Boots on the Ground program and supported 7,200 homeless youth with essential supplies via our We Got Your Back initiative. Net Income was $18.2 million and $272.4 million for the quarter and year ended December 31, 2022, respectively. We believe that the vertical will continue to outperform as e-commerce and supply chain growth fuel tailwinds, intensifying the need for high quality and well-located mission critical facilities in logistically connected corridors.. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. As Co-CIO, Mr. Flickinger oversees the sourcing, negotiating and structuring of investments throughout the U.S. In addition, he makes $1,305,863 as Exec. TIGER 21 Chairs have achieved the kind of success most people can only imagine. This earnings release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. Mr. Freeman has over 10 years of commercial real estate experience and has been involved in the acquisition, management and disposition of more than $1 billion in commercial real estate assets. Renewals and new leases in the fourth quarter surpassing that of the fourth quarter of 2019, and the number of leases signed in 2020 exceeded 2019. GBC is a privately held, vertically integrated investment management firm focused on investing in the single-family home rental ("SFR") industry. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of the Company or any investment fund managed by the Company or its affiliates. I wrote this article myself, and it expresses my own opinions. This is the Bridge Investment Group company profile. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: multifamily, affordable housing, seniors housing . Bridge Investment Group is a privately-held real estate investment management firm with $25.0+ billion in assets under management. *Total 4,200 employees include employees of professional employer organizations at sites managed by Bridge Senior Living LLC. Bridge believes it is the leading Opportunity Zone Fund manager. Bridge reported strong results for the third quarter. In 2020, Bridge raised $2.3 billion of new equity capital and deployed nearly $3 billion into new assets across its six specialized investment verticals, with further plans to deploy approximately $11 billion over the next three years. Mr. Morse served as Chief Executive Officer of Citigroups Asia Institutional Clients Group from April 2004 to October 2008, where he provided direct management oversight of Citigroups $5 billion of proprietary capital. Mr Morse owns over 20,000 units of Bridge Investment stock worth over $1,009,649 and over the last 10 years he sold BRDG stock worth over $0. Bridge Investment Group Holdings Inc. (NYSE: BRDG) (Bridge or the Company) today reported its financial results for the fourth quarter and year ended December 31, 2022. Chairman of Bridge Investment, the total compensation of Mr Morse at Bridge Investment is $1,305,863. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease, real estate-backed credit, renewable energy and proptech. Looking for more investing ideas like this one? Their collective experience is vital to our success as we move into the increasingly important industrial net lease vertical., About the Bridge Industrial Net Lease team. An audio replay of the conference call will be available approximately three hours after the conference call until 11:59 p.m. Mike Sodo, CEO of Bridge Industrial Net Lease Fund Manager LLC (the Fund Manager) is a co-founder of the vertical and member of the Investment Committee (the Investment Committee) of the general partner of the fund (the General Partner), with over 20 years of experience in the real estate, finance and accounting industries. Steady job growth, lack of new supply and aging existing inventory have created opportunities to acquire quality office assets at significant discounts to replacement costs. Bridge has equity and debt investments in multifamily, office, workforce housing, senior housing, logistics and other investment classes. Chairman of Bridge Investment since . Data delayed On the strategy launch, Robert Morse, Executive Chairman of Bridge, said: Bridge sees key market opportunity in the industrial real estate sector. 51 Ratings. . mesurer votre utilisation de nos sites et applications. Terms of Use. PD=Previous Day. ET on February 28, 2023 and can be accessed by dialing 1-877-660-6853 (domestic) or 1-201-612-7415 (international), and providing the passcode 13736320. Bridge Office Fund Manager LLC (Bridge Office) targets value-add commercial office assets in US prime suburban submarkets. We see continued opportunity in many markets and many verticals as we head into 2021.. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties that are difficult to predict and beyond our control. SALT LAKE CITY, Utah--(BUSINESS WIRE)-- Bridge Investment Group Holdings Inc ( NYSE: BRDG) Q4 2022 Results Conference Call February 14, 2023 8:30 AM ET Company Participants Bonni Rosen - Head of Shareholder Relations Katherine. QuoteMedia. Free cash flow for the twelve months ended March 31, 2021, was $129 million. Bridge Debt Strategies Fund Manager LLC (Bridge Debt Strategies) employs an all-weather, income-focused strategy to create a diversified portfolio, focusing on a mix of first mortgage floating-rate loans, and Freddie Mac K-Series subordinated tranches. Last updated: 4 January 2023 at 4:00pm EST. Robert Morse, Executive Chairman at Bridge said, Both market conditions and operating challenges were unprecedented in the face of the COVID pandemic, and Bridge navigated through difficult conditions well. He is also on the board of Amkor Technology, Inc. Robert Morse has served as Chairman of Bridge and Executive Chairman of Bridge Multifamily Fund Manager since January 2012. The most active insiders traders include Chad A Leat, Robert Randolph Morse, and Deborah C Hopkins . ET to discuss its fourth quarter and full year 2022 results. 15 minutes unless otherwise indicated (view Banyan Investment Group is a growing leader in the Hotel Investment and Management industry. View source version on businesswire.com: https://www.businesswire.com/news/home/20230214005295/en/, Shareholder Relations: Brad Andrus. QuoteMedia. All content is posted anonymously by employees working at Bridge Investment Group. 646-844-0901 charlotte.morse@bridgeig.com, Jonathan Keehner / Kara Brickman / Erik Carlson He has over 30 years of experience in investment banking, commercial banking, and private equity fund management. Due to its forward integration, Bridge was able to connect with residents and tenants directly in the COVID-19 pandemic environment to assist as they navigated through the challenges it posed. The most active insiders traders include Chad A Leat, Robert Randolph Morse, and Deborah C Hopkins. Robert Morse, Bridge's Executive Chairman, remarked "Bridge delivered another quarter of strong results with fundraising inflows of $1.3 billion, driven by continued demand for our flagship . The firm operates as a vertically integrated real estate investment manager in the U.S. BRDG has performed well during the pandemic and appears positioned to benefit as the U.S. exits the pandemic period, so the IPO is worth consideration. Bridge is a privately-held real estate investment management firm with $25+ billion in assets under management as of December 31, 2020. The transaction is expected to close in the first half of 2023 and is subject to customary closing conditions, including regulatory and investor approvals. Effective as of today, this team will be led by Chief Executive Officer (CEO), Mike Sodo; Co-Chief Investment Officer (Co-CIO), Matt Tucker; and Co-CIO, Brandon Flickinger. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. James Chung, Chair of the Bridge Diversity, Equality and Inclusion Committee, explained that at Bridge, we believe that diversity, equity and inclusion are critical to improving our company performance, and we are embracing DE&I through empowerment groups, training, recruiting, and succession planning. Robert Morse - Executive Chairman - Bridge Investment Group | LinkedIn Robert Morse Executive Chairman: Bridge Investment Group Wilson, Wyoming, United States 1K followers 500+ connections. Get them exclusively at IPO Edge. Below is a brief overview video of Bridge: Below is a map of the firm's asset types and coverage: Bridge has received at least $215 million in equity investment from investors including Robert Morse, Bridge Founders Group and Jonathan Slager. Managements presentation of the company roadshow is available here. Mr has made over 2 trades of the Bridge Investment stock since 2015, according to the Form 4 filled with the SEC. For investors with an interest in exposure to a range of real estate assets in the U.S., who are bullish on the exit from the pandemic and who are seeking a dividend-oriented stock, the IPO is worth a close look. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. In addition, he makes $1,305,863 as Exec. As a fully vertically-integrated real estate investment manager, Bridge operates almost every asset it acquires or develops. Charlotte Morse Chairman of Bridge Investment since . To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Adam O'Farrell. We provide the highest level of value to our residents, from best in class amenities to a dedicated social programming center at each community. The most recent stock trade was executed by Deborah C Hopkins on 20 July 2021, trading 6,000 units of BRDG . The firm also has an extensive CRE-backed fixed income investment strategy, and since 2019 has dramatically expanded its presence in the Opportunity Zone sector. On average, Bridge Investment executives and independent directors trade stock every 0 days with the average trade being worth of $43,659. Glassdoor gives you an inside look at what it's like to work at Bridge Investment Group, including salaries, reviews, office photos, and more. NEW YORK--(BUSINESS WIRE)--Bridge Investment Group LLC (Bridge) today announced the launch of its industrial net lease strategy (Bridge Industrial Net Lease), which aims to focus on acquiring attractively priced mission critical industrial net lease real estate scaled for diversification and durable income in prime U.S. growth markets. Source: Bridge Investment Group Holdings Inc. Market Data copyright 2023 QuoteMedia. For over ten years, we have provided superior, risk adjusted investment returns by acquiring and operating premium select service hotels throughout the United States. Chief Operating Officer. This Florida Limited Liability company is located at 2049 SW 118TH AVE, MIRAMAR, FL, 33025 and has been running for three years. I am not receiving compensation for it (other than from Seeking Alpha). As a fully integrated owner-operator of seniors housing communities, we have distinguished our platform.