Bridge Investment Group Holdings

Bridge Investment Group Holdings, Inc. operates as a real estate investment firm. The firm combines its nationwide operating platform with investment professionals focused on select US real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies and agency mortgage-backed securities. The company was founded in 2009 and is headquartered in Salt Lake City, UT.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bridge Investment Group Holdings reports strong Q4 performance and growth outlook

Bridge Investment Group Holdings (BRDG) showcased resilience in financial performance amid challenges, emphasizing strategic acquisitions and property management integration.
The company's focus on growth, optimization, and partnerships positions it well for opportunities in the real estate market and alternative asset management.
Despite market challenges, Bridge remains optimistic about deploying capital, expanding teams, and exploring new product extensions post Newbury acquisition.
The earnings call highlighted a strong performance foundation, strategic decisions, and growth prospects through synergistic collaborations and market optimism.

Bridge Investment Group reports Q1 resilience and growth opportunities

Bridge Investment Group's Q1 2023 performance showcased resilience amidst market challenges, with a focus on strategic investments and fee growth.
The company's strengths lie in sector optimism, specialized teams, and the potential of the Newbury partnership to enhance offerings.
While facing challenges in capital raising and fund manager profitability, Bridge Investment Group is poised to capitalize on opportunities in attractively priced assets and market demand.

Bridge Investment Group Holdings reports solid earnings, eyes real estate expansion

Bridge Investment Group Holdings (BRDG) showcased strong distributable earnings amidst a net loss in Q2 2023. The company's focus on U.S. real estate sectors and plans for expansion present opportunities for growth. However, challenges in fundraising trends and fee impacts require strategic management.

Bridge Investment Group reports mixed Q3 results, optimistic on real estate

Bridge Investment Group Holdings faced challenges in capital raising amid market volatility but managed to raise significant funds. The company remains optimistic about the U.S. real estate market and sees opportunities in various sectors.

Bridge Investment Group reports resilient performance and growth opportunities

Bridge Investment Group Holdings navigated challenges in Q4 2023 with a focus on resilient performance and growth opportunities in 2024. Despite sector-specific challenges, the company's strong fundamentals in multifamily and strategic investments position it well for future success. Managing dividend payouts to strengthen the balance sheet while distributing reasonable amounts is a key strategy.

Bridge Investment Group Holdings reports mixed Q1 results, eyes growth opportunities

Bridge Investment Group Holdings navigated Q1 2024 with a mix of challenges and strengths. Despite a GAAP net loss, the company showed resilience with increased distributable earnings and a focus on growth strategies. Addressing concerns around fundraising and performance fees presents avenues for improvement and strategic decision-making.

Bridge Investment Group Holdings reports strong Q3 earnings and eyes growth opportunities in real estate

Bridge Investment Group Holdings demonstrated solid financial performance in Q3 2024, with a focus on expanding investment capabilities and seizing growth opportunities. While facing challenges such as compensation expenses and insurance losses, the company remains optimistic about the real estate market's resurgence and future prospects. Strategic capital deployment and positive market outlook position Bridge well for continued success.

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Bridge Investment Group shares have declined nearly 50% year-to-date as investors shun real estate-related and particularly real estate private equity stocks. Unlike Blackstone's B-REIT which offers monthly redemptions, the vast majority of Bridge's investor capital is locked up for years.

Bridge Investment Group: 8% Yield And Significant Upside Potential

Bridge Investment Group Holdings, Inc. (NYSE:BRDG ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Bonni Rosen - IR Officer Robert Morse - Executive Chairman Jonathan Slager - CEO & Director Katherine Elsnab - CFO, CAO & Corporate Controller Conference Call Participants Michael Cyprys - Morgan Stanley William Katz - Crédit Suisse Kenneth Worthington - JPMorgan Chase & Co. Operator Good day, ladies and gentlemen, and welcome to the Bridge Investment Group's Third Quarter 2022 Earnings Call and Webcast. [Operator Instructions].

Bridge Investment Group Holdings, Inc. (BRDG) Q3 2022 Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the third quarter ended September 30, 2022.

Bridge Investment Group Holdings Inc. Reports Third Quarter 2022 Results

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) and KB Asset Management (together with its affiliates, “KBAM”) today announced that they have entered into a strategic relationship designed to strengthen KBAM's overseas real estate management and investment capabilities and provide additional opportunities for Bridge to raise capital in Korea.

Bridge Investment Group and KB Asset Management Announce Strategic Relationship

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that it will release its third quarter 2022 financial results after the close of the market on Tuesday, November 8, 2022. Management will host a conference call the morning after the release on Wednesday, November 9, 2022 at 8:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-866-682-6100 (domestic) or 1-862-298-0702 (in

Bridge Investment Group Announces Date of Third Quarter 2022 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it has signed a definitive agreement to form a joint venture with Grosvenor's Diversified Property Investments business (“Grosvenor”) to deploy $100 million of equity, with the option for follow-on investments, to purchase and amenitize best-in-class office assets that are positioned to capture an outsized share of their respective submarket's leasing and absorpti

Bridge Investment Group Announces Commercial Office Joint Venture With Grosvenor's Diversified Property Investments Team

Bridge Investment Group went public in July 2021, raising approximately $300 million in an IPO. The firm invests in real estate projects and other investment opportunities in the United States.

Bridge Investment Is Well Positioned Despite Rising Cost Of Capital

Bridge Investment Group Holdings Inc. (NYSE:BRDG ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Bonni Rosen - Investor Relations Officer Robert Morse - Executive Chairman Jonathan Slager - Chief Executive Officer Katie Elsnab - Chief Financial Officer & Chief Accounting Officer Dean Allara - Head of Client Solutions Group & Vice Chairman of the Board Conference Call Participants Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Finian O'Shea - Wells Fargo Operator Greetings. Welcome to the Bridge Investment Group's Second Quarter 2022 Earnings Call and Webcast.

Bridge Investment Group Holdings Inc. (BRDG) CEO Jonathan Slager on Q2 2022 Results - Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the second quarter ended June 30, 2022. Total Revenue and Investment Income were $99.0 million and $104.9 million, respectively, for the quarter ended June 30, 2022. These increased 38% and 31%, respectively, from revenue and investment income figures of $72.0 million and $79.9 million, respectively, for the quarter ended June 30, 2021. Net Inc

Bridge Investment Group Holdings Inc. Reports Second Quarter 2022 Results

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the launch of its newest strategy, Bridge Ventures, and the hiring of Jeremy Ford as Chief Investment Officer of Bridge Ventures. While the real estate industry has increased its adoption of technology solutions in the post-Pandemic era, U.S. investment and innovation in the sector still lags that of other industries (e.g., financial services, health care, and educatio

Bridge Investment Group Announces Expansion Into PropTech, Hires Jeremy Ford as Chief Investment Officer

LOS ANGELES--(BUSINESS WIRE)--BLP announces off-market industrial property acquisition, marking 21st deal and $789 Million closed since its initial investment seven months ago.

BLP Acquires Off-Market Industrial Property - Marks 21st Deal and $789 Million Closed Since Initial Investment Seven Months Ago

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the launch of its newest strategy, Bridge Solar Energy Development (“Bridge Solar”), in partnership with Lumen Energy Inc. (“Lumen”). As companies move to decarbonize their operations, onsite renewable energy is increasingly economical. Commercial rooftop solar technology costs have fallen 69% over the last 10 years, while retail electricity prices increased 10% nation

Bridge Investment Group Announces Expansion Into Solar Energy, Partnership With Lumen Energy

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that it will release its second quarter 2022 financial results after the close of the market on Monday, August 8, 2022. Management will host a conference call the morning after the release on Tuesday, August 9, 2022 at 8:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-877-405-1210 (Toll Free) or 1-201-689-8721 (Toll/In

Bridge Investment Group Announces Date of Second Quarter 2022 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it has completed fundraising for the Bridge Debt Strategies Fund IV (“BDS IV” or the “Fund”), raising $2.9 billion in equity commitments. Bridge Debt Strategies Fund IV is a diversified, three-pronged strategy focused on originating first mortgage direct loans, investing in Freddie Mac K-Series B-Pieces, and opportunistically investing in other CRE backed debt suc

Bridge Investment Group Raises $2.9 Billion for Bridge Debt Strategies Fund IV

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that Jonathan Slager, Chief Executive Officer, and Katie Elsnab, Chief Financial Officer, will be participating in a fireside chat led by equity research analyst, Michael Cyprys, at the 2022 Morgan Stanley US Financials, Payments & CRE Conference on Wednesday, June 15 at 10:05 AM ET. A live audio webcast of the presentation will be available on Bridge's Investor Re

Bridge Investment Group to Present at the 2022 Morgan Stanley US Financials, Payments & CRE Conference

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (“Credit Facility”), increasing it from $75 million to $125 million. On June 3, 2022, the Company entered into a $150 million note purchase agreement pursuant to which its operating company, Bridge Investment Group Holdings LLC, issued two tranches of notes in a pr

Bridge Investment Group Closes on $150 Million of Senior Notes and Refinanced Its Senior Secured Credit Facility

Bridge Investment Group Holdings Inc. (NYSE:BRDG ) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Bonni Rosen - Head of Shareholder Relations Robert Morse - Executive Chairman Jonathan Slager - Chief Executive Officer Katie Elsnab - Chief Accounting Officer Conference Call Participants Michael Cyprus - Morgan Stanley Finian O'Shea - Wells Fargo Ken Worthington - J.P. Morgan Operator Greetings.

Bridge Investment Group Holdings' (BRDG) CEO Jonathan Slager on Q1 2022 Results - Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the first quarter ended March 31, 2022. Total Revenue and Investment Income were $104.1 million and $74.8 million, respectively, for the quarter ended March 31, 2022. These increased 78% and 253%, respectively, from revenue and investment income figures of $58.5 million and $21.2 million, respectively, for the quarter ended March 31, 2021. Net

Bridge Investment Group Holdings Inc. Reports First Quarter 2022 Results

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) today announced that it will release its first quarter 2022 financial results after the close of the market on Monday, May 9, 2022. Management will host a conference call the morning after the release on Tuesday, May 10, 2022 at 8:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-877-405-1210 (Toll Free) or 1-201-689-8721 (Toll/International) and

Bridge Investment Group Announces Date of First Quarter 2022 Earnings Release and Conference Call

Bridge Investment Group Holdings' (BRDG) CEO Jonathan Slager on Q4 2021 Results - Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported financial results for its fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Total Revenue and Investment Income were $107.3 million and $148.3 million, respectively, for the quarter ended December 31, 2021. These results increased 50% and 87%, respectively, from the quarter ended December 31, 2020. Net Income applicable to Bridge Investment Group

Bridge Investment Group Holdings Inc. Reports Fourth Quarter and Full Year 2021 Results

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) announced today that it has launched a $75 million program to acquire, develop, and operate needs-based senior housing assets within the United States. As part of the venture, StepStone Real Estate (“SRE”) co-invested in an existing portfolio managed by Bridge and intends to help build the platform by co-investing in other senior housing assets identified by Bridge in the future. “Bridge's partnership

Bridge Investment Group and StepStone Real Estate Announce $75 Million Needs-Based Senior Housing Co-Investment Venture

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) announced today that Chad Briggs, Chief Financial Officer (“CFO”) of the Company, has decided to retire effective May 31, 2022. Upon Mr. Briggs' retirement, Bridge is pleased to announce that Katie Elsnab, Bridge's current Chief Accounting Officer and Corporate Controller, will assume the role of CFO. Executive Chairman, Robert Morse remarked “On behalf of everyone at Bridge, I thank Chad for his crit

Bridge Investment Group Announces Chief Financial Officer, Chad Briggs to Retire and Chief Accounting Officer, Katie Elsnab to Become Chief Financial Officer

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that Johannes Brennecke has been named Director of Bridge's Client Solutions Group in Europe effective February 1. This appointment marks a significant milestone in Bridge's expansion in Europe. Johannes will be responsible for developing and managing Bridge's Western European client relationships. Johannes will report to Claudius Weissbarth, Head of EMEA Client Solutions Group. On thi

Bridge Investment Group Announces Expansion of European Team With Hiring of Johannes Brennecke

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) today announced that it will release its fourth quarter and full year 2021 financial results after the close of the market on Wednesday, March 2, 2022. Management will host a conference call the morning after the release on Thursday, March 3, 2022 at 8:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-877-405-1210 (Toll Free) or 1-201-689-8721 (To

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