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Bridge Investment Group Holdings Inc. - BRDG STOCK NEWS

Welcome to our dedicated page for Bridge Investment Group Holdings news (Ticker: BRDG), a resource for investors and traders seeking the latest updates and insights on Bridge Investment Group Holdings stock.

Bridge Investment Group Holdings Inc. (BRDG) is a distinguished, vertically integrated investment manager. Headquartered in Salt Lake City, Utah, the company is renowned for its diversified specialization across various asset classes, including real estate, credit, renewable energy, and secondaries strategies.

Core Business: Bridge-IGP operates primarily as an alternative investment manager, offering a broad range of products that cater to different investment objectives. With approximately $2.4 billion in assets under management, Bridge-IGP and its affiliates manage an additional $600 million in real estate assets. This extensive portfolio includes over 32,000 apartment units across 17 states and around 2.2 million square feet of commercial office property.

Recent Achievements and Current Projects: Bridge Investment Group continues to expand its footprint through strategic acquisitions and innovative investment solutions. The company leverages its nationwide operating platform and dedicated teams of professionals to identify and capitalize on new market opportunities.

Financial Condition: With a robust asset management portfolio and a comprehensive approach to alternative investment, Bridge Investment Group maintains a strong financial standing. This stability enables the company to support its broad spectrum of investment strategies and meet diverse investor needs.

Partnerships and Products: The company's vertical integration allows it to efficiently manage and grow its investment platforms. Partnerships with industry leaders and a commitment to sustainability through renewable energy investments highlight Bridge Investment Group's forward-thinking approach.

In summary, Bridge Investment Group Holdings Inc. is a formidable player in the investment management sector, known for its diversified and synergistic investment platforms. With a strong focus on real estate and alternative investments, the company is well-positioned to continue its growth and deliver value to its investors.

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Bridge Investment Group Holdings Inc. (BRDG) will release its first-quarter financial results on May 8, 2024, followed by a conference call on May 9, 2024, to discuss the results.
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Bridge Investment Group Holdings Inc. (NYSE: BRDG) announces an expanded partnership with Entryway to enhance employment and housing opportunities for at-risk individuals and families. The 'Bridge to Opportunity' initiative focuses on philanthropic commitments and community enhancement, including college scholarships, career counseling, and health equity screenings. The partnership aims to provide pre-screened individuals with employment opportunities and affordable housing. Bridge has also funded community centers and revitalized neighborhoods through its Opportunity Zone developments, investing $3.8 billion in 78 projects. Additionally, Bridge supports educational programs for foster-care students and skills training for underrepresented groups in the property management industry.
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Bridge Investment Group Holdings Inc. (BRDG) announces Executive Chairman's presentation at UBS Financial Services Conference. The webcast will be available on Bridge's Investor Relations page.
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Bridge Investment Group Holdings Inc. (NYSE: BRDG) reported a net loss of $(87.4) million for the year ended December 31, 2023. Fee Related Earnings were $130.5 million for the year. Despite challenges in the commercial real estate market, the company's Fee-Earning AUM increased by 25% to $21.7 billion.
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Bridge Investment Group Holdings Inc. (NYSE: BRDG) has launched a new educational platform called 'BIG Insights' to simplify and explain alternative asset investments. The platform aims to make the expertise of specialized vertical teams available to all investors, both institutional and retail. It focuses on commercial real estate in private markets and aims to bridge the knowledge gap in alternative assets to make investments more approachable.
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Bridge Investment Group Holdings Inc. (BRDG) will release its Q4 and full year 2023 financial results on February 21, 2024, followed by a conference call on February 22, 2024. Interested parties can access the call via phone or webcast. An audio replay will be available until March 7, 2024.
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Bridge Investment Group Holdings Inc. (NYSE: BRDG) announced key changes to the Client Solutions Group, promoting Inna Khidekel and Lourdes Fisher to Co-Heads. Additionally, Pete LaMassa and Michael Winiarski were promoted to Senior Managing Director, and nine colleagues have been promoted to the Managing Director class of 2024.
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Bridge Investment Group Holdings Inc. (NYSE: BRDG) reports Q3 2023 financial results, with net income loss of $(17.9) million and distributable earnings of $40.8 million. Resilient performance despite market volatility, 20% YoY growth in recurring fund management fees, and a quarterly dividend of $0.17 per share declared.
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Bridge Investment Group Holdings Inc. to release Q3 2023 financial results
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Bridge Investment Group Holdings Inc. has announced the acquisition of a six-property portfolio of Workforce & Affordable Housing properties in the Greater Boston area, totaling 1,722 residential units. The portfolio is located in four high-barrier-to-entry counties and offers convenient access to major transportation arteries. Bridge aims to create vibrant communities and enhance the quality of life for Boston-area residents.
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FAQ

What is the current stock price of Bridge Investment Group Holdings (BRDG)?

The current stock price of Bridge Investment Group Holdings (BRDG) is $9.57 as of November 15, 2024.

What is the market cap of Bridge Investment Group Holdings (BRDG)?

The market cap of Bridge Investment Group Holdings (BRDG) is approximately 402.7M.

What does Bridge Investment Group Holdings Inc. specialize in?

Bridge Investment Group is specialized in alternative investment management, focusing on asset classes like real estate, credit, renewable energy, and secondaries strategies.

How much in assets does Bridge Investment Group manage?

Bridge Investment Group manages approximately $2.4 billion in assets, with an additional $600 million managed by its affiliates.

Where is Bridge Investment Group headquartered?

Bridge Investment Group is headquartered in Salt Lake City, Utah.

What types of properties does Bridge Investment Group manage?

Bridge manages over 32,000 apartment units across 17 states and approximately 2.2 million square feet of commercial office property.

What is Bridge Investment Group's approach to investment opportunities?

The company leverages its nationwide operating platform and dedicated teams to identify and capitalize on new market opportunities.

What is the company's financial condition?

Bridge Investment Group maintains a strong financial standing, supported by a robust asset management portfolio and diverse investment strategies.

Does Bridge Investment Group focus on sustainability?

Yes, Bridge Investment Group has a commitment to sustainability, including investments in renewable energy.

What is the core business segment for Bridge Investment Group?

Bridge Investment Group operates in the alternative investment management segment, diversified across various specialized investment platforms.

How many employees work at Bridge Investment Group?

The company employs over 1,000 people.

What makes Bridge Investment Group unique in the investment sector?

Its vertically integrated structure and broad range of specialized investment products allow Bridge to capture new market opportunities and serve various investor objectives.

Bridge Investment Group Holdings Inc.

NYSE:BRDG

BRDG Rankings

BRDG Stock Data

402.72M
41.76M
12.7%
45.19%
1.36%
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United States of America
SALT LAKE CITY