Privately-held real estate investment management firm Bridge Investment Group says it has put $1.3 billion into its Opportunity Zone strategy.

Much of the capital has already been deployed to 26 assets in 17 US markets, the company said.

"Bridge continues to see tremendous opportunity in these development projects which are expected to provide meaningful impact on the areas in which capital is invested," said Bridge Investment chairman Bob Morse in prepared remarks.

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Thomas Phillips is part of the social media team at ALM Media.