Last week, multifamily giant Alliance Residential Co. announced it was moving into the industrial space with the launch of Alliance Residential Co.
Now another company with a significant presence in residential is moving into logistics: Bridge Investment Group LLC, which has announced the launch of Bridge Logistics Properties. The company, which had approximately $26 billion in assets under management as of March 31, 2021, is focused on select US real estate verticals, including multifamily, office, seniors housing, affordable housing, opportunity zones and debt strategies.
The Bridge Logistics Properties venture says its strategy will be to seek price dislocation, operational upside and innovative redevelopment in markets with a confluence of existing and increasing population density, rapid e-commerce adoption and constrained supply.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
