Welcome to our dedicated page for Bridge Invt Group Hldgs news (Ticker: BRDG), a resource for investors and traders seeking the latest updates and insights on Bridge Invt Group Hldgs stock.
Bridge Investment Group Holdings Inc. (formerly traded on the NYSE under the symbol BRDG) has been an active issuer of news related to its alternative investment management activities and its corporate transactions. Company releases describe Bridge as an alternative investment manager diversified across specialized asset classes, focusing on select U.S. verticals across real estate, credit, renewable energy and secondaries strategies. News coverage also highlights the activities of Bridge Logistics Properties, a subsidiary that concentrates on logistics and industrial real estate.
Visitors to this news page can review historical announcements on topics such as quarterly and annual financial results, corporate actions, ESG reporting and strategy-specific developments. Earnings releases have detailed Bridge’s financial performance, dividend declarations or decisions, and its plans in connection with the merger transaction with Apollo Global Management, Inc. Other corporate communications have covered promotions within senior leadership, hiring to expand wholesaling and distribution efforts, and scheduling or cancellation of earnings conference calls.
A significant portion of recent news has focused on logistics real estate through Bridge Logistics Properties. Press releases describe acquisitions of Class A industrial portfolios in markets like the Inland Empire West in California and the Atlanta I-75 South corridor, as well as a refinancing of a multi-state industrial portfolio. These releases discuss property characteristics, leasing status and the investment rationale for targeting specific logistics hubs.
Additional news items include Bridge’s participation in the 2024 GRESB Real Estate Assessment for vehicles in Workforce and Affordable Housing, Multifamily Housing, Seniors Housing and Logistics Properties, with reported improvements in scores and Green Star designations. The news feed also documents the progression and completion of the merger with Apollo, culminating in Bridge becoming a wholly owned subsidiary and the BRDG shares being delisted and deregistered. Investors and researchers can use this archive to follow the evolution of Bridge’s strategies, its logistics platform and the corporate steps leading to its acquisition.
Bridge Logistics Properties (NYSE: BRDG) has announced the acquisition of a 1.56 million square-foot Class A industrial portfolio in McDonough, Georgia. The portfolio comprises two fully-leased distribution facilities: a 760,256 SF building at 150 Distribution Drive and an 800,000 SF building at 201 Greenwood Court.
The properties are 100% leased to creditworthy tenants including DHL Supply Chain, Caterpillar, and Pregis, providing approximately three years of stable income. The acquisition was made below replacement cost with in-place rents approximately 30% below current market levels, suggesting significant upside potential. The strategic location offers exceptional connectivity, being 35 miles south of Atlanta's CBD and providing direct access to the Port of Savannah.
Bridge Investment Group Holdings (NYSE: BRDG) has reported its Q2 2025 financial results, posting net income of $2.8 million and a net loss of $(0.01) per share. The company achieved Fee Related Earnings of $28.0 million and Distributable Earnings of $25.7 million ($0.14 per share after-tax).
BRDG declared a dividend of $0.045 per share of Class A common stock, payable on August 29, 2025, which is expected to be its final dividend due to the pending merger transaction with Apollo Global Management. The merger is anticipated to complete in early September 2025, subject to customary closing conditions.
Bridge Logistics Properties (NYSE: BRDG) has acquired a three-building, 332,793-square-foot Class A industrial portfolio in Fontana, California for $83.5 million. The portfolio consists of three newly constructed distribution facilities: 14074 Rancho Court (100,039 SF), 14019 Rose Avenue (57,654 SF), and 14928 Washington Drive (175,100 SF).
The properties are fully leased with a weighted average lease term of over two years and feature modern specifications including 32-foot clear heights and ESFR sprinkler systems. Located in the Inland Empire West, the portfolio offers strategic access to major transportation routes and serves a population of 15 million within a 50-mile radius. This acquisition expands BLP's national portfolio to 16.3 million square feet.
Bridge Investment Group Holdings (NYSE: BRDG) has released its financial results for Q4 and full year 2024. The company reported a net income of $15.4 million for Q4 and $16.7 million for the full year. Fee Related Earnings to the Operating Company reached $34.4 million in Q4 and $136.6 million for the year.
The company's Q4 Distributable Earnings were $32.6 million ($0.18 per share after-tax), while full-year Distributable Earnings totaled $128.4 million ($0.69 per share after-tax). Net income per Class A share showed a loss of $(0.15) in Q4 but a gain of $0.13 for the full year.
Bridge declared a quarterly dividend of $0.11 per share of Class A common stock, payable on March 28, 2025, to stockholders of record as of March 14, 2025.
Bridge Investment Group (NYSE: BRDG) has scheduled its fourth quarter and full year 2024 earnings release for Monday, February 24, 2025, after market close. The company will host a conference call to discuss the results on Tuesday, February 25, 2025, at 9:30 am ET.
Investors can access the conference call by dialing 1-877-405-1210 (domestic) or 1-201-689-8721 (international). The call will also be available via webcast through the company's Investor Relations website. An audio replay will be accessible until March 11, 2025, by dialing 1-877-660-6853 (domestic) or 1-201-612-7415 (international) with passcode 13751589.
Bridge Investment Group (NYSE: BRDG) has announced key promotions for 2025, including the elevation of Jared Forsgren to Senior Managing Director. As Chief Compliance Officer, Forsgren has been recognized for his significant contributions to Bridge's growth.
Additionally, the company has promoted seven individuals to Managing Director positions: Jared Carpenter and Chenlong Lu (Bridge Multifamily Fund Managers), Mac Dobbins (Bridge Net Lease Fund Manager), Kevin Donlin (Bridge Renewable Energy Fund Manager), Eric Guja (Newbury Partners), Elaine Lu (Bridge Investment Group), and Colby Wilson (Bridge Multifamily Fund Manager).
Bridge Investment Group (NYSE: BRDG) has announced strategic hires to expand its wholesaling efforts and distribution of investment solutions to the wealth channel. The company has appointed Mick Manning, who joined in September, along with Brian S. Rivera and Dawn Impellizzeri to enhance regional coverage.
Manning, with over 30 years of experience, previously served as Managing Director at Forum Investment Group. Rivera, bringing nearly 30 years of experience, will cover the Western United States, while Impellizzeri, also with 30+ years in financial services, will focus on the Upper Midwest region. Both Rivera and Impellizzeri join from Sealy Investment Securities.
Bridge Investment Group (NYSE: BRDG) demonstrated strong ESG performance in the 2024 GRESB Real Estate Assessment, participating with six vehicles across Workforce and Affordable Housing, Multifamily Housing, Seniors Housing, and Logistics Properties strategies. Five recurring reporting vehicles showed significant improvements with 14-24% point increases from the previous year. All vehicles earned at least two Green Stars, with one achieving three Stars, and scored nearly perfect (29.78/30) in the management section. The assessment, which included 2,223 portfolios representing $7 trillion in gross asset value across 80 markets, reflects Bridge's commitment to sustainability transparency and operational efficiency.
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