It currently has one President. TIGER 21 Chairs have achieved the kind of success most people can only imagine. Their collective experience is vital to our success as we move into the increasingly important industrial net lease vertical., About the Bridge Industrial Net Lease team. Management is headed by Chief Executive Officer Jonathan Slager, who has been with the firm since its inception and has more than 35 years experience in real estate, finance and software companies. 35 years experience in real estate, finance and software companies. Looking forward, were excited about the compelling opportunities for our Renewable Energy and PropTech strategies, as ESG and technological solutions become more critical for the real estate industry., Jonathan Slager, Bridges Chief Executive Officer, added Bridges specialized investment approach, vertically integrated business model, and focus on value-add strategies continues to be a strength in a difficult market. Mr Morse owns over 20,000 units of Bridge Investment stock worth over $1,009,649 and over the last 10 years he sold BRDG stock worth over $0. On a basic and diluted basis, net income attributable to Bridge per share of Class A common stock was $0.44. Net Income was $18.2 million and $272.4 million for the quarter and year ended December 31, 2022, respectively. Mr Morse is 66, he's been the Exec. Please see below for criteria for TIGER 21 Membership. On the appointment of the Bridge Industrial Net Lease team, Morse said: We are thrilled to welcome Mike, Matt, Brandon and James to the Bridge team. I have no business relationship with any company whose stock is mentioned in this article. This press release contains forward-looking statements about our beliefs and expectations related to the market and our industrial strategy, which are subject to various risks and may change. As Co-CIO, Mr. Tucker oversees the business activities of the vertical, including acquisitions, asset management, strategy, relationship building, capital sourcing, financing, credit underwriting, and executive oversight of the vertical. Class A common stockholders will be entitled to receive one vote per share and Class B shareholders will receive ten votes per share. Bridge announced its intention to deploy over $2.5 billion in this strategy over the next three years. Through analytical structuring and extensive, data driven stress testing, Bridge AMBS seeks to deliver 8-10% net to the investor current yield coupled with monthly liquidity to investors in this strategy. Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $43.3 billion of assets under management as of December 31, 2022. Mr Morse is 66, he's been the Exec. We believe that the vertical will continue to outperform as e-commerce and supply chain growth fuel tailwinds, intensifying the need for high quality and well-located mission critical facilities in logistically connected corridors.. Executive Chairman. Bridge AMBS has had a successful year deploying capital into the agency mortgage-backed securities market. Brian . General & Administrative expenses as a percentage of total revenue have been mostly stable as revenue has increased; its General & Administrative efficiency rate rose in the most recent reporting period. Mar 2021 - Present2 years Salt Lake City, Utah, United States In 2008, John S Pennington Jr co-founded Bridge Investment Group's $28 billion family of private equity investment funds that. The pandemic has only heightened the acute need for quality workforce and affordable housing in America. Also, the company has over 6,500 fund investors representing 57% of committed capital and 115 institutional investors accounting for the other 47%. Robert Morse Age : 66 Public asset : 788,819,788 USD Country of residence : Unknown Linked companies : Amkor Technology, Inc. - Bridge Investment Group Holdings Inc. We delivered outstanding results to our investors, we provided critical support to our resident and tenant communities and continued to strengthen our organization in a myriad of ways. Most recently he exercised 20,000 units of BRDG stock worth $93,600 on 24 May 2022. mesurer votre utilisation de nos sites et applications. Members of IPO Edge get the latest IPO research, news, and industry analysis. I wrote this article myself, and it expresses my own opinions. This Florida Limited Liability company is located at 2049 SW 118TH AVE, MIRAMAR, FL, 33025 and has been running for three years. https://www.businesswire.com/news/home/20210119005691/en/. Robert Morse. Additionally, Mr. Morse was a co-founder of SSB Capital Partners, a $400 million private equity fund formed in 2000. Our newer strategies continue to scale as demonstrated by the $1.3 billion of gross capital deployed by our logistics team, a strong portfolio of over 3,300 homes in our Single-Family Rental platform, and a growing Net Lease Income vehicle. Our Professionals LEAD OUR SPECIALIZED VERTICALS WITH FULLY INTEGRATED TEAMS, Chief Executive Officer & Co-Chief Investment Officer, Bridge Multifamily, Vice Chairman & Head of Client Solutions Group, Senior Managing Director & President, Bridge Debt Capital Markets, Senior Managing Director, Bridge Debt Capital Markets, Senior Managing Director & Co-Chief Investment Officer, Bridge Multifamily, Senior Managing Director & Chief Investment Officer, Bridge AMBS, Senior Managing Director & Chief Executive Officer, Co-Chief Investment Officer, Bridge Seniors Housing & Medical Properties, Senior Managing Director & Chief Investment Officer, Bridge Debt Strategies, Senior Managing Director & Chief Investment Officer, Bridge Development and Opportunity Zones, Senior Managing Director & Chief Executive Officer, Co-Chief Investment Officer, Bridge Logistics Properties, Senior Managing Director & President, Bridge Property Management, Co-Chief Investment Officer, Bridge Multifamily, Senior Managing Director, Acquisitions & Co-Chief Investment Officer, Bridge Workforce & Affordable Housing, Senior Managing Director, Client Solutions Group, Senior Managing Director & Co-Chief Investment Officer, Bridge Net Lease, Senior Managing Director & Co-Chief Investment Officer, Bridge Logistics Properties, Senior Managing Director & Co-Chief Executive Officer, Bridge Single-Family Rental, Senior Managing Director, General Counsel, Senior Managing Director & Chief Investment Officer, Bridge Renewable Energy, Senior Managing Director & Chief Asset Officer, Bridge Debt Strategies, Senior Managing Director & Deputy Chief Investment Officer, Bridge Debt Strategies, Senior Managing Director & Head of Asia, Client Solutions Group. The funds used to redeem some of the Class A Units held directly or indirectly by certain of the Original Equity Owners will not be available to us for use in connection with our future growth initiatives. In a separate press release issued today, Bridge announced it has entered into a definitive agreement to acquire substantially all of the business of Newbury Partners LLC, an investment manager that specializes in acquiring limited partnership interests through secondary transactions, for $320.1 million. (Source). . 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Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. The firm operates as a vertically integrated real estate investment manager. Kaitlin Newingham . Agency MBS issuance volumes have grown over 100% as mortgage rates declined to multi-decade historical lows, boosting demand for refinancing and new home loans, said Mohit Chandarana, Chief Investment Officer of Bridge AMBS. All Rights Reserved. Salt Lake City, Utah-based Bridge was founded to develop a nationwide platform to provide institutional and individual investors with exposure to a variety of asset classes within the real estate sector in the United States. He has over 30 years of experience in investment banking, commercial banking, and private equity fund management. Kaitlin Newingham Bridge Investment Group has raised $500 million for its Opportunity Zone Fund, and will begin targeting projects nationwide. Robert Morse, Bridge's Executive Chairman, remarked "Bridge delivered another quarter of strong results with fundraising inflows of $1.3 billion, driven by continued demand for our flagship . Since 2019 and across three funds, Bridge has raised and deployed nearly $2 billion of equity to pursue 35 development projects aggregating $4.5 billion of value. Mike Sodo, CEO of Bridge Industrial Net Lease Fund Manager LLC (the Fund Manager) is a co-founder of the vertical and member of the Investment Committee (the Investment Committee) of the general partner of the fund (the General Partner), with over 20 years of experience in the real estate, finance and accounting industries. 2023 Bridge Investment Group Holdings LLC. ET on February 28, 2023 and can be accessed by dialing 1-877-660-6853 (domestic) or 1-201-612-7415 (international), and providing the passcode 13736320. [email protected], Internet Explorer presents a security risk. Last updated: 1 March 2023 at 11:00am EST. Tenant demands require asset owners to be engaged and responsive, and prioritize the prime suburban locations that have always been the Bridge focus.. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. You can see the complete history of Mr Morse stock trades at the bottom of the page. The estimated Net Worth of Robert Randolph Morse is at least $2.32 Million dollars as of 24 May 2022. 2023 Bridge Investment Group Holdings LLC. Is this happening to you frequently? I analyze fundamental company performance and my conclusions may not be relevant for first-day or early IPO trading activity, which can be highly volatile and unrelated to company fundamentals. Chairman at Bridge Investment. Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 17.09%. GBC is a privately held, vertically integrated investment management firm focused on investing in the single-family home rental ("SFR") industry. Actual results may differ materially from those express or implied in the forward-looking statements as a result of a number of factors, including but not limited to those risks described from time to time in our filings with the Securities and Exchange Commission. In 2020, Bridge raised $2.3 billion of new equity capital and deployed nearly $3 billion into new assets across its six specialized investment verticals, with further plans to deploy approximately $11 billion over the next three years. The firm seeks to directly operate the properties it owns, which now span 40 U.S. states in both primary and secondary markets. Listed bookrunners of the IPO are Morgan Stanley, J.P. Morgan, Citigroup and other investment banks. The structure of our fund capital allows us to be patient and selective while also nimble to take advantage of opportunities generated from market dislocations. [email protected], Investor Contact Bridge owns or manages over 42,000 units today and plans to deploy over $2.0 billion of equity to acquire or develop assets in the multifamily space over the next two years. Brad Andrus. Bridge has equity and debt investments in multifamily, office, workforce housing, senior housing, logistics and other investment classes. In connection with the transactions, Bridge is acquiring 60% of GBC's business, valued at $50 million. We provide the highest level of value to our residents, from best in class amenities to a dedicated social programming center at each community. Please complete this form to receive a copy of the TIGER 21 quarterly Asset Allocation report. Robert Morse - Executive Chairman - Bridge Investment Group | LinkedIn Robert Morse Executive Chairman: Bridge Investment Group Wilson, Wyoming, United States 1K followers 500+ connections. TIGER 21, LLC is not affiliated or associated with Tiger Management, L.L.C, Julian Robertson, or any investment manager or fund operated or licensed by Tiger Management L.L.C, Chairman, Bridge Investment Group Partners, LLC. The firm seeks to directly operate the. Mr. Morse made investments on behalf of Citigroup clients across multiple asset classes, including equities (public and private), corporate acquisitions, distressed and mezzanine debt and real estate. We anticipate continuing our Opportunity Zone investment activity into 2021 and remain very excited about this programs impact on these underserved communities.. As a fully vertically-integrated real estate investment manager, Bridge operates almost every asset it acquires or develops. In his past career Mr. Morse was Chairman, Managing Director & Co-CEO at Primus Financial Holdings Ltd., Chairman & Chief Executive Officer for PMC Partnership Ltd., CEO-Asia Institutional Clients Group at Citigroup, Inc. and Head-Investment Banking at Salomon Smith Barney, Inc. (a subsidiary of Citigroup, Inc.) and Principal at Salomon Brothers. Prior to his current position, Mr. Tucker served as Executive Vice President and Head of the Northeast and Midwest Regions of Gladstone, where he was involved in the assembly and management of an approximately 8 million square foot portfolio of industrial and office assets, and lead the acquisitions and asset management teams for that portfolio. Prior to his current position, Mr. Flickinger was an Executive Vice President with Gladstone, where he led the investments and asset management teams that acquired industrial and office assets in the Southeastern and Western U.S. James Freeman, Managing Director of the Fund Manager is a member of the Investment Committee of the General Partner. There are no older and 5 younger executives at Bridge Investment. Matt Tucker, Co-CIO of the Fund Manager is a co-founder of the vertical and member of the Investment Committee of the General Partner, with over 20 years of experience in the commercial real estate and corporate finance industries. Robert Morse has served as Chairman of Bridge and Executive Chairman of Bridge Multifamily Fund Manager since January 2012. The Company will host a conference call on February 14, 2023 at 8:30 a.m. These are qualitative in nature and are at the discretion of TIGER 21 and the Chair of the Group. Bridge Investment Group Chairman Robert Morse and the Willet's . I wrote this article myself, and it expresses my own opinions. Mr. Morse served as Chairman and Co-Chief Executive Officer of PMN Capital, a private equity firm based in Hong Kong, from January 2009 to January 2012. RT=Real-Time, EOD=End of Day, Robert Morse brings over 35 years of experience in real estate investment management, commercial and investment banking and private equity fund management as Executive Chairman of Bridge Investment Group (Bridge or the Firm). As of 24 May 2022 he still owns at least 69,583 units of Bridge Investment stock. Bridge reported strong results for the third quarter. Nous, Yahoo, faisons partie de la famille de marques Yahoo. As Co-CIO, Mr. Flickinger oversees the sourcing, negotiating and structuring of investments throughout the U.S. Morgan Stanley is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 22.7% since their IPO. I'm the founder of IPO Edge on Seeking Alpha, a research service for investors interested in IPOs on US markets. Robert Randolph Morse is the Exec. Major competitive or other industry participants include: Bridges recent financial results can be summarized as follows: Below are relevant financial results derived from the firms registration statement: As of March 31, 2021, Bridge had $134 million in cash and $223 million in total liabilities. Please disable your ad-blocker and refresh. Joele Frank, Wilkinson Brimmer Katcher . This earnings release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. Distributable Earnings of Bridge Investment Group Holdings LLC . Media Contact The most recent stock trade was executed by Deborah C Hopkins on 20 July 2021, trading 6,000 units of BRDG . Market Data copyright 2023 QuoteMedia. Bridge Seniors Housing Fund Manager LLC (Bridge Seniors) believes that seniors housing is one of the most attractive segments in the US real estate market, offering significant consolidation opportunities and durable industry fundamentals. All content is posted anonymously by employees working at Bridge Investment Group. With a focus on investing in value-add multifamily housing properties in MSAs with strong macroeconomic prospects, Bridge Multifamily Fund Manager LLC (Bridge Multifamily) aims to add value by transforming unit interiors and common areas, increasing tenant satisfaction, and adding profound social and community program amenities, all to achieve strong occupancy and rent growth.