Effective as of today, this team will be led by Chief Executive Officer (CEO), Mike Sodo; Co-Chief Investment Officer (Co-CIO), Matt Tucker; and Co-CIO, Brandon Flickinger. Please. Bridge Investment executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Bridge undertakes no duty to publicly update any forward-looking statements made herein or on the webcast/conference call or otherwise, whether as a result of new information, future developments or otherwise, except as required by law. Vice Chairman & Head of Client Solutions Group. 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. Founder of Primus Financial Holdings Ltd., Robert R. Morse currently is Executive Chairman of Bridge Investment Group Holdings, Inc. 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. Prior to his position as CEO of Citigroups Asia Institutional Clients Group, Robert served as the Head of Global Investment Banking for Citigroup, based in New York.Robert is a 1977 graduate of Yale College, Phi Beta Kappa and magna cum laude, and a 1981 graduate of the Harvard Business School and the Harvard Law School.Robert serves on a variety of charitable organization boards, including as Chairman of the Yale Presidents Council on International Activities, the Grand Teton National Park Foundation Resource Council and the Whitney Museum Directors Council. Bridge expanded its set of Fixed Income products in 2020; launched amidst the COVID-19 pandemic, the agency mortgage-backed securities strategy managed by Bridge Agency MBS Fund Manager LLC (Bridge AMBS) was met with strong interest from the market, and the investment portfolio has grown to nearly $1 billion to date. Charlotte.Morse@bridgeig.com, Internet Explorer presents a security risk. 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. He has over 30 years of experience in investment banking, commercial banking, and private equity fund management. 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. Bridge Investment Group Holdings Inc. Katie Elsnab. 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. Robert Morse has served as Chairman of Bridge and Executive Chairman of Bridge Multifamily Fund Manager since January 2012. 15 minutes unless otherwise indicated (view Free cash flow for the twelve months ended March 31, 2021, was $129 million. Market Data powered by Any forward-looking statement speaks only as of the date on which it is made. On average, Mr trades about 1,579 units every 130 days since 2013. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. You can see the complete history of Mr Morse stock trades at the bottom of the page. As of March 31, 2021, management said it had approximately $26 billion of AUM across its funds and other investment vehicles. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of the Company or any investment fund managed by the Company or its affiliates. Inna Khidekel, Chairwoman of the Bridge Charitable Giving Committee, commented that Bridge has always been at the forefront of community revitalization, and our growth has allowed us to further support the communities in which we operate. Banyan Investment Group is a growing leader in the Hotel Investment and Management industry. Brad Andrus. Robert Morse Age : 66 Public asset : 788,819,788 USD Country of residence : Unknown Linked companies : Amkor Technology, Inc. - Bridge Investment Group Holdings Inc. Isela Rosales, MD of ESG at Bridge, further mentioned that 2020 was a milestone year for Bridge on the ESG front. (Source). Brandon Flickinger, 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 18 years of experience in the real estate, finance, and investment banking industries. Below is a brief overview video of Bridge: Below is a map of the firm's asset types and coverage: Bridge has received at least $215 million in equity investment from investors including Robert Morse, Bridge Founders Group and Jonathan Slager. QuoteMedia. As Executive Chairman, Robert is integrally involved in the management, strategy and capitalization of Bridge. Bridge has received at least $215 million in equity investment from investors including Robert Morse, Bridge Founders Group and Jonathan Slager. About Bridge Investment Group Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $31.8 billion of assets . A significant current supply/demand imbalance, coupled with approaching functional obsolescence of meaningful supply, provides the fundamentals for an extraordinary investment opportunity. For investors with an interest in exposure to a range of real estate assets in the U.S., who are bullish on the exit from the pandemic and who are seeking a dividend-oriented stock, the IPO is worth a close look. Executive Chairman. Bridge combines its 4,200+* person, nationwide operating platform with specialized teams of investment professionals focused on select US real estate verticals, which Bridge believes offer above-market opportunity: multifamily, office, seniors housing, affordable housing, opportunity zones, and debt strategies. Bridge intends to raise $300 million in gross proceeds from an IPO of its Class A common stock, offering 18.75 million shares at a proposed midpoint price of $16.00 per share. Due to its forward integration, Bridge was able to connect with residents and tenants directly in the COVID-19 pandemic environment to assist as they navigated through the challenges it posed. 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. knewingham@prosek.com 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%. 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 . . There are currently three active principals. Management says it will use the net proceeds from the IPO as follows: We intend to use the net proceeds from this offering (including any net proceeds from any exercise of the underwriters option to purchase additional shares of Class A common stock) to purchase 18,750,000 Class A Units (or 21,562,500 Class A Units if the underwriters exercise in full their option to purchase additional shares of Class A common stock) directly from the Operating Company at a price per unit equal to the initial public offering price per share of Class A common stock in this offering less the underwriting discounts and commissions and estimated offering expenses payable by us. 15 minutes unless otherwise indicated (view Investors: 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. Brian . During Roberts tenure, Citigroup was awarded the Best Bank in Asia award annually by FinanceAsia, EuroMoney and The Asset magazines and in selected client surveys. Chief Financial Officer. *Please note that meeting the specific quantitative requirement of a minimum of $10MM in investable assets does not automatically guarantee admittance into TIGER 21. RT=Real-Time, EOD=End of Day, The underlying investments, in Government-guaranteed agency mortgage backed securities have never experienced a single dollar of defaults. In 2020, Bridge sponsored the first iteration of our Bridge CARES: COVID-19 Relief Fund, provided college scholarships to 12 Bridge Scholars as part of the Bridge to Education program, bolstered the spirit of the Opportunity Zone legislation by sponsoring 38 foster youth at our Archer Avenue project in Queens, distributed 1,500 pairs of athletic shoes to disadvantaged elementary school students as part of the Bridge Boots on the Ground program and supported 7,200 homeless youth with essential supplies via our We Got Your Back initiative. As CEO, Mr. Sodo oversees the business activities of the vertical, including real estate investment decisions, banking relationships, capital origination, investor relations, and executive oversight of the vertical. It currently has one President. Jonathan Slager. Members of IPO Edge get the latest IPO research, news, and industry analysis. Within this new strategy, Bridge will leverage its nationwide real estate platform and deep in-house operating platforms, which is expected to enable Bridge Industrial Net Lease to efficiently acquire, manage, re-lease, and maximize returns in stabilized industrial assets for the strategy. The most recent stock trade was executed by Deborah C Hopkins on 20 July 2021, trading 6,000 units of BRDG stock currently worth $96,000. SALT LAKE CITY, Utah--(BUSINESS WIRE)-- Please complete this form to receive a copy of the TIGER 21 quarterly Asset Allocation report. Net Income was $18.2 million and $272.4 million for the quarter and year ended December 31, 2022, respectively. Managements presentation of the company roadshow is available here. Building on Bridges deep industry expertise and multi-cycle track record as a seasoned owner/operator, Bridge Office offers specialized opportunities in acquiring well-located, high-quality office assets with outstanding risk/reward metrics. 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. SALT LAKE CITY, Utah-- (BUSINESS WIRE)-- Bridge Investment Group Holdings Inc. (NYSE: BRDG) ("Bridge" or the "Company") today reported its financial results for the fourth quarter and year ended December 31, 2022. Robert's mailing address filed with the SEC is C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SANDY, UT, 84070. Robert Morse - Executive Chairman - Bridge Investment Group | LinkedIn Robert Morse Executive Chairman: Bridge Investment Group Wilson, Wyoming, United States 1K followers 500+ connections. The firm operates as a vertically integrated real estate investment manager in the U.S. BRDG has performed well during the pandemic and appears positioned to benefit as the U.S. exits the pandemic period, so the IPO is worth consideration. Mr Morse owns over 20,000 units of Bridge Investment stock worth over $964,420 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. 646-844-0901 Mr Morse is 66, he's been the Exec. The estimated Net Worth of Robert Randolph Morse is at least $2.27 Million dollars as of 24 May 2022. Robert R. Morse received an undergraduate degree from Yale University, an undergraduate degree from Harvard Law School and an undergraduate degree from Harvard Business School. Bridge Multifamily has seen strong demand from the triple play of opportunity: millennials, seniors and immigrants, said Colin Apple, Co-Chief Investment Officer for the Bridge Multifamily Strategy. delay times for all exchanges). The transaction will add significant assets to the Bridge platform, while enabling Bridge to expand into the rapidly growing private equity secondaries market. PD=Previous Day. We provide the highest level of value to our residents, from best in class amenities to a dedicated social programming center at each community. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); TIGER 21 is the premier membership community for high-net-worth wealth creators and preservers. 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. 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. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. Bridge Investment Group Holdings Inc. (BRDG). NEW YORK--(BUSINESS WIRE)--Bridge Investment Group LLC (Bridge) today announced the launch of its industrial net lease strategy (Bridge Industrial Net Lease), which aims to focus on acquiring attractively priced mission critical industrial net lease real estate scaled for diversification and durable income in prime U.S. growth markets. Charlotte Morse Chairman of Bridge Investment, the total compensation of Mr Morse at Bridge Investment is $1,305,863. Distributable Earnings of Bridge Investment Group Holdings LLC (the Operating Company) was $35.6 million, or $0.21 per share after-tax, for the quarter ended December 31, 2022 and $187.9 million, or $1.10 per share after-tax, for the year ended December 31, 2022. In addition, he makes $1,305,863 as Exec. Robert Randolph Morse is the Exec. Mr. Freeman has over 10 years of commercial real estate experience and has been involved in the acquisition, management and disposition of more than $1 billion in commercial real estate assets. The company is currently expediting the delivery of vaccines to our 11,000 seniors housing residents on an accelerated basis and we continue to support our communities as the pandemic continues. Bridge Investment Group (NYSE:BRDG) has filed to raise $300 million in an IPO of its Class A common stock, according to an S-1/A registration statement. 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. Additionally, Mr. Morse was a co-founder of SSB Capital Partners, a $400 million private equity fund formed in 2000. charlotte.morse@bridgeig.com, Jonathan Keehner / Kara Brickman / Erik Carlson 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. There are no older and 5 younger executives at Bridge Investment. Chairman of Bridge Investment since . The launch of this strategy and the appointments of these individuals mark an important move for Bridge into the industrial space. Free cash flow during the twelve months ended March 31, 2021, was $129 million. Our team is focused on creating transit-oriented work/live/play mostly multifamily developments that are positive catalysts for job growth and urbanization in these communities. Bridge Investment Group Holdings Inc. (NYSE: BRDG) (Bridge or the Company) today reported its financial results for the fourth quarter and year ended December 31, 2022.
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