Announced
Completed
Synopsis
Bridge Investment Group, a forward-integrated real estate private equity firm, completed the acquisition of certain assets of Gorelick Brothers Capital, a privately held, vertically integrated investment management firm, for $30m. "We are delighted to add the Gorelick team and their carefully curated SFR portfolio to the Bridge family. We have long been investors in the residential real estate sector and are excited to expand into the single-family market. The addition of SFR capabilities enhances our residential activities, and positions Bridge to offer additional investment opportunities to investors to benefit from the protracted US housing shortage. Concurrent with the recapitalization of the portfolio, Bridge is launching an investment strategy to further expand our SFR activities in selected prime growth markets in the US," Robert Morse, Bridge Executive Chairman.
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