Bridge Investment (BRDG)

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Invesco Commercial Real Estate Finance Trust, Inc. ("INCREF") Provides $354.6M To Refinance Industrial Portfolio
Prnewswire· 2025-06-13 15:34
Core Insights - Invesco Commercial Real Estate Finance Trust, Inc. (INCREF) has provided $354.6 million in financing to Bridge Logistics Properties (BLP) for refinancing an industrial assets portfolio [1][3] - The portfolio consists of 24 properties totaling 2,454,761 square feet located in key states including California, Washington, Texas, New Jersey, New York, and Florida [2] - This financing aligns with INCREF's strategy of originating high-quality, income-generating loans secured by institutional quality assets in liquid markets across the US and Europe [3] Company Overview - INCREF is a perpetual life real estate investment trust focused on private credit secured by real estate, managed by Invesco Advisers, Inc. [4] - Invesco Real Estate, a global leader in real estate investment management, manages $85 billion in real estate assets and has a workforce of 605 employees across 21 regional offices [5] - Bridge Logistics Properties is a vertically integrated logistics real estate investment manager founded in 2021, led by experienced professionals from notable firms [7][8] Financial Strategy - The loan provided to BLP is characterized as a sub-70% loan-to-value loan secured by a diversified portfolio of well-leased, cash-flowing industrial properties [3] - With this financing, INCREF's portfolio now totals 61 loans representing over $3.6 billion in loan commitments across the US and Europe [3] Market Position - BLP focuses on value-driven investment strategies and collaborates closely with institutional capital partners, targeting coastal and gateway markets in the US [8] - Bridge Investment Group, the parent company of BLP, manages approximately $49 billion in assets and operates across various specialized asset classes [10]
BRDG STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of Bridge Investment Group Holdings Inc. (NYSE: BRDG) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-15 12:01
PHILADELPHIA, May 15, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) shareholders. Click here for additional information: https://kaskelalaw.com/case/bridge-investment-group/ On February 24, 2025, Bridge announced that it had agreed to be acquired by investment firm Apollo in a stock-for-stock transaction. According to the announcement, Bridge stockholders and ...
BRIDGE INVESTMENT SHAREHOLDER ALERT: The Law Firm of Kaskela Law LLC Announces Investigation of Bridge Investment Group Holdings Inc. (NYSE: BRDG) Proposed Buyout and Seeks Additional Consideration for BRDG Shareholders
GlobeNewswire News Room· 2025-05-13 16:12
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Bridge Investment Group Holdings Inc. to assess the fairness of the offer to its shareholders [1][3]. Group 1: Acquisition Details - On February 24, 2025, Bridge announced an agreement to be acquired by Apollo in a stock-for-stock transaction [2]. - Bridge stockholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock, valued at $11.50 per share [2]. Group 2: Investigation Focus - The investigation aims to determine if Bridge's shareholders are receiving adequate consideration for their shares [3]. - It will also assess whether the company's officers or directors breached their fiduciary duties or violated securities laws in the sale agreement with Apollo [3]. Group 3: Legal Representation - Bridge shareholders are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [4]. - Kaskela Law LLC represents investors in securities fraud and merger & acquisition litigation on a contingent basis, meaning no out-of-pocket costs for clients [4].
Bridge Investment (BRDG) - 2025 Q1 - Quarterly Report
2025-05-09 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to Commission File Number: 001-40622 BRIDGE INVESTMENT GROUP HOLDINGS INC. (Exact name of registrant as specified in its charter) | Delaware | 82-2769085 | | --- ...
Bridge Investment Group Holdings Inc. (BRDG) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 23:35
Bridge Investment Group Holdings Inc. (BRDG) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.06%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.18, delivering a surprise of 12.50%.Over the last four ...
Bridge Investment (BRDG) - 2025 Q1 - Earnings Call Presentation
2025-05-08 20:43
Financial Performance - GAAP Net loss was $376 million for the first quarter[16] - GAAP Net loss attributable to Bridge Investment Group Holdings Inc was $122 million for the first quarter[16] - Loss per share of Class A common stock - basic and diluted was $037 for the first quarter, partially attributed to approximately $170 million in transaction costs related to the Merger Agreement[16] - Distributable Earnings ("DE") of the Operating Company decreased 47% to $170 million[17] from $322 million[17] year-over-year - After-tax DE per share decreased 47% to $009[17] from $017[17] year-over-year Assets Under Management (AUM) - Gross AUM increased 3% year-over-year to $494 billion[17] from $480 billion[17] - Fee-Earning AUM remained unchanged year-over-year at $220 billion[17] - Capital Raised increased 4% year-over-year to $02 billion[17] from $02 billion[17] - Capital Deployed increased 73% year-over-year to $06 billion[17] from $03 billion[17] Revenue - Total Revenue decreased 6% year-over-year to $963 million[17] from $1028 million[17] - Fee Related Revenues decreased from $793 million[25] to $726 million[25]
Bridge Investment (BRDG) - 2025 Q1 - Quarterly Results
2025-05-08 20:17
Exhibit 99.1 BRIDGE INVESTMENT GROUP BRIDGE INVESTMENT GROUP HOLDINGS INC. REPORTS FIRST QUARTER 2025 RESULTS SALT LAKE CITY. UTAH-May 8, 2025-Bridge Investment Group Holdings Inc. (NYSE: BRDG) ("Bridge" or the "Company") today reported its financial results for the quarter ended March 31, 2025. Net (Loss) was $(37.6) million for the quarter ended March 31, 2025. On a basic and diluted basis, net (loss) attributable to Bridge per share of Class A common stock was a loss of $(0.37) for the quarter ended Marc ...
BRIDGE INVESTOR NOTIFICATION: The Law Firm of Kaskela Law LLC is Investigating Bridge Investment Group Holdings Inc. (NYSE: BRDG) and is Seeking Additional Consideration for Shareholders
Prnewswire· 2025-04-16 12:30
Core Viewpoint - Kaskela Law LLC is investigating the fairness of the buyout offer for Bridge Investment Group Holdings Inc. shareholders following the announcement of its acquisition by Apollo [1][3]. Summary by Sections Acquisition Details - On February 24, 2025, Bridge Investment Group announced an agreement to be acquired by Apollo in a stock-for-stock transaction, where Bridge shareholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock, valued at $11.50 per share [2]. Investigation Purpose - The investigation aims to assess whether Bridge's shareholders are receiving adequate consideration for their shares and to determine if the company's officers or directors breached their fiduciary duties or violated securities laws during the sale to Apollo [3]. Legal Representation - Bridge shareholders are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options, with the firm representing investors on a contingent basis, meaning no out-of-pocket costs for legal representation [4].
Kuehn Law Encourages BRDG, CMRX, WBA and SYTA Investors to Contact Law Firm
Prnewswire· 2025-03-11 18:20
Mergers and Acquisitions Overview - Kuehn Law, PLLC is investigating potential claims related to several proposed mergers, focusing on whether the Boards acted to maximize shareholder value, failed to disclose material information, and conducted a fair process [1][2][3] Specific Mergers - Bridge Investment Group Holdings Inc. has agreed to merge with Apollo, where Bridge shareholders will receive 0.07081 shares of Apollo stock for each share [1] - Chimerix is set to merge with Jazz Pharmaceuticals, with Chimerix shareholders receiving $8.55 per share in cash [2] - Walgreens Boots Alliance will merge with Sycamore Partners, offering Walgreens shareholders $11.45 in cash and a non-transferable right to receive up to $3.00 in cash per share [2] - Siyata Mobile will be acquired by Core Gaming, with Siyata issuing common shares to Core Gaming shareholders [3] Shareholder Engagement - Kuehn Law emphasizes the importance of shareholder participation in ensuring the integrity and fairness of financial markets, encouraging concerned shareholders to get involved [4]
BUYOUT INVESTIGATION NOTICE: Kaskela Law LLC Announces Investigation into Bridge Investment Group Holdings Inc. (NYSE: BRDG) Shareholder Buyout Proposal and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-11 12:30
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Bridge Investment Group Holdings Inc. by Apollo to determine if shareholders are receiving adequate consideration for their shares and if there were any breaches of fiduciary duties or securities laws by the company's officers and directors [1][3]. Summary by Sections - **Acquisition Details** - On February 24, 2025, Bridge announced an agreement to be acquired by Apollo in a stock-for-stock transaction, where Bridge shareholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock, valued at $11.50 per share [2]. - **Investigation Purpose** - The investigation aims to assess whether Bridge's shareholders are receiving sufficient consideration for their shares and to evaluate potential breaches of fiduciary duties or violations of securities laws by the company's management in the sale agreement [3]. - **Investor Contact Information** - Bridge shareholders are encouraged to contact Kaskela Law LLC for more information regarding the investigation and their legal rights, with the firm representing investors on a contingent basis [4].