Bridge Investment Group has raised $1.6 billion for its commercial real estate debt strategy, the company said on Wednesday.
The company’s Bridge Debt Strategies platform will invest these commitments in first mortgage floating-rate loans, mezzanine loans, preferred equity and government-sponsored-enterprise Freddie Mac securities, according to a statement.
The strategy focuses on “underserved parts of the [commercial real estate] debt space” including credit backed by multifamily, office, senior housing and medical properties, the statement read.
