StepStone Real Estate Invests in Bridge Investment Group Senior Housing Venture
Posted on 02/28/2022
Bridge Investment Group Holdings Inc. (NYSE: BRDG) launched a US$ 75 million program to acquire, develop, and operate needs-based senior housing assets within the United States. As part of the venture, StepStone Real Estate (SRE) co-invested in an existing portfolio managed by Bridge and intends to help build the platform by co-investing in other senior housing assets identified by Bridge in the future.
Bridge Investment Group oversees two senior housing funds: Bridge Seniors I and Bridge Seniors II.
Keywords: The StepStone Group.