Main menu


Bridge Investment Group Announces Expansion into PropTech

featured image

SALT LAKE CITY — Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) announces the launch of its latest strategy, Bridge Ventures, and the hiring of Jeremy Ford as Chief Investment Officer of Bridge Ventures announced.

While the real estate industry has increased adoption of technology solutions in the post-pandemic era, U.S. investment and innovation in the sector has outpaced other industries (such as financial services, healthcare, and education) as a percentage of its share. Still lagging behind US GDP. The growth of e-commerce, remote workspaces, ESG adoption, and the digitization of real estate all contribute to this increase in adoption as the PropTech market evolves. Bridge Ventures will pursue investments in his industry-leading PropTech funds, with a focus on both early- and late-stage his PropTech companies.

Bridge Ventures Chief Investment Officer Jeremy Ford said: “We see great opportunities to deploy and scale new technologies by leveraging the Bridge portfolio directly, which we expect will serve as a catalyst for market adoption and value creation.”

Ford joins Bridge Investment Group from REEF Technology, where he was head of real estate strategy. Prior to REEF Technology, he held roles at BLG Capital Limited and The Carlyle Group. He holds a Bachelor of Science degree from Georgetown University’s Edmund A. Walsh School of Diplomatic Services and a Master of Business Administration degree from Georgetown University’s Robert His Emmet His McDonagh Business School and Fulbright, Spain. I was also a scholarship student.

Bridge Executive Chairman Robert Morse said: “His 17-year tenure in the real estate industry brings invaluable experience and leadership to the Bridge Ventures team as the company expands into his PropTech world.”

About Bridge Investment Group

Bridge is a leading vertically integrated real estate investment manager with approximately $38.8 billion in assets under management as of March 31, 2022, diversified across specialized asset classes. Real estate industry: rental housing, offices, developments, logistics facilities, net leasing, real estate secured financing.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that relate to future events or our future performance or financial condition. All statements other than statements of historical fact may be forward-looking statements. In some cases, “prospect”, “could”, “believe”, “expect”, “may”, “opportunity”, “continue”, “may”, “will , “should”, “over time”, “seek”, “anticipate”, “intend”, “plan”, “estimate”, “expect”, “foresee” or any of these words negative form of, other comparable words or other statements that are not historical or factual. Accordingly, such forward-looking statements are based on beliefs, assumptions and expectations as of the date on which they are made regarding future performance in light of all information available at the time. be careful. These statements are not guarantees of future performance, conditions or results, which are difficult to predict and involve numerous risks and uncertainties beyond our control. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including, but not limited to, risks described from time to time in our filings with the Securities and Exchange Commission. may vary. Forward-looking statements speak only as of the date they are made. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or a solicitation of an offer to buy any of our securities or investment funds managed by us or our affiliates.