Deal Details
BridgeInvest Forms $300 Million Programmatic Joint Venture
Summary
BridgeInvest LLC (“BridgeInvest” or the “Company”) has entered into a $300 million programmatic joint-venture agreement with an Undisclosed Institutional Investor. Structured as a side car vehicle, the joint venture will invest in short-term, senior-secured loans for commercial real estate projects.
Baird served as exclusive financial advisor to BridgeInvest on this transaction.
About
BridgeInvest is an asset manager and direct lender based in Miami, FL focused on structuring and investing in a diversified portfolio of short-term, senior-secured loans collateralized by commercial real estate assets across the United States. Since its inception in 2011, BridgeInvest has provided over $1.8 billion in development and bridge solutions customized to meet its borrowers’ funding needs. Core market focus includes the Southeast, Texas, and select Northeast states.CONTACT US TO LEARN MORE
- Date
- September 2024
- Company
- BridgeInvest LLC
- Transaction
- Private Capital Markets
- Sectors
- Real Estate
- Verticals
-
Real Estate
- Target Geography
- North America
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