The firm operates as a vertically integrated real estate investment manager. Bridge Investment Group Chairman Robert Morse and the Willet's . Last updated: 4 January 2023 at 4:00pm EST. The estimated Net Worth of Robert Randolph Morse is at least $2.32 Million dollars as of 24 May 2022. Bridge Investment Group Holdings Inc. (NYSE: BRDG) (Bridge or the Company) today reported its financial results for the fourth quarter and year ended December 31, 2022. The presentation is titled Fourth Quarter 2022 Earnings Presentation.. Chairman at Bridge Investment. Get IPO Edge with actionable research on next-generation high growth stocks. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. All Rights Reserved. All statements other than statements of historical facts may be forward-looking statements. It currently has one President. As an integrated property manager, we seek to deliver outstanding value for the rental dollar, through the provision of extensive community and social programming at our communities, to deliver much more than simply four walls and a roof to our valued residents.. The transaction is expected to close in the first half of 2023 and is subject to customary closing conditions, including regulatory and investor approvals. Senior Managing Director & President, Bridge Debt Capital Markets . 35 years experience in real estate, finance and software companies. Investor Contact Charlotte Morse Bridge Investment Group 646-844-0901 Charlotte.Morse@bridgeig.com Contacts Media Contact Kaitlin Newingham Prosek Partners 646-818-9050 knewingham@prosek.com Last updated: 1 March 2023 at 11:00am EST. They are joined by Managing Director, James Freeman. Chairman of Bridge Investment since . I have no business relationship with any company whose stock is mentioned in this article. Morgan Stanley is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 22.7% since their IPO. There are no executives at Bridge Investment getting paid more. Bridge Investment Group Launches Bridge Industrial Net Lease Strategy Get them exclusively at IPO Edge. Charlotte.Morse@bridgeig.com, Internet Explorer presents a security risk. Additional disclosure: My research is focused on identifying quality IPO companies at a reasonable price. Our Team | Bridge Investment Group Bridge AMBS has had a successful year deploying capital into the agency mortgage-backed securities market. In a macro environment in which yield is very hard to come by, the Bridge Debt Strategies investment thesis has delivered 9-11% net to the investor returns in three prior vehicles and has maintained that target in its current vehicle. Executive Chairman. Bridge Multifamily has seen strong demand from the triple play of opportunity: millennials, seniors and immigrants, said Colin Apple, Co-Chief Investment Officer for the Bridge Multifamily Strategy. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. Although we dont have perfect visibility into the expected distribution yield, my sense is that it will be substantially higher than Brookfield or other similar firms, at least initially. Founder of Primus Financial Holdings Ltd., Robert R. Morse currently is Executive Chairman of Bridge Investment Group Holdings, Inc. Bridge Investment Group Raises $2.9 Billion for Bridge Debt Strategies Acquisition of Newbury Partners View press release View presentation, In 2020, Bridge raised over $2 billion in capital and deployed nearly $3 billion in new assets across investment verticals. Mr. Morse currently serves on the investment committees for the general partners of Bridge MF/CO Funds I, II, and. As Co-CIO, Mr. Flickinger oversees the sourcing, negotiating and structuring of investments throughout the U.S. Terms of Use. Brandon Flickinger, Co-CIO of the Fund Manager is a co-founder of the vertical and member of the Investment Committee of the General Partner, with over 18 years of experience in the real estate, finance, and investment banking industries. Bridge declared a quarterly dividend of $0.17 per share of its Class A common stock, payable on March 24, 2023 to its Class A common stockholders of record at the close of business on March 10, 2023. The market opportunity for being a vertically integrated real estate management firm in the U.S. is substantial, especially during a period following the COVID-19 pandemic, which may present some interesting buying opportunities for nimble investors. Participants are asked to dial in a few minutes prior to the call to register for the event. Tj Stanley Investment Group,Inc. of Florida I wrote this article myself, and it expresses my own opinions. Interested parties may access the conference call live over the phone by dialing 1-877-405-1210 (domestic) or 1-201-689-8721 (international) and requesting Bridge Investment Group Holdings Inc.s Fourth Quarter 2022 Earnings Conference Call. Chairman of Bridge Investment, the total compensation of Mr Morse at Bridge Investment is $1,305,863. An audio replay of the conference call will be available approximately three hours after the conference call until 11:59 p.m. Net Income was $18.2 million and $272.4 million for the quarter and year ended December 31, 2022, respectively. ET on February 28, 2023 and can be accessed by dialing 1-877-660-6853 (domestic) or 1-201-612-7415 (international), and providing the passcode 13736320. delay times for all exchanges). Bridge Investment Group Holdings Inc. QuoteMedia. Mr Morse owns over 20,000 units of Bridge Investment stock worth over $1,009,649 and over the last 10 years he sold BRDG stock worth over $0. Looking for more investing ideas like this one? Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. On average, Bridge Investment executives and independent directors trade stock every 0 days with the average trade being worth of $46,431. If you have an ad-blocker enabled you may be blocked from proceeding. Please. Effective as of today, this team will be led by Chief Executive Officer (CEO), Mike Sodo; Co-Chief Investment Officer (Co-CIO), Matt Tucker; and Co-CIO, Brandon Flickinger. Robert Randolph Morse Net Worth (2023) | wallmine Over the last 2 years, insiders at Bridge Investment have traded over $0 worth of Bridge Investment stock and bought 6,300 units worth $100,800 Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Bridge ended 2020 with over $25 billion of AUM. He is also on the board of Amkor Technology, Inc. Bridge combines its 4,200+* person, nationwide operating platform with specialized teams of investment professionals focused on select US real estate verticals, which Bridge believes offer above-market opportunity: multifamily, office, seniors housing, affordable housing, opportunity zones, and debt strategies. Start with a 14-day Free Trial. There are no executives at Bridge Investment getting paid more. Mr. Morse made investments on behalf of Citigroup clients across multiple asset classes, including equities (public and private), corporate acquisitions, distressed and mezzanine debt and real estate. Bridge Investment Group Holdings Inc ( NYSE: BRDG) Q4 2022 Results Conference Call February 14, 2023 8:30 AM ET Company Participants Bonni Rosen - Head of Shareholder Relations Katherine. Bridge Investment Group Holdings Inc. 15 minutes unless otherwise indicated (view Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of the Company or any investment fund managed by the Company or its affiliates. Acquisition of Newbury Partners View press release View presentation. dvelopper et amliorer nos produits et services. Management is headed by Chief Executive Officer Jonathan Slager, who has been with the firm since its inception and has more than 35 years experience in real estate, finance and software companies. The event will also be available live via webcast which can be accessed here or from our Investor Relations website https://ir.bridgeig.com. Most recently he exercised 20,000 units of BRDG stock worth $93,600 on 24 May 2022. Use tab to navigate through the menu items. Their collective experience is vital to our success as we move into the increasingly important industrial net lease vertical., About the Bridge Industrial Net Lease team. SALT LAKE CITY, Utah--(BUSINESS WIRE)-- Market Data copyright 2023 QuoteMedia. Members of IPO Edge get the latest IPO research, news, and industry analysis. You can see the complete history of Mr Morse stock trades at the bottom of the page. Our team is focused on creating transit-oriented work/live/play mostly multifamily developments that are positive catalysts for job growth and urbanization in these communities. As Executive Chairman, Robert is integrally involved in the management, strategy and capitalization of Bridge. Working at Bridge Investment Group | Glassdoor During Roberts tenure, Citigroup was awarded the Best Bank in Asia award annually by FinanceAsia, EuroMoney and The Asset magazines and in selected client surveys. Vice Chairman & Head of Client Solutions Group. I am not receiving compensation for it (other than from Seeking Alpha). Please disable your ad-blocker and refresh. I analyze fundamental company performance and my conclusions may not be relevant for first-day or early IPO trading activity, which can be highly volatile and unrelated to company fundamentals. Banyan Investment Group is a growing leader in the Hotel Investment and Management industry. Bridge Investment Group Holdings, Inc. (BRDG) Q3 2022 Earnings Call 51 Ratings. Bridge believes it is the leading Opportunity Zone Fund manager. Joele Frank, Wilkinson Brimmer Katcher The transaction will add significant assets to the Bridge platform, while enabling Bridge to expand into the rapidly growing private equity secondaries market. Free cash flow during the twelve months ended March 31, 2021, was $129 million. Bridge Office Fund Manager LLC (Bridge Office) targets value-add commercial office assets in US prime suburban submarkets. We provide the highest level of value to our residents, from best in class amenities to a dedicated social programming center at each community. Terms of Use. Mr. Morse served as Chief Executive Officer of Citigroups Asia Institutional Clients Group from April 2004 to October 2008, where he provided direct management oversight of Citigroups $5 billion of proprietary capital. Bridge Investment Group Holdings Inc. issued a full detailed presentation of its fourth quarter and full year 2022 results, which can be viewed on the Investors section of our website at www.bridgeig.com. With a focus on investing in value-add multifamily housing properties in MSAs with strong macroeconomic prospects, Bridge Multifamily Fund Manager LLC (Bridge Multifamily) aims to add value by transforming unit interiors and common areas, increasing tenant satisfaction, and adding profound social and community program amenities, all to achieve strong occupancy and rent growth. PD=Previous Day. The underlying investments, in Government-guaranteed agency mortgage backed securities have never experienced a single dollar of defaults.