Fund name: Bridge Multifamily Fund IV
Amount raised: $1.6bn
Target size: $1.25bn
Stage of fundraising: Final Close
Final close date: December 2019
Time on the road: 23 months
Predecessor Fund: Bridge Multifamily & Commercial Office Fund III ($958m)
Bridge Investment Group held reached a final close of Bridge Multifamily Fund IV, with $1.6 billion in committed capital. The fund was targeting $1.25 billion. The value-add fund will invest in mid-market multifamily sectors in North America.