Bridge Investment Group Announces Hiring of Alison Brown as President of Bridge Property Management and Deputy Chief Investment Officer for Bridge Workforce and Affordable Housing Strategy
03 Giugno 2024 - 2:15PM
Business Wire
Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or
the “Company”) today announced Alison Brown will be joining the
Company as President of Bridge Property Management and Deputy Chief
Investment Officer for Bridge’s Workforce and Affordable Housing
Strategy, effective July 1, 2024.
Brown brings over 25 years of real estate experience and a
proven track record of building and supporting successful teams.
She joins Bridge from LivCor, a Blackstone portfolio company, where
she served as Senior Vice President of Operations and led the “Good
Owner” program, setting national expectations for LivCor operating
partners to embrace residents and local communities with integrity
and service.
“Alison’s leadership in overseeing a broad array of property
management partners will contribute greatly to the continual
improvement of our already best-in-class in-house operating
capabilities, as she brings industry-leading practices to Bridge,”
said Matt DeGraw, CEO of Bridge Property Management.
Robert Morse, Executive Chairman of Bridge, added, “Alison’s
deep operating expertise will further enhance Bridge’s high-touch,
vertically integrated approach to our residential rental platform,
which today spans nearly 60,000 units.”
“We are thrilled to welcome Alison to Bridge and as Deputy CIO
of our award-winning Workforce and Affordable Housing strategy,”
said Rachel Diller, Chief Investment Officer for Bridge Workforce
and Affordable Housing. “Alison’s expertise in property management
is a hallmark for how Bridge has sought to combine investment and
operations since our founders began investing in 1991. We believe
this senior-level alignment between the vision for an asset with
its execution drives performance for our investors and intrinsic
value to our residents.”
Brown added that “I worked with Bridge Property Management as a
third-party operator for almost a decade in my prior role at LivCor
and could not be more excited to join such a talented team.” She
went on to say “Bridge’s Workforce and Affordable Housing strategy
has been a catalyst for positive change, and I look forward to
playing a key role to preserve, develop, and rehabilitate workforce
and affordable housing in America.”
Bridge Workforce and Affordable Housing is dedicated to
building, preserving, and rehabilitating predominantly
non-government subsidized housing wherein at least 51% of residents
earn below 80% of area median income (“AMI”), meeting the needs of
the large and priced-out “missing middle” of U.S. renters with
high-quality affordable housing and onsite social and community
programming.
Bridge Property Management (“BPM”) employs approximately 1,200
people and manages approximately 60,000 multifamily units.
About Alison Brown
Alison Brown is a real estate executive with over 25 years’
experience that spans a variety of industry verticals, with a
passion for leading teams and building relationships. Alison began
her career at the Ritz Carlton, with a disciplined focus on the
guest experience. She built her property management foundation at
EQR, where for over 13 years she held a variety of field and
corporate positions. She then moved to Steadfast, a public
nontraded REIT, where she managed a national portfolio and gained
experience in multiple markets and asset classes, including
supporting the diversification of a high-growth portfolio and
creating a footprint and presence in several new markets. She was
then recruited to LivCor, a Blackstone portfolio company that asset
manages its multifamily assets. It was there in 2019 that she
proposed the creation of a unique asset management role for herself
where she would be responsible for the results and platform
management of LivCor’s 40+ management companies, partnering with
them to deliver significant financial and reputational returns
despite facing the headwinds of a global pandemic and market
uncertainties. Alison resides in Tennessee with her husband of 32
years and their four rescue dogs.
About Bridge Investment Group
Bridge is a leading alternative investment manager, diversified
across specialized asset classes, with approximately $48.0 billion
of assets under management as of March 31, 2024. Bridge combines
its nationwide operating platform with dedicated teams of
investment professionals focused on select U.S. verticals across
real estate, credit, renewable energy and secondaries
strategies.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, which relate to future events or our future performance or
financial condition. All statements other than statements of
historical facts may be forward-looking statements. In some cases,
you can identify forward-looking statements by terms such as
“outlook,” “could,” “believes,” “expects,” “potential,”
“opportunity,” “continues,” “may,” “will,” “should,” “over time,”
“seeks,” “predicts,” “intends,” “plans,” “estimates,”
“anticipates,” “foresees” or negative versions of those words,
other comparable words or other statements that do not relate to
historical or factual matters. Accordingly, we caution you that any
such forward-looking statements are based on our beliefs,
assumptions and expectations as of the date made, taking into
account all information available to us at that time. These
statements are not guarantees of future performance, conditions or
results and involve a number of risks and uncertainties that are
difficult to predict and beyond our control. Actual results may
differ materially from those express or implied in the
forward-looking statements as a result of a number of factors,
including but not limited to those risks described from time to
time in our filings with the Securities and Exchange Commission.
Any forward-looking statement speaks only as of the date on which
it is made. Bridge undertakes no duty 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
solicitation of an offer to buy any securities of Bridge or any
investment fund managed by Bridge or its affiliates.
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version on businesswire.com: https://www.businesswire.com/news/home/20240603549225/en/
Media: Charlotte Morse Bridge Investment Group Holdings
Inc. charlotte.morse@bridgeig.com (877) 866-4540
Shareholder Relations: Bonni Rosen Bridge Investment
Group Holdings Inc. shareholderrelations@bridgeig.com
Grafico Azioni Bridge Investment (NYSE:BRDG)
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Grafico Azioni Bridge Investment (NYSE:BRDG)
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Da Gen 2024 a Gen 2025