Bridge Investment, StepStone Announce Seniors Housing Venture – Globe St.

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Firms combine for a $75 million fund for needs-based seniors housing.

Bridge Investment Group Holdings has launched a $75 million program to acquire, develop, and operate needs-based senior housing assets within the United States.

As part of the venture, StepStone Real Estate (SRE) co-invested in an existing portfolio managed by Bridge and intends to help build the platform by co-investing in other senior housing assets identified by Bridge in the future.

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