ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Bridge Investment Group Continues to Improve in the 2024 GRESB Real Estate Assessment

Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Firm”) demonstrates its ongoing commitment to sustainability transparency by participating with six vehicles in the 2024 GRESB Real Estate Assessment.

Each year, GRESB assesses and benchmarks the environmental, social, and governance (“ESG”) performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics.

In its fourth year as a GRESB member, Bridge submitted six assessments for vehicles within the following strategies: Workforce and Affordable Housing, Multifamily Housing, Seniors Housing, and Logistics Properties.

All five recurring reporting vehicles achieved significant point increases from the previous year, ranging between 14-24%. Our newest Logistics Properties reporting vehicle had an excellent inaugural year score, forming a strong baseline for future years.

Every reporting vehicle earned at least two Green Stars, with one earning three Green Stars, a designation that reflects strong absolute performance in the assessment.

Additionally, all participating vehicles achieved 29.78/30 points in the management section of the assessment. This reflects strong Bridge leadership, policies, reporting, risk management, and stakeholder engagement for the firm. The strong management scores also resulted in high management rankings in comparison with peers across the board.

“Our GRESB progress is a demonstration of intentional hard work by many team members across our firm to support our sustainability efforts,” said Robert Morse, Executive Chairman at Bridge. “We have a collective vision to achieve improved operational efficiencies, enhanced climate resiliency planning, increased ESG data collection, and healthier buildings for our tenants and residents.”

The GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals, and emerging regulations. This year’s Real Estate Assessment saw a record 2,223 listed and non-listed portfolios participate, generating a benchmark that covers $7 trillion of gross asset value (“GAV”) across 80 markets.

GRESB data is used by hundreds of capital providers and thousands of asset managers to benchmark investments across portfolios, and to better understand the opportunities, risks and choices that need to be made as the industry transitions to a more sustainable future.

About GRESB

GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making. For more information, visit GRESB.com.

About Bridge Investment Group

Bridge is a leading alternative investment manager, diversified across specialized asset classes, with approximately $49.2 billion of assets under management as of September 30, 2024. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select verticals across real estate, credit, renewable energy and secondaries strategies.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.53
+0.00 (0.00%)
AAPL  278.78
+0.00 (0.00%)
AMD  217.97
+0.00 (0.00%)
BAC  53.95
+0.00 (0.00%)
GOOG  322.09
+0.00 (0.00%)
META  673.42
+0.00 (0.00%)
MSFT  483.16
+0.00 (0.00%)
NVDA  182.41
+0.00 (0.00%)
ORCL  217.58
+0.00 (0.00%)
TSLA  455.00
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.