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One market, one property, and one tenant at a time. The story of our success continues to be written. Catch up on the latest news and information about the award-winning work we’re doing at Bridge.

Amplifying Black Voices: 5 Takeaways from Bridge’s Black History Month Celebration

Todd Mitchell, Director of Property Management at Bridge Commercial Real Estate, Member of the Diversity and Inclusion Committee and Co-Chair of the Black Inclusion Group

Bridge knows that our firm must be as diverse as the communities in which we operate. We believe that diversity is the foundation of excellence, and achieving excellence is predicated on our ability to recruit, develop, promote and retain people from varied backgrounds, cultures, skills and perspectives.

Over the past year, we have experienced not only a global pandemic, but a racial reckoning as well. As a country, we have experienced much change and loss, which made this year’s Black History Month recognition and celebration more important than ever.

Beginning last year, Bridge Investment Group’s Diversity, Equity and Inclusion (DEI) Committee already started meeting to decide how to honor Black History Month in a meaningful way. During these discussions, Bridge’s Black Inclusion Group was formed with a mission to cultivate a diverse and inclusive work culture for Black employees and provide a platform for these employees to bring awareness to important issues through focused initiatives.

On March 24, the Black Inclusion Group launched its first initiative by hosting a firm-wide session titled “Amplifying Black Voices” with John Hope Bryant, founder, chairman and CEO of Operation HOPE Inc., CEO of Bryant Group Ventures and cofounder of Global Dignity. If you’re not familiar with John, this Wall Street Journal article provides a great overview of his work. He has also served as an advisor to three U.S. presidents and is the author of three bestselling books.

In the session with our team, John spoke to employees and shared his insights on economic, social and racial dynamics in the U.S. as well as strategies for how we can be better allies within our offices, properties and communities across the country.

Here are my five key takeaways:

Assess your biases.

Big picture, John’s comments reminded us of some things we already knew, like how people with ethnic-sounding names are 50% less likely to be called back for a job, according to the National Bureau of Economic Research.

Still, the conversation provided encouragement for a new round of self reflection on how we can look inward and assess our own implicit biases. Although sometimes inadvertent, these biases can deeply affect how we interact with our colleagues.  Bridge is actively scheduling training sessions that will allow team members to learn more about unconscious biases.

Adopt more diverse hiring practices.

In order to attract and hire for more diverse talent, companies must first source candidates for job openings in a manner that ensures a diverse slate. Simply put, companies need to cast a wider net to ensure that underrepresented communities are considered for needed services.

I’m very much reminded of former Mayor of Atlanta, Maynard Jackson — the city’s first Black Mayor of any major city in the South — who sponsored programs that ensured minority contractors were included in city-initiated requests for proposals. In addition, Bridge has initiated conversations with several historically black colleges and universities (HBCUs), to explore ways in which the institutions and Bridge can work to increase minority participation in the commercial real estate industry.

Act as an advocate for diverse colleagues.

While one-on-one mentorship focuses on an individual’s skill development, advocacy and sponsorship takes this to the next level by assisting with career vision and advancement. A sponsor champions for diverse employees by actively promoting them to others, and rebuffs criticisms as appropriate.

Hold relational capital to the highest standard.

To create a more inclusive working environment, relational capital should be taken as seriously as financial capital. A company can only thrive when all employees know and feel that their contributions are valued and their personal ideas encouraged. A company must hold their intangible, relational assets to the same standard as its tangible businesses processes and standards.

Expand the leadership team to include diversity officers.

Moving forward, we will need to dedicate more resources to implement and drive initiatives in a way that volunteer committees alone can no longer support. This includes expanding our teams to include employees dedicated full-time to advancing diversity initiatives.

As part of our commitment to diversity, Bridge Investment Group is continuing to work diligently to create more inclusive spaces within our company, regardless of race, gender or other cultural identities. In addition to the Black Inclusion Group, we have made strides through the Bridge Women’s Network, LGBTQ+ Allyship Program, and the recently launched Asian American, Pacific Islander (AAPI) employee resource group. We are also preparing to launch additional resource groups throughout 2021 and beyond.

For more information about Bridge’s Diversity, Equity and Inclusion Committee, please visit www.bridgeig.com/diversity-equity-inclusion.

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Bridge Investment Group Partner John Ward Accepted into Forbes Finance Council

Forbes Finance Council is an Invitation-Only Community for Executives in Accounting, Financial Planning, Wealth and Asset Management, and Investment Firms

ATLANTA (August 7, 2020)  Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced today that John Ward, Partner at Bridge, Chief Investment Officer for Bridge Office Fund Manager LLC and Principal at Bridge Commercial Real Estate, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms.

Ward was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome John Ward into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Finance Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

“I’m honored for the opportunity to join Forbes Finance Council as a contributor,” said Ward. “The commercial real estate industry is in the midst of significant change and innovation, and now more than ever we need forums where leaders can collaborate and exchange ideas that will help guide us through the current challenges and into the next chapter of growth and prosperity. Our team at Bridge has worked hard to develop a formula that’s led to significant value gains in our office portfolio, and I look forward to sharing my knowledge and lessons learned as a Forbes contributor.”

As an accepted member of the Council, Ward has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Ward will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, Ward will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Finance Council, visit forbesfinancecouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

ABOUT BRIDGE INVESMTENT GROUP
Bridge is a privately held real estate investment management firm with $20.1 billion in assets under management. Bridge combines its more than 3,600-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 and Medical Properties, Affordable Housing, Opportunity Zones and Real Estate Debt Strategies.

Bridge principals are owners and operators who are deeply rooted in their assets. In-depth knowledge of local markets, as well as extensive real asset and capital markets expertise, enable Bridge to develop prolific deal flow and to deploy active asset management and monitoring across its business lines.

Bridge’s asset management strategy is specialized and focused in a way that emphasizes current income and capital appreciation while mitigating risk. By making improvements that build lasting communities, increase renter satisfaction, and ultimately bring value to investors, Bridge seeks to create alpha at the asset level.

The principals of Bridge have been investing in and improving communities around the US since 1991 and manage private equity funds, separately managed account vehicles, co-investments, and joint ventures. Bridge seeks to transform assets in a manner that maximizes their potential.

ABOUT BRIDGE COMMERCIAL REAL ESTATE

Bridge Commercial Real Estate (BCRE) is a fast-rising player in the U.S. commercial office market that specializes in creating desirable, next-generation work spaces. BCRE provides world-class commercial office brokerage services, property management, accounting and commercial construction services for Bridge Office assets. With a proven blueprint that delivers long-term value for tenants and investors, our portfolio includes office properties uniquely positioned in dynamic, high-growth markets across the U.S. and continues to grow. We are laser focused on how companies work today – and will work tomorrow. Headquartered in Atlanta, Georgia and Salt Lake City, Utah, BCRE is a subsidiary of Bridge Investment Group, LLC. For more information, visit www.bridgecre-office.com.

Office Amenities Today Are All About The Talent War

Bridge Commercial Real Estate CEO Jeff Shaw participated in BisNow’s 2019 Office of the Future event in Atlanta. Shaw said, “developers and landlords are learning the lessons taught from the success and desire of companies that are actually willing to pay a premium to have both the flexibility and the cool factor of being housed in a coworking operation like WeWork or Industrious.”

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Bridge Investment Group Buys Metro Miami Office Campus

Bridge Investment Group, has acquired Sawgrass Technology Park, an 11-building, 514,332-square-foot office complex in Sunrise, FL. Office spaces between 18,000 and 63,000 square feet are available for lease.

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Out-of-town investor group buys Sorrento office complex

A two-building office complex in the heart of Sorrento Mesa has been snatched up by Salt Lake City-based real estate investment firm Bridge Investment Group. The group’s office fund Wednesday closed on the 97,316 square-foot Cornerstone Plaza for an undisclosed sum.

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Bridge Investment Group’s, Jeff Shaw featured by VTS as one of nine US industry leaders redefining what it means to be a landlord

In How Nine Industry Leaders Are Redefining What It Means to Be a Landlord, Bridge Investment Group’s, Jeff Shaw is identified by VTS as one of nine US industry leaders redefining what it means to be a landlord.

 

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Bridge Investment Group Acquires Station Square in Metro D.C.

Bridge Investment Group announced today the acquisition of Station Square, a 510,200-square-foot, Class-A office complex in the center of the CBD in Silver Spring, Maryland. Directly adjacent to a D.C. Metrorail station and featuring premier access to the Capital Beltway (Interstate 495) and downtown Washington, D.C., the three-building complex includes onsite parking and boasts one of the metro area’s best transit-oriented, live-work-play locations.

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The 10 Biggest Atlanta Office Sales Of 2018

Atlanta’s biggest office purchase of 2018 came just a handful of days after the new year when a San Francisco firm bought Three Alliance Center in Buckhead. That sale set the tone for a market that continued to demonstrate robust investor demand for all things office, with the year expected to end at nearly $4B in sales.

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