Rivertree Landing Apartments and Puritan Place Apartment Homes Acquired by Bridge Investment Group | Real Estate Services M&A Deal

Bridge Investment Group has completed the acquisition of Rivertree Landing Apartments and Puritan Place Apartment Homes, a property management business in Florida, for $40M. Bridge Investment Group acquisitions focus on multifamily real estate services, including apartment operations and property management acquisition in Tampa-area communities. The Rivertree Landing Apartments and Puritan Place Apartment Homes acquisition supports Bridge Investment Group’s private equity acquisition strategy for stabilized rental assets and ongoing management. The other acquisition closed as a private equity acquisition deal in the $25M–$50M range, with financing reported at $39.7 million and deal size figures also cited around $39M and $40M.