NAA’s Top Employers Awards pay tribute to management companies and suppliers from across the rental housing industry that have exceeded expectations in creating a culture that emphasizes growth and contribution. The awards are divided into four categories, one for suppliers and three for management companies. The management company categories are designated for small businesses of up to 100 employees, medium businesses with 101-500 employees and large businesses with more than 500 employees.

“We are thrilled to be recognized as a Top Employer by the National Apartment Association.  This award is a testament to our amazing team and their commitment to fostering a positive and empowering work environment.  At Bridge Property Management we know that our people and teams are our greatest asset.  This recognition validates our ongoing efforts to create a culture where employees feel valued, supported, and empowered to succeed.  We extend our sincere gratitude to our employees, whose passion and dedication to provide exceptional service to our residents and customers is truly inspiring.  This award fuels our passion to continue to create an even better future for our team and our company.”   Matt DeGraw, CEO Bridge Property Management.

Employees and their satisfaction, measured through an anonymous survey, determine the award winners and finalists in each of the categories. The survey results are provided to all nominees to help organizations better understand and recognize employee sentiment.

“Congratulations to Bridge Property Management for demonstrating what it means to have a workforce that focuses on continuous learning,” said NAA President and CEO Bob Pinnegar. “Their employees made it clear that Bridge Property Management understands that investing in its workforce is crucial toward its success.”

About Bridge Property Management

Bridge Property Management and its affiliates are a vertically integrated real estate investment and property management firm that employ approximately 1,400 + people and manage over 60,000 multifamily units. Bridge Property Management is a real estate property manager whose principals have over 25 years of success in owning, operating and managing multifamily communities and commercial office buildings.

About NAA

The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of 141 state, local and global affiliates, NAA encompasses more than 95,000 members representing over 12.5 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. To learn more, visit https://naahq.org. NAA thanks its Strategic Partners AppFolio, The Home Depot Pro, Lowe’s Pro Supply and Yardi.

The post Bridge Property Management Announced as 2025 NAA Top Employers Award Winner appeared first on Bridge Property Management Blog.

Salt Lake City, Utah — Post District Residences, a new apartment community in Salt Lake City, officially opens its doors to residents seeking a modern, upscale living experience. Featuring 580 spacious units, state-of-the-art amenities, and a prime location, Post District Residences is the premier destination for those looking to live, work, and play in the heart of Salt Lake City.

"We are thrilled to welcome residents to Post District Residences and provide a broad range of housing options along the income spectrum with rents ranging from $1200-$4000 while allowing everyone access to our amazing amenities," said Nick Gonzalves, Director – Head of Western U.S., Acquisitions & Development, Bridge Investment Group. "Post District Residences is designed with our residents' needs in mind, and we are confident they will love calling Post District Residences their home. Post District Residences is a prime example of what the Opportunity Zone Program was designed to do – bring capital to areas that needed some love, create housing, jobs, and sustainable communities. In conjunction with the 580 new multifamily units, we re-purposed existing industrial buildings for retail/office uses to preserve the City’s character and add a certain flavor to the project. A fusion of the old and the new. Post District Residences is a true and full live/work/play neighborhood that will have something for everyone in Salt Lake to enjoy.”

Post District Residences offers a variety of floor plans, including studio, one-, two-, and three-bedroom options, each boasting upscale finishes such as stainless-steel appliances, refrigerators with water and ice makers, and in-unit washer and dryer. Additionally, each residence showcases open-concept living spaces and large windows bringing in natural light ensuring residents enjoy a comfortable and stylish living environment.

Designed by architecture firm MVE + Partners, Post District Residences’ plans recently received an award of merit and is nominated for a PCBC Gold Nugget Grand Award in the category of Best On-the-Boards Multi-Family Community. “As MVE and Partners approaches its 50^th anniversary, we are so appreciative of our partnerships with Bridge Investment Group, Lowe Property Group, BCG Holding and Q Factor and the trust they place in us to create innovative architectural design,” said Pieter Berger, principal at MVE + Partners.

Residents of Post District Residences have access to a wide array of amenities designed to enhance their lifestyle. Post District Residents will have access to resort-style features and inspiring spaces, like a 7,000+ square foot fitness center with cutting edge equipment, indoor/outdoor pools, rooftop decks with sweeping views, golf simulator, and a creative space for artists and content creators. For added convenience, Post District Residences also offers plenty of on-site parking, pedestrian friendly streets, and easy freeway access. BCG Holdings, Principal – Brandon Blaser added “The amenities at Post District Residences create a community within the development. Aside from housing, this project is creating proximity to retailers and restaurants, entertainment, and walkability, all of which contribute towards a successful neighborhood.”

Located at 575 South 300 West,Post District blends what is loved about Salt Lake City into one vibrant neighborhood. Ben Lowe, co-owner of Lowe Property Group says “Post District is reshaping a broad area located right off the primary entrance and exit to Salt Lake City. It’s the first thing you see as you come into the city and the last thing you see as you leave the city.” This is where the city’s creativity, history, and industry meet to form a community full of incredible restaurants, business space and retail. Post District will be welcoming some of Salt Lake City’s best new restaurants and retail including Urban Hill, Sunday’s Best, Level Crossing Brewing Company, MENSHO and Traeger Grill’s worldwide headquarters.

Post District Residences is currently leasing and invites prospective residents to schedule a tour to experience the premier living experience firsthand. For more information or to schedule a tour, please visit www.liveatpost.com or call 385-350-4187.

About Bridge Investment Group

Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $48.8 billion of assets under management as of March 31, 2023. 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.

About BCG Holdings

BCG Holdings is a Salt Lake City-based real estate developer and investor predicated on impact, sustainability, and placemaking. BCG has sourced and capitalized ~200M of adaptive re-use, development, and acquisition investments in Salt Lake City since its founding in 2018. The BCG team has a depth of real estate development and investment experience in numerous markets across the country.

About Lowe Property Group

Lowe Property Group (LPG) is a family real estate development and investment firm located in Salt Lake City, Utah. During its 35-year history, LPG has developed 2,000+ residential units and currently manages a real estate portfolio of more than $1BN in existing properties and pipeline developments.

About MVE + Partners

Celebrating almost 50 years in the industry,MVE + Partners provides architecture, planning, and interiors from its multiple studios across the United States to its clients across the globe. MVE + Partners’ mission is to design with passion, collaborate successfully, and sustainably enrich the communities it influences to continually deliver buildings that are exceptional by design.

Investor Relations Contact:
Charlotte Morse
Bridge Investment Group Holdings Inc.
[email protected]

Media:
Charlotte Morse
Bridge Investment Group Holdings Inc.
(877) 866-4540

The post Post District Residences Now Open: Experience Premier Living in Salt Lake City, Utah appeared first on Bridge Property Management Blog.

a 240-unit studio apartment community in the Tenderloin

Innovative partnership of Forge Development Partners and Bridge Investment Group

is creating a model for future workforce housing and sustainable development

SAN FRANCISCO (Oct. 20, 2022) – Designed to address the critical workforce housing gap in San Francisco, TL Residences, a pioneering studio apartment community in the city’s vibrant Tenderloin neighborhood, made its official debut and will welcome residents in November.

Created by Forge Development Partners, the new mid-rise development offers the most technically advanced and sustainable market-rate housing for the “missing middle,” the essential workers who form the city's backbone but are often priced out of housing near their workplaces.

“TL Residences is a visionary model for integrating pioneering sustainability principles, pioneering technology, and high-quality living environments to create an eco-friendly lifestyle for the middle market,” said Robert Hannum, founder, and CEO of Forge Development Partners (Forge), a San Francisco-based development company focused on providing urban solutions for the nationally underserved area of essential housing. “We believe the ultimate success of this innovative partnership and scaled-unit community will inspire other cities to build similar workforce housing.”

Dozens of community leaders, including San Francisco Mayor London Breed and California State Senator Scott Weiner, project development team members, and neighbors attended a ribbon-cutting ceremony and open house on Oct. 20, 2022, celebrating the completion of TL Residences, a two-building luxury studio apartment community at 361 Turk St, and 145 Leavenworth St., featuring 240 scaled units in a group occupancy environment, as well as more than 3,000 square feet of street-level commercial space. World-renowned San Francisco-based architecture firm Gensler is the architect of record for the development.

A unique partnership between Forge and Bridge Investment Group (Bridge), a real estate investment manager, brought the pioneering project to life. Bridge’s structured financing, coupled with Forge’s innovative construction and environmental practices, has established San Francisco’s first privately owned and financed buildings that offer means-tested rent controls for workforce housing.

• Thirty-one units will be available at below-market rate to renters with qualifying annual incomes of $32,000, as mandated by the City of San Francisco’s Office of Housing and Inclusionary Housing Ordinance.
• An additional 94 units will be made available to renters with voluntarily imposed qualifying annual incomes ranging from $75,000 to $80,000.
• The remaining units are affordable by design, allowing Forge and Bridge to rent those units at a market rate of $2,467 to $3,791 per month.

“TL Residences marks another milestone on Bridge’s journey to provide communities with access to quality workforce housing,” said Rachel Diller, Co-CIO, Bridge Housing Investments. “The income restriction Bridge and Forge elected to place on this housing is especially significant, as it will help ensure these units are kept affordable for working San Franciscans for decades to come.”

Inspired by the global trend of scaled, affordable-by-design residences, Forge created scaled units ranging from 230-280 square feet, rich with contemporary features offering multiple uses, such as moveable multi-purpose furniture and walls that allow the same space to transition from living room to bedroom to maximize space. TL Residences boast life-enriching amenities, including a rooftop lounge, community kitchen, yoga studio, and pet zone — all serving as an extension of residents’ living space, merging community with comfort in a lively atmosphere.

In addition to being affordable by design, TL Residences is driven by cleantech, or technology that is working to reduce negative environmental impacts, making it one of the most technologically advanced and environmentally sustainable buildings in San Francisco, with systems that allow for remote control of energy use, waste-water recycling for reduced consumption, and other environmentally sound practices.

Both buildings include solar thermal water heating systems that reduce overall water boiler gas usage by 30% when compared with traditional systems. Moreover, the buildings incorporate a state-of-the-art HVAC system that provides the highest level of air quality available in multifamily units. The HVAC system uses the most efficient MERV 13 antimicrobial filters on the market to create a pressurized hypoallergenic air supply for each building, filtering out wildfire smoke and industrial pollutants, which is becoming more important due to climate change, as well as viruses including COVID-19. Forge’s commitment to develop these units as cleantech drives its commitment to sustainability and climate responsibility.

“Our goal was to build the housing that San Francisco’s middle-income families need, while incorporating Forge’s foundational principles of sustainability, innovation, and luxury,” added Hannum, “We also wanted to create a rich urban lifestyle within a strong and vibrant community.”

It was crucial to Forge and Bridge that TL Residences create a platform that would help the community become healthier, more educated, and more financially stable. To that end, Forge partnered with Project Access Resource Center to offer free, on-site health, financial and educational programs, such as afterschool childcare, fitness classes, financial literacy workshops, and more.

The public art adorning the development’s building façades also speaks to the development team’s commitment to community investment. In Jan. 2022, Forge and the Architectural Foundation of San Francisco (AFSF) announced 10th grader Eva Nusbaum-Faust and 11th grader Sofia Regenbogen from the Ruth Asawa San Francisco School of the Arts as the winners of a community-based design competition for the permanent installation of the perforated, metal panel facades on both TL 361 and TL 143. The students worked with Gensler, the development’s design architect, to transform the winning concepts into permanent facades for each new building. Nusbaum-Faust’s design was inspired by nature and the rich community of the Tenderloin she experienced when visiting the development site, designed to “show the threads of the community as hands and ribbons connected together.”

“TL Residences illustrates our commitment to cutting-edge research in sustainability and the value and impact of smart environmental practices,” added Hunnam. “The ultimate success of this development demonstrates what can be achieved when innovations in sustainability, technology, and design come together for the public good.”

Future community residents can visit www.livetlresidences.com to learn more about the TL Residences and apply for units.

About TL Residences

TL Residences is a two-building, 240-unit luxury studio apartment community located in the heart of San Francisco in the vibrant Tenderloin neighborhood at 361 Turk St. and 145 Leavenworth St. Envisioned by Forge Development Partners and Bridge Investment Group to address the workforce housing gap, TL Residences provide a group occupancy environment for people earning less than $80K/year with no government assistance. Affordable housing reaching 40% of the area median income, is also available. Designed by world-renowned San Francisco-based architectural firm Gensler, TL Residences is one of the most technologically advanced developments in San Francisco, placing sustainability and environmental innovation at the forefront of design, with systems that allow for remote control of energy use, waste-water recycling for reduced consumption, and more. The community represents an exceptional opportunity to live in a convenient area with proximity to blue-chip employers in the Civic Center, Financial District, and South of Market District; accessible to transit via BART, MUNI, and rideshares; and walkable to the city’s best, shopping, dining, entertainment, and cultural destinations. For more information about TL Residences, professionally managed by Bridge Property Management, visit the rental office located at 361 Turk St., San Francisco, CA 94102; call (415) 853-2516, or visit online at www.livetlresidences.com.

About Forge Development Partners, LLC

Based in San Francisco, Forge Development Partners (Forge) is a preeminent development company focused on providing urban solutions for the nationally underserved area of essential housing. Forge’s holistic approach encompasses building design and construction, the use of technology, and concierge residential management to improve the resident experience and benefit the surrounding community. Using innovative design and construction techniques, Forge’s projects are scalable, sustainable, and environmentally beneficial. Instead of relying on government subsidies, the company’s overall approach attracts Impact Investors while providing a rental price point that offers maximum residential value at a reasonable cost. Forge’s latest project is TL Residences, a 240-unit co-living studio apartment community in San Francisco’s vibrant Tenderloin neighborhood. For more information, visit: www.forgedevelopmentpartners.com.

About Bridge Investment Group

Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $42 billion of assets under management as of June 30, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease, and real estate-backed credit.

Media and Investor Relations Contact:

Charlotte Morse

Bridge Investment Group Holdings Inc

[email protected]

(877) 866-4540

The post San Francisco Celebrates Grand Opening of TL Residences appeared first on Bridge Property Management Blog.

The mixed-use community features 474 residences and over 82,000 square feet of retail space leading the charge of revitalizing Downtown

HAYWARD (August 30, 2022) – Lincoln Landing, Downtown Hayward’s largest and newest development, announces leasing has begun for Phase One of the project including 474 multifamily residences. Located on an 11.5-acre site at 22301 Foothill Blvd, Lincoln Landing first broken ground in 2019 by Dollinger Properties in a partnership with Bridge Investment Group (“Bridge”) and is the first major project in one of Downtown Hayward's five Opportunity Zones. Lincoln Landing also features over 82,000 square feet of retail space that will be anchored by City Sport.

“Lincoln Landing will play a key role in the revitalization of Downtown Hayward,” said Dominic Li Mandri, District Manager for the Downtown Hayward Improvement Association. “This is the sixth residential or mixed-use residential development to break ground on Foothill and Mission boulevards in the last two years. This project will have a significant economic impact on Downtown, bringing in much-needed foot traffic to the community that will support the many local businesses that are still in recovery.”

Dollinger Properties and Bridge Investment Group contributed nearly $1.7 million to the city's trust fund for the creation and preservation of income-restricted housing affordable to moderate and low-income households.

Centrally located Downtown, residents are minutes away from the best restaurants and shopping along with the Hayward BART Station, and outdoor spaces including the Japanese Friendship Gardens and Lake Chabot Regional Park. Lincoln Landing features an assortment of studio, one-bedroom, two-bedroom, and three-bedroom apartments. Interiors are uniquely vintage with a modern flair with designer finishes such as vinyl hardwood finished flooring, porcelain tile bathrooms, high ceilings, and quartz countertops. The community spaces were designed with comfort in mind and include a state-of-the-art fitness center, a resort-style pool and spa, a dedicated pet spa and grooming area, co-working spaces and conference rooms, a social lounge and clubroom with a game area, and a variety of on-site retail spaces soon to come.

David Coelho, Chief Investment Officer for Bridge’s Opportunity Zone Fund strategy, added: “Lincoln Landing fits well within Bridge’s mandate to provide much needed, high-quality housing to address the area’s housing shortage as well as establish a vibrant live/work/play community. The property’s location next to I-880 and I-580, access to 82,000 square feet of retail on the ground floor and walkability to Downtown Hayward, and quality on-site amenities help create an exciting project.”

Phase One of Lincoln Landing is now open, with the completion of Phase Two anticipated for fall 2022. Bridge Property Management will manage the multifamily and Dollinger Properties the retail. To schedule a visit, learn more and stay up-to-date with the latest news, visit www.lincolnlandingapartments.com and follow them on Instagram @LincolnLandingApts.

About Dollinger Properties

Dollinger Properties is a multi-generational family-owned real estate development firm focused on the long term ownership of commercial property.  Based in Redwood City, Ca., Dollinger Properties owns and manages over 80 premier properties in California representing more than 7 million square feet of space.

Bridge Investment Group:

Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $42 billion of assets under management as of June 30, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit.

About the Downtown Hayward Improvement Association (DHIA)

The Downtown Hayward Improvement Association (DHIA) was established in 2018 to manage the funds secured by the Downtown Hayward Benefit District and enhance the community of Downtown Hayward by administering the enhanced services. The DHIA advocates on behalf of its members’ best interest in area of public safety, beautification, promotion, and economic development. All services administered by the DHIA are intended to directly benefit the property, business owners and residents withing this area to help support increased commerce, business attraction and retention, retain and increase commercial property rentals, enhanced safety and cleanliness within the district boundary, improved district identity, and eventually fund specialized beautification projects. The DHIA is run by a Board of Directors consisting of 11 individuals representing various businesses and property owners. For more information, please visit www.visithaywardca.com

The post Lincoln Landing – New Development in Downtown Hayward appeared first on Bridge Property Management Blog.

Forge Development Partners and Bridge Investment Group’s Contemporary Scaled Living Apartments Now Available to Lease

TL Residences offer 240 modern, tech-forward apartments in the Tenderloin neighborhood in San Francisco

***

SAN FRANCISCO, CALIFORNIA – AUGUST 24, 2022 – Forge Development Partners (Forge) and Bridge Investment Group are pleased to commence leasing at their newest community: TL Residences, a 240-scaled unit apartment home community across two buildings, strategically located in the heart of the evolving Tenderloin and designed to address the critical workforce housing gap in San Francisco.

TL Residences offers the most technically advanced and sustainable market-rate housing for the “missing middle,” the essential workers who form the backbone of San Francisco but are often priced out of housing near their workplaces. Forge, inspired by the global trend of scaled, affordable-by-design residences, created units that are rich with contemporary features offering multiple uses, such as moveable multi-purpose furniture and walls that allow the same space to transition from living room to bedroom, as a means to maximize space. TL Residences boasts life-enriching amenities, including a rooftop lounge, community kitchen, gym and yoga studio and pet zone, that will serve as an extension of residents’ living space, merging community with comfort in a lively atmosphere.

In addition to being affordable by design, TL Residences is driven by Clean-tech, or technology that is working to reduces negative environmental impacts, and as such is one of the most technologically advanced and environmentally sustainable buildings in San Francisco, with systems that allow for remote control of energy use, waste-water recycling for reduced consumption, and other environmentally sound practices. Forge’s commitment to develop these units as Clean-tech drives its commitment to sustainability and climate responsibility.  In addition to cutting-edge environmental initiatives, it was crucial to Forge and Bridge that TL Residences create a platform that would help the community become healthier, more educated and more financially stable. As such, Forge partnered with Project Access Resource Center to offer health, financial and educational programs at no cost to the TL Residences community. Project Access will provide free, on-site programs, including afterschool childcare programs, fitness classes, financial literacy workshops and more.

“Our goal in developing the TL Residences was to create a rich urban lifestyle within a strong and vibrant community,” stated Forge Founder Richard Hannum. “We wanted to build the housing that San Francisco’s middle-income families need, while incorporating Forge’s foundational principles of sustainability, innovation and luxury.”

Through a unique partnership between Forge and Bridge Investment Group (Bridge), a real estate investment manager and industry leader in Environmental, Social, and Corporate Governance (ESG) integration, TL Residences has established San Francisco’s first privately owned and financed buildings that offer means-tested rent controls for workforce housing. Thirty-one units will be available at below-market rate to renters with qualifying annual incomes of $32,000, as mandated by the City of San Francisco’s Office of Housing and Inclusionary Housing Ordinance. An additional 94 units will be made available to renters with qualifying annual incomes ranging from $75,000 to $80,000. The remaining units are affordable by design, allowing Forge and Bridge to rent those units at a market rate of $2,467 to $3,791 per month.

Rachel Diller, Bridge’s Senior Managing Director and Co-Chief Investment Officer for the Workforce and Affordable Housing vertical, added: “TL Residences marks another milestone on Bridge’s journey to provide communities with access to quality workforce housing. The income restriction Bridge and Forge elected to place on this housing is especially significant, as it will help ensure these units are kept affordable for working San Francisco families for decades to come.”

Bridge’s structured financing, coupled with Forge’s innovative construction and environmental practices, guarantees affordable and modern workforce housing in TL Residences. Future community members can visit www.livetlresidences.com to learn more about the TL Residences and apply for units. Forge and Bridge anticipate residents will begin moving in on October 1, 2022. They will also be hosting an open house in mid-October 2022, with more details to follow soon!

***

Forge Development Partners, LLC: Forge Development Partners, LLC is a preeminent development company focused on providing urban solutions for the nationally underserved area of essential housing. Their holistic approach encompasses building design and construction, the use of technology, and concierge residential management to improve the resident experience and benefit the surrounding community. Through the use of innovative design and construction techniques, Forge’s projects are scalable, sustainable and environmentally beneficial.  Instead of relying on government subsidies, the company’s overall approach attracts Impact Investors while providing a rental price point that offers maximum residential value at a reasonable cost.

Bridge Investment Group: Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $42 billion of assets under management as of June 30, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit.