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Apollo looks to boost real estate business with $1.5 billion deal

Acquisition of Bridge Investment Group to add multifamily, industrial property portfolio to firm's holdings
Among Bridge Investment Group's property holdings is this 1,183-unit apartment complex at 300 E. Round Grove Road in Lewisville, Texas. (Adnan Jebbeh/CoStar)
Among Bridge Investment Group's property holdings is this 1,183-unit apartment complex at 300 E. Round Grove Road in Lewisville, Texas. (Adnan Jebbeh/CoStar)
CoStar News
February 24, 2025 | 5:54 P.M.

Global alternative asset manager Apollo agreed to buy commercial property owner and lender Bridge Investment Group for $1.5 billion as the industry expects improving real estate prices and deals.

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