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Bridge Investment Group Pays $70.3 Million for Silver Spring Apartment Community

Ares Management Nets $12 Million Profit in Sale of 399-Unit Spring Parc Complex to Utah Firm
By Rachel Silverio
August 14, 2018 | 1:30 P.M.

Bridge Investment Group, a Utah-based real estate investment and property management firm with more than $10 billion in assets under management, expanded its East Coast holdings with the purchase of a 399-unit apartment community in suburban Washington, D.C., for $70.25 million, or slightly more than $175,000 per unit.

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News | Bridge Investment Group Pays $70.3 Million for Silver Spring Apartment Community