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Apollo-owned firm taps major banks for loan backing nearly 5,000 Sun Belt apartments

Bridge Investment Group's $629 million offering heads to CMBS market
The largest property being refinanced is the 1,183-unit Chapel Hill apartments in Lewisville, Texas. (CoStar)
The largest property being refinanced is the 1,183-unit Chapel Hill apartments in Lewisville, Texas. (CoStar)

Lenders are marketing a $629 million commercial mortgage‑backed securities offering backed by 11 Bridge Investment Group multifamily properties — an uncommon securitization in which Bridge, typically an active lender, is instead the borrower.

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