Bridge Investment Group, now operating under Apollo Global Management, is in the spotlight as lenders shop a roughly $629 million commercial mortgage-backed securities package tied to 11 of the firm’s multifamily properties across Sun Belt markets. Together, the buildings cover nearly 5,000 apartments, and the clear heavyweight in the mix is Chapel Hill, a 1,183-unit complex in Lewisville, Texas. The deal is drawing attention in part because Bridge has long played the role of both owner and lender, and shifting this debt into CMBS moves more of the risk off Bridge’s balance sheet and into the bond market.
CMBS Deal Hits The Market
The $629 million offering bundles loans on 11 Bridge properties into a single securitization, according to CoStar. If it prices as planned, a sizable slice of Sun Belt apartment debt that Bridge currently holds would instead sit inside a CMBS deal sold to investors.
Bridge Folded Into Apollo’s Platform
On Sept. 2, 2025, Apollo completed its acquisition of Bridge, turning the firm into a consolidated piece of Apollo’s broader asset management business, per Apollo. That backing gives Bridge access to deeper capital channels and helps explain why major banks are comfortable lining up to help market the securitization.
Chapel Hill Is The Headliner…