Invesco Commercial Real Estate Finance Trust Provides $354.6 Million in Financing to Bridge Logistics Properties

Strategic Insights -

Invesco Commercial Real Estate Finance Trust, Inc. (INCREF) has provided $354.6 million in financing to Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group, to refinance an industrial assets portfolio. The portfolio comprises 24 properties, spanning 2,454,761 square feet of industrial assets in California, Washington, Texas, New Jersey, New York, and Florida. This financing aligns with INCREF's strategy of originating high-quality, income-generating loans secured by institutional quality assets in liquid markets.

Key Takeaways:

  • INCREF provided $354.6 million in financing to BLP to refinance an industrial assets portfolio comprising 24 properties, spanning 2,454,761 square feet of industrial assets in six states.
  • The portfolio is secured by institutional quality assets in what INCREF considers to be the most liquid markets around the US and Europe.
  • This financing aligns with INCREF's strategy of originating high-quality, income-generating loans, and the INCREF portfolio now totals 61 like-kind loans representing over $3.6 billion of loan commitments across the US and Europe.
  • BLP is a vertical integrated logistics real estate investment manager led by tenured, multi-disciplinary real estate professionals with experience navigating several economic environments.
  • INCREF is managed by Invesco Advisers, Inc., a subsidiary of Invesco Ltd., and has $85 billion in real estate assets under management as of December 31, 2024.

Statistics:

  • $354.6 million: the amount of financing provided by INCREF to BLP.
  • 2,454,761 square feet: the total square footage of industrial assets in the portfolio.
  • 61: the number of like-kind loans in the INCREF portfolio.
  • $3.6 billion: the total value of loan commitments across the US and Europe by INCREF.
  • 40 years: the history of Invesco Real Estate investing in the real estate market.
  • $85 billion: the total real estate assets under management by Invesco Real Estate as of December 31, 2024.
  • $1.8 trillion: the total assets under management by Invesco globally as of March 31, 2025.
  • 21: the number of regional offices across the U.S., Europe, and Asia Pacific as of December 31, 2024.
  • 605: the number of employees working for Invesco Real Estate as of December 31, 2024.
  • $49 billion: the approximate assets under management by Bridge Investment Group as of March 31, 2025.

Sources:

  • Invesco Commercial Real Estate Finance Trust, Inc.
  • Invesco Real Estate
  • Invesco Ltd.
  • Bridge Logistics Properties
  • Bridge Investment Group
  • PRNewswire