The global investment firm has nearly doubled its real estate AUM following the decision to purchase Bridge Investment Group for approximately $1.5 billion in stock. The deal will further cement Apollo’s foundations and see its real estate AUM exceed $110 billion. The firm’s ambitions are to hit $1.5 trillion by 2029. Hopefully this deal will represent a ‘bridge of highs’. Bridge’s Executive Chairman Bob Morse is to head up Apollo’s real estate equity business. Bridge focuses on real estate debt as part of its strategy offering, in addition to multi-family housing, logistics and industrial net lease. You could say Apollo is a fan of Bridge(t) Loans!