BridgeInvest has raised more than $612m (£450.5m) for its speciality real estate credit fund, with limited partner commitments expected to exceed $1bn by 2027.

Miami-headquartered BridgeInvest has announced the second close of the BridgeInvest Specialty Credit Fund V, an open-ended investment vehicle targeting senior-secured, middle-market commercial real estate across the US.

Since launching a year ago, the fifth vintage fund of BridgeInvest’s flagship strategy has invested across 21 senior-secured commercial real estate credit investments in several major US markets, including Miami, New York, San Francisco and San Antonio.

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“The significant volume of commercial real estate debt coming due is creating a substantial financing need across the market,” said Alex Horn, founder and managing partner of BridgeInvest. “BridgeInvest is well positioned to serve that demand, providing capital to experienced borrowers as they acquire and reposition their assets.”

BridgeInvest stated that it expects the fund to focus on first-lien loans across a range of real estate asset types, including multifamily, industrial, retail, hotel and office, as well as business plans including pre-development, development and cash-flowing assets.

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According to the real estate credit investment manager, the fund targets loans with deal sizes between $20m and $150m.

Overall, BridgeInvest manages more than $1.4bn in assets across its investment platform, having closed $780m in loan transactions in 2025.

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