Keppel Pacific Oak US REIT (SGX:CMOU) agreed to acquire Bridge Crossing from Bridge Investment Group Holdings Inc. (NYSE:BRDG) for $46 million on July 28, 2021. In a related transaction, Keppel Pacific Oak US REIT 105 Edgeview from Invesco Real Estate Limited for $59.1 million on July 28, 2021. The acquisitions were funded through a combination of debt financing and an over-subscribed private placement offering that raised gross proceeds of approximately $65 million.

The transaction is expected to be completed in 3Q, 2021. Jay O'Meara, Morgan Hillenmeyer, Roscoe High and Ryan Reethof of CBRE represented Bridge Investment Group Holdings.