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CEDARst™ Companies and Bridge Investment Group Announce $90M Opportunity Zone Development in San Diego
Dec 31, 2024•over 1 year ago
Contract Type
partnership
San DiegoReal EstateReal Estate InvestmentDescription
CEDARst Companies has secured $40 million in equity capital, led by a joint venture with Bridge Investment Group, for its $90 million, 180-unit development project in the South Park neighborhood of San Diego. The project is situated in a qualified opportunity zone and represents the fourth deal between CEDARst and Bridge Investment Group. This partnership further underscores the strength and opportunity of the San Diego market.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months