Century Bridge Capital has invested $60 million of equity in two joint venture residential real estate developments in Zhongshan and Wuxi, China that have a total value of $282 million. “These projects are both directly in line with our long-term strategy targeting middle-income residential developments in Tier 2 and 3 cities across China,” said Jeff Tucker, chief operating officer. “There is strong demand for middle-class housing, so typical characteristics we look for include a growing and thriving middle class and well-located properties in infill sights with significant surrounding infrastructure.”Century Bridge is basing its strategy off of China’s major urbanization trend. Indeed, 15 to 20....

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