The Meadows at Marlborough. Photo courtesy of Google Maps

A Salt Lake City real estate investor closed on a 1,722-unit portfolio of Massachusetts apartment complexes in a series of transactions totaling $372 million.

A fund managed by Bridge Investment Group Holdings acquired the Boston-area workforce and affordable housing portfolio, comprising a group of multifamily complexes in five suburbs. The seller was Harbor Group International of Norfolk, Virginia.

The transactions mark Bridge Investment Group’s entry into the Greater Boston market. They include 100 Arbor Drive in Shrewsbury, 45 West St. in Stoughton, 738 Plain St. in Marshfield, 158 Concord Road in Billerica, 79 Broadmeadow St. in Marlborough and 39 Briarwood Lane in Marlborough, according to data compiled by The Warren Group, publisher of Banker & Tradesman, and information provided by Bridge Investment Group Holdings.

The publicly-traded alternative investment manager had nearly $49 billion in assets under management as of June 30. It plans upgrades to unit interiors and common areas at the Massachusetts properties, according to a press release.

“We will provide social and community programming that focuses on the education, health and financial wellness of our residents. We aim to create vibrant, thriving communities that are more than just ‘four walls and a roof’ and look forward to enhancing the quality of life for our Boston-area residents,” Rachel Diller, chief investment officer for Bridge’s workforce and affordable housing strategy, said in a statement.