TRANSACTION SUMMARY

On July 17th, ACRE announced the final close effective June 30th of its second real estate credit fund, securing $1 billion in commitments and reaching the vehicle’s hard-cap. ACRE Credit Fund II was launched in February 2023 and attracted backing from pension funds, insurance companies, endowments, family offices and other global institutional investors.

The new fund expands ACRE’s lending platform at a time when traditional banks are scaling back from direct real estate lending. With more than $7 billion of real estate transactions executed since inception and approximately $4 billion in current lending capacity, ACRE has built a vertically integrated business model that combines debt and equity capabilities. This structure allows the firm to deploy both GP and LP capital alongside operating partners and developers, positioning it as a preferred capital provider for multifamily sponsors.

Through Fund II, ACRE is expected to target refinancing situations, selectively support new construction, and offer structured financing across multifamily, build-to-rent, student housing, and senior living sectors across the US.

ACRE

ACRE operates as a vertically integrated real estate private equity and multifamily specialist, with activity spanning investment, development, and management of income-producing residential assets.

• Manages institutional capital across four equity and two debt strategies

• More than 25,000 apartment units across 75 properties in 31 cities

• Geographic presence in the US, UK, and Southeast Asia

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With a broad geographic focus, ACRE targets core-plus markets nationwide and maintains flexibility in its lending approach. Its debt platform provides exposure across multiple residential sectors, including multifamily, build-to-rent, student housing, and senior living, where the firm has increasingly sought opportunities to fill the gap left by traditional lenders.

ROLE

SHP worked with ACRE on the successful fundraise for ACRE Credit Fund II by facilitating LP commitments and assisting it to exceed its target, and reach $1 billion in capital commitments.