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Asia Capital Real Estate (ACRE) Provides 11 Loans Totaling More Than $360M for U.S. Multifamily Properties

By   /  September 21, 2021  /  Comments Off on Asia Capital Real Estate (ACRE) Provides 11 Loans Totaling More Than $360M for U.S. Multifamily Properties

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NEW YORK–()–Asia Capital Real Estate (ACRE), a global real estate private equity and debt firm, today announced it closed on 11 bridge loans since August 1, totaling approximately $360 million to support multifamily buildings in high-growth markets across the U.S.

Issued through ACRE’s debt fund “ACRE Credit I”, the loans will support the acquisition, lease-up, redevelopment and recapitalization of multifamily assets in markets such as Chicago, Illinois; Dallas, Texas; Las Vegas, Nevada; Gainesville, Florida; and Cincinnati, Ohio. To date, the Fund has now provided more than $1 billion whole loans across 25 transactions.

“August was a record month for our ACRE Credit fund, and that momentum has carried…



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