NEW YORK, NY – ACORE Capital, LP announced the closing of ACORE Credit IV, the firm's first discretionary commingled real estate debt fund, totaling $556 million. Additionally, the firm closed $2 billion of separate account mandates. The fund and separate accounts will focus on originating and managing transitional commercial real estate debt investments and target lending opportunities in the US, creating a combined lending capacity of up to $7 billion.
Approximately 62% of the fund is committed (net of reserves), with 19 investments representing $308 million of fund equity capital committed, which are diversified by property type, geography and borrowers.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
