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**ACRE Closes Second Credit Fund with $1 Billion in Capital Commitments**
ACRE, a private real estate fund manager specializing in U.S. housing, has successfully closed its ACRE Credit Fund II, securing $1 billion in capital commitments. This fully subscribed fund represents ACRE’s sixth discretionary investment vehicle and its second dedicated credit fund.
“The success of Credit Fund II is a strong endorsement of our firm, our track record, and the opportunity set we see ahead,” said Daniel Jacobs, Managing Partner at ACRE. “We believe the current environment represents one of the most compelling backdrops for multifamily credit in over a decade, fueled by a persistent housing supply-demand imbalance, a wave of loan maturities following historic interest rate hikes, and a fundamental shift in capital treatment across global banks.”
Jacobs added, “With over $4 billion in lending capacity, deep borrower relationships, and a history of disciplined execution across market cycles, ACRE is exceptionally well-positioned to deploy capital into this dislocated market.”
The closing of Credit Fund II further solidifies ACRE’s reputation as a leading lender in the multifamily real estate sector, with a strategic focus on opportunities arising from ongoing economic and structural shifts in the housing market.
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