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ACORE Capital Raises $1 Billion for North American Hospitality Rescue Capital Investments

ACORE Capital Raises $1 Billion for North American Hospitality Rescue Capital Investments

02/16/21, 3:02 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$1 billion
ACORE Capital, LP (“ACORE”), one of the largest global credit managers focused exclusively on commercial real estate lending, today announced that it has raised $1 billion to launch ACORE Hospitality Partners (“AHP”), an investment strategy backed by a group of institutions, which is focused on providing North American hotel operators with rescue capital to navigate the ongoing COVID-19 pandemic.

Company Info

Company
Acore Capital
Location
san francisco, california, united states
Additional Info
ACORE Capital, LP is a leading commercial real estate finance company and debt fund manager with approximately $17 billion of assets under management. ACORE is focused on originating, acquiring and managing first mortgages, B-notes, mezzanine debt and preferred equity throughout the United States. ACORE, which is an acronym for Alpha Commercial Real Estate, specializes in providing borrowers with customized financing solutions at competitive rates and flexible terms. For more information, please visit www.acorecapital.com.

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