ACORE Capital Raises $1 Billion for North American Hospitality Rescue Capital Investments
Feb 16, 2021•over 4 years ago
Amount Raised
$1 Billion
Description
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.