ACORE CAPITAL Announces Closing of $1.1 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--ACORE CAPITAL, one of the leading U.S. commercial real estate investment managers, today announced the closing of ACORE 2026-FL1, a $1.1 billion managed commercial real estate collateralized loan obligation (CRE CLO). The CRE CLO’s initial collateral pool consists of 22 loans secured primarily by multifamily and industrial properties. The sponsor of the transaction is ACORE Credit Partners II REIT, Inc.

The offered investment-grade securities have been placed with institutional investors. Wells Fargo Securities, LLC acted as sole structuring agent, with JPMorgan, Morgan Stanley, Goldman Sachs, and Capital One serving as joint bookrunners, and Sumitomo Mitsui Banking Corporation acting as co-manager.

“We’re pleased to partner with such a distinguished group of investment banks and institutional investors on this transaction,” said Warren de Haan, CEO of ACORE CAPITAL. “The successful execution of this CRE CLO demonstrates positive views of our firm, loan portfolio and our disciplined approach to CRE lending. This transaction provides ACORE CAPITAL with an additional source of attractive leverage, furthering our goal of a diversified financing strategy, and delivers favorable term financing.”

This press release is for informational purposes only. It shall not constitute an offer to sell or a solicitation of an offer to buy any securities.

About ACORE CAPITAL
ACORE CAPITAL, LP is one of the leading U.S. commercial real estate investment managers with approximately $18 billion of assets under management. With offices in New York, Los Angeles, Miami, San Francisco and Dallas, ACORE CAPITAL originates, acquires and manages first mortgages, B-notes, mezzanine debt and preferred equity. ACORE CAPITAL’s success has been fueled by its long-standing industry relationships and access to a consistent pipeline of origination opportunities. For more information, please visit WWW.ACORECAPITAL.COM.

Disclaimers
All investments involve a degree of risk, including a risk of loss. There can be no assurances that the transaction described above will ultimately benefit investors.

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. ACORE assumes no obligation to update or revise any such forward-looking statements except as required by law. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside ACORE’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.