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Direct Investment  + Alternative Assets  + CLOs  + Real Estate  | 
ACORE Prices $1.1B CRE CLO Backed by Multifamily, Industrial Loans

ACORE Prices $1.1B CRE CLO Backed by Multifamily, Industrial Loans

Commercial real estate debt manager ACORE Capital has closed ACORE 2026-FL1, a $1.1 billion managed CRE CLO backed by an initial pool of 22 loans secured primarily by multifamily and industrial properties. The transaction was sponsored by ACORE Credit Partners II REIT, Inc. and places investment-grade securities with institutional investors. 

“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. “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.” 

Wells Fargo Securities served as sole structuring agent. JPMorgan, Morgan Stanley, Goldman Sachs and Capital One acted as joint bookrunners, with Sumitomo Mitsui Banking Corporation as co-manager. 

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. The firm manages about $18 billion in assets. 

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ACORE Capital, LP

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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