ACRE

Reaching New Heights in Cleveland! ⬆ We recently celebrated the Topping Out of our UCI Stokes West project in University Circle, bringing us closer to delivering 263 units in this vibrant Cleveland neighborhood. Positioned between The Cleveland Clinic, Case Western Reserve University, and The Cleveland Museum of Art, UCI Stokes West will offer an unmatched living experience. A huge thank you to our partners, Geis Companies, LDA architects, Inc., Northwest Bank, and the skilled trades whose dedication made this milestone possible. Onward to the next phase! Brent Zimmerman, MBA, Les Menkes, Jeff Goldstein, Brian Smith, Jesse Kehoe, Dina Rancourt, CAPS, Daniela Marin Rey #RealEstateDevelopment #Cleveland #Ohio #Development #ACRE #UniversityCircle #RealEstate #Fairfax #Multifamily

ACRE Credit recently provided a $58.5 million first mortgage bridge loan to Madison Capital Group Holdings, LLC for the refinance of Madison Waterstar, a newly constructed, 320-unit multifamily property in the Kissimmee submarket of Orlando, FL.  ACRE Credit continues to deploy capital actively into multifamily properties nationwide and is proud to work with top Sponsors such as Madison Capital Group to provide capital solutions throughout the ongoing market volatility! Daniel Jacobs Stephen Kennelly Samuel Browne Lauren Villano Andrew Lieber Nicholas Vittorio #MadisonWaterstar #OrlandoFL #Kissimmee #FloridaRealEstate #Multifamily #MultifamilyRealEstate #RealEstate #CommercialRealEstate #ACRE #BridgeLoan

We're thrilled to welcome Adam Kayne to the ACRE family! Adam is joining our Atlanta office as an Asset Management Associate. He brings extensive experience from his previous role at Landmark Properties, where he played a key role in managing a national student housing portfolio. His investment management expertise will be a great addition to our team.   Welcome aboard, Adam! 🤝   #WelcomeToACRE #AssetManagement #NewHire #ACREFamily  

The ACRE team is excited to introduce Sydney Schmerzler as our new Senior Associate, Investor Relations and Business Development. Sydney brings extensive experience in business development, marketing, product development, and fundraising. Her impressive background includes roles such as Senior Real Estate Analyst at Liberty Mutual Insurance and 3.5 years with CBRE Global Investors on the Indirect Investment team. We’re sure Sydney’s expertise will be a fantastic addition to the ACRE family. Welcome aboard, Sydney!

🌟 Exciting News from ACRE! 🌟   We are thrilled to announce the successful closing of the first 40 townhomes at Adela at Orange Blossom! This milestone not only marks a significant achievement in our partnership with Lennar but also underscores our commitment to delivering high-quality single-family rentals (SFR) in thriving markets.   Adela at Orange Blossom perfectly embodies our strategic vision in the SFR sector. This project highlights ACRE's dedication to addressing high-demand, underserved markets by offering premium living spaces that meet the growing need for low-density housing. As lifestyle preferences shift towards more spacious homes with access to top-tier schools, expansive outdoor areas, and recreational amenities, Adela at Orange Blossom stands out as an ideal solution.   This success would not have been possible without the hard work and expertise of ACRE's closing team. A heartfelt thank you to Michael Van Der Poel, Jeff Goldstein, Bret Hewett, Brian Smith, Jonathan Frizzell, J.D. Hunt, and Dina Rancourt, CAPS. Your dedication has been crucial to this achievement, and we are incredibly proud of your efforts.   We also extend our sincere gratitude to our partners at Lennar—Chris Hasty and Darin McMurray—for their invaluable collaboration and support.   Stay tuned for more updates as we continue to grow our portfolio and bring top-quality rental homes to vibrant communities.   Learn more about Adela at Orange Blossom:  https://lnkd.in/eXMctyx4   #ACRE #Lennar #SFR #BTR #RealEstate #RealEstateDevelopment #AdelaAtOrangeBlossom #HousingMarket #RealEstateInvesting #SuccessStory

ACRE is at the forefront of the real estate investment industry, continually pioneering new trends and expanding its reach. We invite you to become an integral part of our dynamic growth. As we continue to evolve and scale, we seek a visionary Director of Acquisitions to lead our Miami office. This role offers the opportunity to drive innovation and strategy at a thriving company. Embark on a rewarding career journey with us and become a valued member of the ACRE family. https://lnkd.in/eF5bpMvu

Exciting Development Update from ACRE: UCI Stokes West Takes Flight in Cleveland! 🚀 We are delighted to share that our latest project, UCI Stokes West, has officially gone vertical in Cleveland’s vibrant University Circle submarket! UCI Stokes West promises to redefine modern living with its remarkable offerings: 255 multifamily units, 8 townhomes, and a wide array of amenities. Highlights include extensive co-working spaces and a unique reclaimed wood library, which pays homage to the rich heritage of the Fairfax neighborhood. The development will also feature art curated by local artisans, enhancing the Stokes Blvd streetscape with creativity and vibrancy. Les Menkes, ACRE's Founding Partner, expressed our excitement: "We are excited to be part of the UCI Community and look forward to continuing our commitment to the greater Cleveland market. This will be a fantastic property for residents and showcases our dedication to innovation, sustainability, and thoughtful design.” Stay tuned for our grand opening in summer 2025! Jeff Goldstein, Michael Van Der Poel, Dina Rancourt, CAPS, Jesse Kehoe, Daniela Marin Rey, Brian Smith #Multifamily #ACRE #Cleveland #Ohio #UniversityCircle #RealEstate #Fairfax #RealEstateDevelopment #Development

ACRE Credit recently provided a $52,500,000 first mortgage bridge loan to a joint venture between Slate Real Estate Partners and DDelta Real Estate Investments for the refinance of Medina Highlands, a newly constructed, 309-unit multifamily property in the Upper Austin submarket of Austin, TX. Upper Austin is one of the city’s fastest growing areas and is home to a plethora of excellent food and dining venues, employers, outdoor recreation options, and higher education.  Medina Highlands features 10-foot ceilings, open-concept kitchens outfitted with pantry and prep islands, stone countertops, stainless steel appliances, washers and dryers, oversized closets, smart home technology, as well as personal patios or balconies. Community amenities include a fitness center, resort-style pool, outdoor recreation space with barbeques, iCafe, co-working lounge, lounge room with chef’s kitchen, package concierge, garage with reserved parking, valet trash collection, and game room. Daniel Jacobs Stephen Kennelly Andrew Lieber Samuel Browne Lauren Villano Nicholas Vittorio #ACRECredit #AustinTX #Multifamily #RealEstate #BridgeLoan #UpperAustin #MultifamilyRealEstate

We're #hiring a new Asset Management Associate in the Atlanta Metropolitan Area. Apply today or share this post with your network.

The ACRE team is delighted to welcome our new Credit Controller, Lindsay Nightingale, as the newest member of our Accounting Team. Lindsay joins us with an extensive background exceeding a decade in private equity and credit fund accounting. We are confident that Lindsay’s expertise will be invaluable to our team. Welcome to ACRE, Lindsay!