ACRES in the News
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January 23, 2025
ACRES Funds $32 Million for Multifamily Property in Salt Lake City, UT
Loan to fund a 108-unit, multifamily property. SALT LAKE CITY, UT (DECEMBER 15, 2024) – ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading nationwide middle-market lender specializing in commercial real estate, has funded a $32 million loan for the refinancing of Twenty Ones Apartments, a recently constructed 2 story, 108-unit multifamily property in Salt Lake […]
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January 22, 2025
ACRES Funds $26 Million for Student Housing Property in Madison, WI
Loan to fund a 77-unit, 244 bed student housing property. MADISON, WI (JANUARY 8, 2025) – ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading nationwide middle-market lender specializing in commercial real estate, has funded a $26.325 million loan for the acquisition of Aberdeen Apartments, a high-rise student housing development located on a 0.35-acre site in […]
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January 21, 2025
ACRES Funds $68.5 Million for Class A Industrial Project in Deer Park, NY
Loan to fund a single-story, Class-A industrial property. DEER PARK, NY (DECEMBER 15, 2024) – ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading nationwide middle-market lender specializing in commercial real estate, has funded a $68.5 million loan for the development of 377 Carlls Path a single-story, Class-A industrial property situated in Deer Park, NY. The […]
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January 16, 2025
ACRES Provides $36.95 Million for Retail Property in Miami, Florida
Loan to fund a 61,572 SF retail property in Miami, FL Miami, FL (October 31, 2024) – ACRES Capital Corp. (together with its affiliates, “ACRES”) announced today that it has acquired a $36.95 million loan to refinance the development of Wynwood Walk, a retail property in the Wynwood Arts District, located in Miami, FL (the “Property”) on behalf of […]
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January 7, 2025
ACRES Funds $37.5 Million for Multifamily Property in Patchogue, NY
Loan to fund a 3-story, Class-A, 91-unit, multifamily property. PATCHOGUE, NY (DECEMBER 15, 2024) – ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading nationwide middle-market lender specializing in commercial real estate, has acquired the $37.5 million loan for the refinancing of Greybarn, a premier three-story, Class-A multifamily building situated in Patchogue, NY. The financing […]
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November 14, 2024
ACRES Funds $35 Million for Mixed-Use Development in Miami, Florida
Loan to Support Pre-Development of Three-Building Mixed-Use Site [MIAMI, FL] (SEPTEMBER 12, 2024) – ACRES Capital Corp. (together with its affiliates, “ACRES”) announced today it has secured a $35 million loan to refinance the pre-development of a mixed-use project located at 2400-2500 North Miami Avenue in Miami, FL (the “Property”) on behalf of its Cayman Island Fund. The property […]
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October 9, 2024
ACRES Secures $19 Million for Student Housing Complex in Winston-Salem, North Carolina
Loan to fund the refinancing of a 75-unit student housing complex WINSTON-SALEM, NC (AUGUST 6, 2024) – ACRES Capital Corp. (together with its affiliates, “ACRES”) announced today that it has acquired a $19 million 1st mortgage loan to refinance Deacons Station, a 75-unit student housing complex with a total of 300 beds, located in Winston-Salem, North Carolina (the “Property”) […]
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October 1, 2024
ACRES Provides $15 Million for Multifamily Property in San Diego, CA
Loan to fund a 70-unit mid-rise apartment complex. SAN DIEGO, CA (August 7, 2024) – ACRES Capital Corp. (together with its affiliates, “ACRES”) announced today that it has acquired a $15 million loan to finance the acquisition of City Villas Apartments, a 70-unit multifamily property, located in San Diego, California (the “Property”) on behalf of its Cayman Island Fund. […]
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March 14, 2023
ACRES Capital and Project Destined Announce Strategic Partnership to Mentor Underserved Students to Become the Next Generation of Commercial Real Estate Leaders
UNIONDALE, NY (MARCH 14, 2023) – ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a nationwide commercial real estate middle-market lender, announced its partnership with Project Destined. ACRES Capital’s partnership will support Project Destined and its mission to provide training in financial literacy, entrepreneurship, and real estate to students from underserved communities. ACRES welcomed 15 students […]
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January 5, 2023
ACRES Acquires $34M Self-Storage Loan
Loan to Refinance Self-Storage Property in Hawthorne, CA HAWTHORNE, CA (JANUARY 5, 2023) – ACRES announced today that it has acquired a $34 million loan to refinance Life Storage Hawthorne on behalf of its Cayman Island fund. Located in Hawthorne, CA, the property is a 91,113 SF Class A facility with a total of 986 units. Property […]
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