ACRE

What ACRE does

ACRE (legal name Asia Capital Real Estate Management LLC) is a vertically integrated, multifamily real estate private equity firm founded in 2011, headquartered in New York with additional offices in Miami, Atlanta, and Singapore. The firm operates three core strategies — ACRE Equity (value-add, lease-up, and ground-up development of multifamily and single-family rental housing across the US Southeast, Midwest, and Texas), ACRE Credit (multifamily-backed direct lending including bridge, construction, mezzanine, preferred equity, and Freddie Mac/CLO securitization), and Global Residential (international build-to-rent platforms in Southeast Asia via the HOMA brand and in the UK via the ACRE Cortland Development Platform). ACRE manages $5.2B in assets under management, has deployed over $8.0B across 200+ investments spanning 45,000+ multifamily units, and employs 150+ dedicated professionals.

The firm generates revenue through management fees and performance fees on discretionary private equity funds (Fund I–V) and dedicated credit vehicles (Credit I, Credit II), transaction and structuring fees from loan originations and CLO issuances, development profits from joint venture equity participation, and asset management fees on owned and managed properties. ACRE distributes its investment products directly to institutional investors through a dedicated investor relations team and field sales coverage, with no intermediary distribution partners; the firm has expanded into wealth distribution with the 2025 launch of Global Wealth Solutions and secured approval in 2026 to manage capital for Chilean AFP pension funds. Key capital partners disclosed include StepStone Group ($300M, 2022), Almanac Realty ($320M JV, 2020), and Hamilton Lane (2018 JV).

Name

ACRE

Legal name

Asia Capital Real Estate Management LLC

Website

https://acremgt.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

ACRE is a vertically integrated multifamily real estate private equity firm managing $5.2B AUM through equity, credit, and international build-to-rent strategies for institutional investors across the US, UK, and Southeast Asia.

Ownership category

akta.pro rank

Product category

Real Estate Private Equity and Credit Asset Management

NAICS

Other Financial Vehicles (52599), Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Asset-Backed Securities (6189)

akta.pro primary industry

Residential Real Estate Asset Management (BPAJAMAA)

akta.pro secondary industry

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF)

Keywords

• Multifamily real estate investing
• Private equity real estate
• Real estate credit lending
• Institutional asset management
• Residential housing investments

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Equity Fund Management: ACRE manages dedicated equity and credit vehicles targeting multifamily and single-family rental housing, deploying capital through discretionary funds. The firm generates management fees and performance fees from fund operations.
2. Credit Investment Management: ACRE Credit provides direct loans against high-quality assets including bridge financing, construction finance loans, mezzanine loans, GSE securitizations, and preferred equity investments. Generates interest income and fees from lending activities.
3. Development Returns: ACRE collaborates with developers through joint venture agreements and partnership structures to fund and oversee design and construction of new housing, generating returns through development profits and equity participation.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

ACRE is a vertically integrated multifamily real estate private equity firm that manages dedicated equity and credit vehicles targeting multifamily and single-family rental housing. The firm deploys capital through discretionary funds across direct lending, acquisitions, and development for institutional investors, with capabilities spanning value-add equity investments, real estate credit (bridge, construction, mezzanine, preferred equity, GSE securitizations), and international residential platforms in the UK and Southeast Asia.

Product overview

ACRE is a vertically integrated, multifamily real estate private equity firm with equity and debt capabilities. The firm operates three core investment platforms: ACRE Equity (focused on value-add, lease-up and development of multifamily properties in the US), ACRE Credit (providing multifamily-backed real estate credit investments including bridge loans, construction loans, mezzanine financing, and preferred equity), and Global Residential (international expansion via the HOMA brand in Southeast Asia and UK developments). ACRE manages dedicated equity and credit vehicles targeting multifamily and single-family rental housing through discretionary funds, deploying capital through direct lending, acquisitions, and development. The firm has executed over $8.0 billion in transactions across 200+ investments.

Differentiator

Problem solved

Functional benefit

Brands

• HOMA: Affordable rental housing platform brand in Southeast Asia, launched as a joint venture with Noon Capital in 2018, operating in Thailand and expanding across the region.

Products and services

• ACRE Equity ACRE Equity is ACRE's private equity investment strategy focused on value-add, lease-up and development of residential housing opportunities across the United States. The strategy seeks medium-term capital appreciation and current income through control-oriented investments in multifamily properties across the Southeast, Midwest, and Texas, deployed through dedicated equity fund vehicles.
• ACRE Credit ACRE Credit provides multifamily-backed real estate credit investments in both public and private markets across the capital stack. The fund provides direct loans against high-quality assets and sponsors, including fixed- and floating-rate bridge loans, mezzanine loans, construction finance loans, GSE securitizations, and preferred equity investments.
• Global Residential ACRE's international expansion strategy investing in multifamily developments in Southeast Asia (via the HOMA affordable rental housing brand) and the United Kingdom. The strategy is pioneering institutional multifamily real estate as an emerging asset class in these regions, including affordable rental housing and class-A workforce build-to-rent development.
• HOMA ACRE's affordable rental housing platform brand in Thailand and Southeast Asia. Currently operating with 900+ units and two multifamily developments in Thailand totaling 927 units, with aspirations to be the leading affordable rental housing provider in the region through creation of strong and vibrant communities in key employment centers.
• ACRE Cortland UK Development Platform UK multifamily development platform that will fund four class-A workforce multifamily development projects in the United Kingdom, pioneering institutional build-to-rent as a long-term income-yielding commercial asset class, totaling 1,890 units.
• Global Wealth Solutions ACRE's Global Wealth Solutions distribution offering launched in December 2025 to extend the firm's investment products to wealth market intermediaries, family offices, and high-net-worth investors, led by Managing Director Emily Conte (formerly EVP at Cohen & Steers).

Quantifiable outcome

• More than $8.0 billion in transactions across 200+ investments since founding in 2011
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Noon CapitalcoreStrategic or Co-development Partner · 1 January 2018HOMA was formed in 2018 as a JV between local developer Noon Capital and ACRE. HOMA is developing an affordable rental housing platform in Thailand and subsequently across SE Asia, aiming to be the leading affordable rental housing provider in the region.
• CortlandcoreStrategic or Co-development PartnerACRE Cortland UK Development Platform will fund and support a pipeline of four identified class-A workforce multifamily development projects in the United Kingdom, pioneering institutional build-to-rent as a commercial asset class. Total of 1,890 units.
• Harbor Group InternationalcoreStrategic or Co-development PartnerMay 2026: Harbor Group International, in partnership with The Garrett Companies and Telis Group, completed a $351 million refinancing of senior construction debt on an eight-property multifamily portfolio. The loan was originated by ACRE and arranged by Walker & Dunlop Capital Markets.
• The Garrett CompaniesmajorStrategic or Co-development PartnerPartnership with Harbor Group International on $351 million eight-property multifamily portfolio refinancing. Garrett Companies serves as development partner for properties across Denver, Colorado Springs, Phoenix, Indianapolis, and Minneapolis.
• Telis GroupmajorStrategic or Co-development PartnerPartnership with Harbor Group International on $351 million eight-property multifamily portfolio refinancing. Telis Group serves as development partner.
• Walker & Dunlop Capital MarketsminorChannel Partner/ Reseller/ DistributorArranged the $351 million refinancing for the eight-property multifamily portfolio originated by ACRE.
• JLL Capital MarketsminorChannel Partner/ Reseller/ DistributorJLL Capital Markets arranged $37.9 million refinancing for Rayzor Ranch provided by ACRE.
• Project DestinedminorStrategic or Co-development PartnerMarch 2023: ACRE and Project Destined launched Bridge Program to introduce underserved communities to careers in multifamily direct lending.
• ARK ResidentialcoreStrategic or Co-development PartnerPartnership with ARK Residential on The Springs at Arcadia development in Myrtle Beach, SC (150 single family homes for rent). Also collaborated on forward purchase contract for Build-to-Rent community.
• Nord DevelopmentmajorStrategic or Co-development PartnerNovember 2025: ACRE with Nord Development broke ground on 262-unit multifamily community in Village of Patchogue, NY.
• Elevation Development PartnersmajorStrategic or Co-development PartnerJoint venture partnership with Elevation Development Partners for The Cove at Covington Town Center - a 350-unit Class A multifamily property in Covington, GA.
• Pier Property GroupmajorStrategic or Co-development PartnerCo-developers ACRE Development and Pier Property Group are constructing 266 multifamily units and 71 townhomes in Chesterfield, Missouri as part of the CRG/Clayco master-planned community called Wildhorse Village.

Scale indicators19 records

Recent moves19 records

Expansion highlights6 records

Direct peers

• Harrison Street: Alternative asset manager focused on real estate investments across multiple niches including multifamily, education, and healthcare. Comparable vertically integrated platform with similar AUM scale and institutional LP base, pursuing thematic real estate strategies.
• Berkshire Residential Investments: Pure-play multifamily investment and asset management firm managing institutional capital across equity and credit strategies. Highly comparable multifamily focus, institutional client base, and vertically integrated investment platform.
• TruAmerica Multifamily: Institutional investment management firm focused exclusively on US multifamily rental housing across value-add and core strategies. Direct competitor for multifamily acquisitions and LP capital in the same target markets.
• Cortland Partners: Vertically integrated multifamily development and management firm that is both an ACRE partner (UK development platform) and a peer. Comparable multifamily development, acquisition, and asset management capabilities across US and international markets.
• DRA Advisors: Real estate investment management firm focused on multifamily, office, and retail. Similar institutional PE real estate platform managing discretionary funds with comparable AUM scale and LP relationships.
• Rialto Capital Management: Real estate investment and asset management firm with strong focus on commercial real estate credit and equity. Highly comparable multifamily credit focus, similar team backgrounds (ACRE has hired from Rialto), and overlapping LP universe.
• Madison Realty Capital: Real estate private equity and debt firm focused on middle-market real estate transactions including debt and equity. Comparable alternative asset management model with significant real estate credit orientation.
• Basis Investment Group: Commercial real estate debt and equity investment manager. ACRE's Head of Capital Markets previously at Basis Investment Group. Similar real estate credit platform with comparable fund structures and securitization capabilities.
• GID Investment Advisers: Vertically integrated real estate investment and operating company with multifamily, office, and mixed-use focus. Comparable institutional platform managing both equity and credit across multiple funds.

Broad incumbents

• Walker & Dunlop: Large commercial real estate finance company with major multifamily capital markets franchise. Serves as capital markets intermediary for ACRE-originated loans. Larger scale, publicly traded, with broader multifamily lending, brokerage, and servicing capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/acremgt

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ACRE