ACRE provided bridge financing on this best-in-class, Class-A multifamily property totaling 387 units in Midtown Miami. The property is surrounded by the city’s strongest submarkets, Edgewater, Wynnwood Arts District and the Miami Design District, and features unparalleled features and amenities as well as ground floor retail in an energetic and walkable urban area.
Located in the city of Miami along the picturesque Biscayne Bay, ACRE is developing a 432-unit luxury multifamily community. The project is being built in two phases. Phase I features 236 completed units at Adela at Mimo Bay. In conjuction with an institutional joint venture partner, ACRE is developing an adjacent phase which will add 248 units and is expected to be completed in Q1 2024.
This 28-story multifamily rental property features 30 owner-occupied condos. It’s situated in Raleigh-Durham, one of the most sought-after places to live and work in the US. Known as a rising technology hub and established life sciences center, Raleigh-Durham is home to SAS, Red Hat, and Bayer CropScience.
Purchased in Q1 2020, Uptown at Liberty Park is a recently built luxury Class A midrise comprised of 320 units. The property is located in Cape Coral , which is part of the Cape Coral - Fort Myers MSA. The location offers convenient proximity and access to supporting retail as well as all major job centers in the MSA.
Purchased in Q1 2020, Midtown at Cape Coral is a recently built luxury Class A midrise comprised of 90 units. The property is located in Cape Coral , which is part of the Cape Coral - Fort Myers MSA. The location offers convenient proximity and access to supporting retail as well as all major job centers in the MSA.
Verso is a 250-unit, class-A luxury multifamily apartment community located in Davenport, FL. The $41,750,000 million loan was used to fund a joint venture between TTI Capital and Viking Properties to acquire the property.
Carrington Park is a 330-unit garden-style multifamily community located less than two miles from the I-75/I-675 interchange. The convenient exposure to Atlanta’s interstate network provides excellent access to the metropolitan area and its major employers.
Navara is a class-A, 5-story multifamily development in downtown Tampa, FL. The property is located within an Opportunity Zone, allowing investors to benefit from related tax incentives.
Built in 1927 and gut-renovated from 2017 to 2019, the property has 294 units and is located in the downtown central business district. City Club Cincinnati is located in Cincinnati, one of the largest cities in the state. Several Fortune 500 companies are headquartered downtown including Kroger, Fifth Third Bank, and Procter & Gamble.
The Cove at Covington Town Center is a joint venture partnership with Elevation Development Partners to construct a 350-unit class A multifamily property located in the city of Covington, approximately 35 miles east of downtown Atlanta. The development is located in Covington Town Center, a budding mixed use development that includes a Publix grocery store, retail and hospitality, and will be the