United States · Investor

ACRE

Last cheque observed Aug 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $64M, Jul 2023Private equity

GrowthBuyoutMultifamilySingle-family RentalReal Estate

Cheques on record
0%of best year0cheques in 12 months, 4 on record
Since the last cheque3006days00hrs00min00sec
Median round$40MRounds led0 of 4
Pitch ACRE

ACRE highlights

  1. 01

    4 rounds on record

  2. 02

    Mostly Series B and Series C: 100% of its rounds

What they do

ACRE is a vertically integrated, multifamily real estate private equity firm with equity and debt capabilities.From their own website
Type
Private equity
Cheque size
Not stated
Stages
GrowthBuyout
Sectors
MultifamilySingle-family RentalReal Estate
Based in
New York, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first4 appearances

  1. 2018

    2 rounds

  2. Aug
    InariSeries B · US · FinSMEs$40MWith 2 others
  3. Jun
    Evolve BioSystemsSeries C · US · FinSMEs$40MWith 10 others
  4. 2017

    2 rounds

  5. May
    Evolve BioSystemsSeries B · US · FinSMEs$20MWith 4 others
  6. Mar
    Farmer's Business NetworkSeries C · US · FinSMEs$40MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration14 named

DMDaniel M. LevinsonExecutive OfficeriFiling they signed
DPDavid P. AidiExecutive OfficeriFiling they signed
DCDrew C. PhilipsExecutive OfficeriFiling they signed
DCDrew C. PhillipsExecutive OfficeriFiling they signed
IQIvan Q. ZinnManaging Member of the general partner of the General PartneriFiling they signed
JDJosh D. UfbergExecutive OfficeriFiling they signed
LSLeslie Scott MenkesManaging Partner and CCOiForm ADV
MZMatthew Z. RothfleischExecutive OfficeriFiling they signed
MEMichael E. BogdanExecutive OfficeriFiling they signed
MVMichael Van Der PoelManaging PartneriForm ADV
RRRana R. MitraExecutive OfficeriFiling they signed
RSRaymond S. ChanExecutive OfficeriFiling they signed
RMRob M. FlowersExecutive OfficeriFiling they signed
RMRobert M. FlowersExecutive OfficeriFiling they signed

We also hold 50 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$4.7Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
ACRE Manager, LLC
SEC number
CRD 311363

Funds on its Form ADV

4 private funds, $3.1B in gross assets · filed Mar 2024

Real estate 3Private equity 1

  1. ACRE Credit Fund I REIT LLCReal estate120 investors$1.9B
  2. ACRE Credit Fund II REIT LLCReal estate77 investors$733M
  3. ACRE Multifamily IV REIT, LLCPrivate equity56 investors$396M
  4. SRE IV ACRE Holdings L.P.Real estate1 investor$141M

Who they invest alongside

The investors most often in the same rounds as ACRE. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies ACRE put money into.

Quick answers about ACRE

What does ACRE invest in?

ACRE invests most often at Series B and Series C (100% of the rounds on record), in sectors such as Multifamily, Single-family Rental and Real Estate.

How active is ACRE?

4 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2018.

What has ACRE invested in recently?

Its most recent investments on record: Inari (Series B, Aug 2018), Evolve BioSystems (Series C, Jun 2018) and Farmer's Business Network (Series C, Mar 2017).

How big are ACRE's cheques?

The median round it joins is $40M.

Is ACRE investing now?

No investments in the last 12 months; the latest was in Aug 2018.

Who does ACRE invest alongside?

Most often Bow Capital (2 rounds together) and Tate & Lyle (2 rounds together).

What kind of investor is ACRE?

ACRE is a private equity firm based in New York, United States.

How much does ACRE manage?

About $4.7B, as regulatory assets under management (Oct 2026).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it