NEW YORK, July 12, 2018 /PRNewswire/ -- ACRES Capital Corp., a New York based private investment firm (together with its subsidiaries, "ACRES") that provides debt capital solutions for the commercial real estate industry, is proud to announce that it has recently closed on a strategic investment from two leading global investment firms. The investment provides ACRES with over $500 million of balance sheet lending capacity to invest alongside ACRES' onshore and offshore Funds and several institutional separate accounts. This investment advances ACRES' strategic objective to be the leader in the U.S. transitional loan market. ACRES is on plan to provide $600 million - $800 million in senior financing solutions in 2018.
SOURCE ACRES Capital Corp.