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The New Mexico State Investment Council has approved a commitment of $100 million to ACORE Credit Partners II (ACP II). ACP II is a commingled fund that invests in real estate debt by originating transitional commercial real estate whole loans for high-quality, well-capitalized operators and private equity sponsors, many of whom are repeat borrowers.
Property Focus: Diversified
Strategy: Debt
Fund Details: The fund employs a debt strategy that aims to focus on commercial, multi-family, hospitality, mixed-use, and industrial properties across the US.