New York City

Our Firm

One of the largest-scale and most active private debt lenders, exclusively focused on transitional commercial real estate.

Specialists in structuring competitive, customized financing solutions for large, complex transactions.

Platform Overview



20 originations professionals in NYC, LA, SF and Dallas.

21 in-house asset management professionals in Dallas and NYC.

11 credit professionals in SF, NYC and LA.

New York City

New York City

18 professionals

Los Angeles

Los Angeles

15 professionals

San Francisco

San Francisco

19 professionals



27 professionals

  • $13.2 Billion of AUM in real estate credit strategies1
  • 20-person US origination team led by Warren de Haan, Managing Partner, Head of Originations, with 3 regional managers: Kyle Jeffers-Western US, Tony Fineman-Eastern US, Lance Wright-Central US
  • 185+ transactions totaling over $13 Billion since inception2
  • $30–$300+ Million transaction size
Managing Partners have worked together for over 20 years

While working together, the partners have originated

$50+ Billion

of commercial real estate loans over their careers

  • Warren de Haan Head of Originations
  • Boyd Fellows Co-Head of Capital Markets and Operations
  • Chris Tokarski Head of Credit
  • Stew Ward Co-Head of Capital Markets and Operations

Featured Transaction

ACORE in the News

“Among a handful of people we would think are best practitioners in the bridge space, ACORE has a senior established team that does what they say they’re going to do. They’re flexible, creative and can price at market. They really haven’t been around for very long and have had extensive success from a volume perspective. It’s an experienced team. The name is new, but the execution is not.”
Trey Morsbach, HFF


1 “Assets under management” are comprised of a number of components, including certain subordinate debt investments and capital commitments related thereto, a whole loan facility commitment, and certain other whole loan investments and senior debt investments. Certain assets under management are managed on a non-discretionary basis for an institutional investor, while others are managed on a discretionary basis for other institutional investors. Figures include both funded and committed unfunded amounts, as of 1.31.19.
2As of July 31, 2018, represents investment activity from ACORE’s inception of May 2015 and includes loans that were acquired, have term sheets signed, are credit committee approved and/or are funded. Signed term sheets are subject to change and may not be consummated. Figure presented includes approximately $1.3 billion in loans where term sheets are signed but the loans are not closed. Includes future funding amounts.