AECOM Capital Real Estate (ACRE) manages private investments in commercial real estate projects, focusing on co-general partner equity opportunities in development and value-add projects in the United States. ACRE partners with local real estate operators to co-develop projects. ACRE does not tailor its investment activities on behalf of any Client to the needs of any individual investor in such Client.
Fee Structure
ACRE indirectly receives compensation from its clients through its interest in the Manager. The Manager receives an asset-based management fee from the Fund that is typically payable quarterly in advance. The general partner of the Fund generally makes capital calls on Fund investors for the amount of the Manager’s management fees and pays the amounts received to the Manager. The Manager also receives similar asset-based management fees from the Co-Investment Vehicles.