New York, NY – Macallan Capital Partners, a leading real estate investment banking firm based in New York, NY is proud to announce a strategic joint venture with Acrisure, a global fintech leader empowering millions of businesses and individuals globally with solutions across insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and more. This partnership aims to combine Macallan’s expertise in real estate with Acrisure’s innovative insurance solutions to deliver unparalleled value to clients and stakeholders.
The partnership leverages Acrisure’s total client solutions and broad international network to support Macallan’s clients. Acrisure serves over 35,000 clients across real estate and multifamily companies of all sizes. The company’s dedicated team of industry experts helps Real Estate Developers and Contractors navigate specific challenges while supporting innovative projects through integrated risk management solutions. Combining the strengths of both organizations, this partnership aims to transform industry standards and unlock new avenues for growth.
Based in Grand Rapids, Michigan, Acrisure is recognized as the fastest-growing insurance broker in industry history and is nationally ranked among the top 10 brokers. “Because of its size and market share, we feel that this joint venture with Acrisure will provide the best coverage available to our clients,” said Laurent Ronald Gray, CEO of Macallan Capital Partners. The Acrisure team includes industry experts in each line of insurance needed for upcoming real estate projects as well as maximizing coverage and savings for Macallan clients through careful review of existing projects.
Michael Iannaconi, Senior Vice President of Acrisure’s East Division, added, “We see this partnership as a powerful opportunity to leverage the strengths of both companies to address the challenges and opportunities in today’s real estate market.”
The partnership will focus on current and upcoming projects in Macallan’s national portfolio, serving clients from offices in New York, New Jersey, and Massachusetts and a presence in California, Texas, and South Carolina. Recent projects include:
- $71 million raise for I-Drive Developments LLC and Trinity Development Partners to develop and build 7800 SF of Retail space with 274 multi-family rental apartments and 50 Townhouse rental units in Orlando, Florida.
- $34.5 million capital raise for the upcoming mixed use residential project for 359 Main Street, Hackensack, New Jersey led by Macallan CEO, Laurent Ronald Gray and Partner, Marco Howington.
For more information, please contact:
Emily Schmitt
Executive Assistant
eschmitt@macallancap.com