Acacia Network
Bronx, NY 1,001–5,000 employees 20 principals
Last updated by Zailyn
About Acacia Network
Acacia Network is a real estate operator headquartered in Bronx, NY. Acacia Network operates in New York City, New York. Its investment focus is on Affordable Housing, LIHTC and Senior Housing.
Acacia Real Estate Development (ARED) operates within Acacia Network, a nonprofit founded in 1969 with over 50 years of service. The broader network comprises more than 100 affiliates, employs over 2,700 staff, and serves over 150,000 individuals annually. ARED’s affordable housing portfolio includes over 4,400 total units—1,800 developed as sole developer and more than 2,200 in joint ventures. Current development projects include rehabilitation of 1,321 units across Palmetto Gardens, Bushwick II, and Hope Gardens in Brooklyn (NYCHA’s NextGeneration plan). Sendero Verde in East Harlem is a mixed‑use affordable housing project featuring 708 units alongside community, educational, social services, and gardens. Acacia also developed La Plaza de Virginia in Buffalo, NY with 46 units for seniors (55+)—financing closed in December 2020 and construction began early 2021. In Puerto Rico, ARED’s Palacio Dorado serves seniors 62+, earned an ENERGY STAR score of 100 in September 2020, and is pursuing CDBG‑DR funding for solar and HVAC upgrades.
Principals at Acacia Network
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