By NEREJ
CORE closed its Kliner Industries acquisition investment vehicle in December 2025 with a 28.4% internal rate of return (IRR).
“We’re extremely proud of this outcome for our investors and partners,” said Josh Soley, president of CORE. “When we first launched the CORE Acquisitions division, we knew we were forging new ground in the industry. We were introducing a new institutional model to Maine, bringing in local investors, using local assets, and setting out to deliver outcomes that were simply unheard of in this market. It’s gratifying to have not only hit but surpassed these goals.”
CORE’s Acquisitions division officially launched in July 2024. It set out to reduce the barrier to entry to a wide array of local investors interested in diversifying their portfolios by entering the commercial real estate market. By leveraging its own in-house team of management, development, brokerage, underwriting, and risk assessment experts, CORE offered investors and partners an innovative opportunity to deliver competitive yield and fee structures.