Ares Commercial Real Estate (ACRE) announces an 18M share public offering the funds from which...

|About: Ares Commercial Real Estate... (ACRE)|By:, SA News Editor

Ares Commercial Real Estate (ACRE) announces an 18M share public offering the funds from which will go towards investments, debt repayment, the funding of existing loans, and general corporate purposes. Underwriters will have an option on up to 2.7M additional shares. Shares -3.95% AH. (PR)