Ares Commercial Real Estate Corporation (ACRE) - NYSE
  • Jun. 17, 2013, 4:37 PM

    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)

    | Jun. 17, 2013, 4:37 PM
Company Description
Ares Commercial Real Estate Corp a real estate investment trust, invests in middle-market commercial real estate properties located in the US. The fund provides financing for acquisitions, recapitalizations and restructuring in the form of senior loans, bridge loans, subordinated mortgages,... More
Sector: Financial
Industry: Real Estate Development
Country: United States