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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)
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Company Description
Ares Commercial Real Estate Corp is a specialty finance company that is primarily focused on directly originating, managing and servicing a diversified portfolio of commercial real estate (CRE) debt-related investments for its own account.