Ares Commercial Real Estate Corporation

NYSE (USD): Ares Commercial Real Estate Corporation (ACRE)

Last Price

7.12

Today's Change

+0.13 (1.85%)

Day's Change

7.02 - 7.18

Trading Volume

329,096

Profile
ACRE

Exchange:  New York Stock Exchange New York Stock Exchange

Currency:  USD USD

Sector:  Real Estate - Real Estate Real Estate - Real Estate

Industry: 

CEO:  Mr. Bryan Patrick Donohoe Mr. Bryan Patrick Donohoe

Full Time Employees:  1,200 1,200

IPO Date:  2012-04-27 2012-04-27

CIK:  0001529377 0001529377

ISIN:  US04013V1089 US04013V1089

CUSIP:  04013V108 04013V108

Beta:  1.50 1.50

Last Dividend:  1.00 1.00

Dcf Diff:  7.44 7.44

Dcf:  0.01 0.01

Description

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. It originates senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was incorporated in 2011 and is based in New York, New York.

Address

245 Park Avenue,
New York, NY 10167, US

212 750 7300

http://www.arescre.com

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