Ares Commercial Real Estate Corp

NYSE : ACRE

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. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt and preferred equity products, mezzanine loans, and other CRE investments, including commercial mortgage-backed securities. It 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 Corporation was incorporated in 2011 and is based in New York, New York.

Information

Sector
Real Estate
Industry
REIT—Mortgage
Type
REIT
Country
United States

Price

USD 6.80

Symbol

ACRE

Type

REIT

Previous Close

:

7.00

52 Week Range

:

6.36 - 11.24

Volume

:

765,400.00

Average Volume

:

588,410.00

High

:

7.02

Low

:

6.72

Change

:

-0.20

Percent change (%)

:

-2.86

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