Ares Commercial Real Estate Corp

NYSE: acre
$6.79
+$0.04 (+0.6%)
Closing Price on October 4, 2024

acre Stock Chart and Intraday Price

acre Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE INVESTMENT TRUSTS
Address 245 PARK AVENUE, 42ND FLOOR, NEW YORK, NY, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 422.32M USD
Shares Outstanding 54,423,000
Ares Commercial Real Estate Corp specializes in financing solutions for commercial real estate (CRE) across the United States. With a focus on originating loans and investing in CRE assets, it offers a variety of financial products including senior mortgage loans, subordinate financing, and mezzanine loans. The company also deals in commercial mortgage-backed securities and has chosen to operate as a real estate investment trust (REIT), benefiting from certain tax advantages. Founded in 2011, Ares is headquartered in New York, New York.

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