Ares Commercial Real Estate Corp

NYSE: acre
$6.32
+$0.02 (+0.3%)
Closing Price on November 5, 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.

acre Articles

Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998). The “5,000”...
24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital. REITs...
We screened our 24/7 Wall St. dividend equity research database, looking for stocks that pay massive dividends, and we found 22 companies that combined can generate over $3000 a year in passive...
We screened our 24/7 Wall St. dividend equity research database, looking for stocks that pay massive dividends, and we found 24 companies that combined can generate over $4000 a year in passive...