Daily Stock Analysis, ACRE, Ares Commercial Real Estate Corp, priceseries

Ares Commercial Real Estate Corp. Daily Stock Analysis
Stock Information
Open
12.50
Close
12.65
High
12.69
Low
12.50
Previous Close
12.54
Daily Price Gain
0.11
YTD High
13.27
YTD High Date
Jan 24, 2018
YTD Low
11.96
YTD Low Date
Feb 12, 2018
YTD Price Change
-0.14
YTD Gain
-1.09%
52 Week High
13.72
52 Week High Date
Oct 16, 2017
52 Week Low
11.75
52 Week Low Date
Mar 10, 2017
52 Week Price Change
-0.07
52 Week Gain
-0.55%
Company Information
Stock Symbol
ACRE
Exchange
NYSE
Company URL
http://www.arescre.com
Company Phone
212.515.3400
CEO
Robert L. Rosen
Headquarters
New York
Business Address
245 PARK AVENUE, 42ND FLOOR, NEW YORK, NY 10167
Sector
Equity
Industry Category
Real Estate
Industry Group
REIT - Diversified
CIK
0001529377
About

Ares Commercial Real Estate Corp. acts as Private Equity Fund. The company was founded in 1997 and Michael J. Arougheti and is headquartered in Atlanta, GA.

Description

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. It provides a range of financing solutions for commercial real estate owners and operators. The company originates senior mortgage loans, as well as subordinate financings, mezzanine debt, and preferred equity. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes under the Internal Revenue Code of 1986. As a REIT, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.