Headquartered in New York, NY·Fiscal year ends December·NYSE: ACRE·arescre.com
About ACRE
Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance company primarily engaged in directly originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the company provides flexible financing solutions for commercial real estate owners and operators, investing in whole and co-invested senior mortgage loans, subordinate financings, mezzanine debt, and preferred equity across a variety of property types including multifamily, industrial, office, self storage, hotel, and retail properties located in liquid markets across the United States. The company has elected and qualifies as a real estate investment trust (REIT) and is externally managed by a subsidiary of Ares Management Corporation, a global alternative investment manager with approximately $671 billion in assets under management. ACRE's portfolio totals approximately $1.9 billion comprising loans held for investment and two REO properties, with active efforts to reduce legacy office exposure and resolve underperforming assets while growing its loan origination activity through co-investments alongside other Ares-managed funds. Updated
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” represents…
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…
Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance company primarily engaged in directly originating and investing in commercial real estate loans and related investments.
What is the ACRE stock price target?
The Wall Street consensus 12-month price target for ACRE is $5.30.