Equity Overview
Price & Market Data
Price: $3.83
Daily Change: +$0.01 / 0.26%
Range: $3.71 - $4.01
Market Cap: $210,102,304
Volume: 392,139
Performance Metrics
1 Week: 6.39%
1 Month: -19.71%
3 Months: -33.39%
6 Months: -41.62%
1 Year: -43.76%
YTD: -34.97%
Company Details
Employees: 3200
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
Ares Commercial Real Estate Corporation, a specialty finance company, engages in originating and investing in commercial real estate (CRE) loans and related investments in the United States. It provides loan opportunities for the owners, operators, and sponsors of CRE properties. The company's investments includes senior mortgage loans, subordinate debt, 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.