Subscribe to the CrunchBase Daily
for the latest on Fundings, Acquisitions, and Startup Events
Chairman of the Board & Director
|Debt, 9/2013 ||$37M|
Ares Commercial Real Estate Corporation
Ares Commercial Real Estate Corporation is a specialty finance company that originates, invests in and manages middle-market commercial real estate loans and other commercial real estate investments. Through its national direct origination platform, Ares Commercial Real Estate Corporation provides flexible financing solutions for middle market borrowers. Ares Commercial Real Estate Corporation intends to elect to be taxed as a real estate investment trust and is externally managed by an affiliate of Ares Management LLC, a global alternative asset manager with approximately $66 billion in committed capital under management as of June 30, 2013 and pro forma for the AREA Property Partners acquisition which closed on July 1, 2013. For more information, please visit ACRE’s website at arescre.com.
Ares Commercial Real Estate Corporation Closes $37 Million Mezzanine Loan on Downtown Chicago Property (businesswire.com)