Street research for Ares Commercial Real Estate expected on May 22


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Street research for Ares Commercial Real Estate, an Ares-managed REIT focused on middle-market commercial real estate loans, is expected to be released on 5/22/12. On 4/25/12, the company raised $142.5 million by offering 7,700,000 shares at $18.50, below the range of $19.00 to $20.00. Wells Fargo Securities, Citi, BofA Merrill Lynch and J.P. Morgan acted as joint bookrunners on the deal.

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This article appears in: Investing , IPOs

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