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.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , IPOs

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