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Key Stock Data
The current last sale of $13.76 is 15.05% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 14.01||$ 14.768|
|Low:||$ 13.64||$ 11.96|
Company Description (as filed with the SEC)
The following description of the business of Ares Commercial Real Estate Corporation should be read in conjunction with the information included elsewhere in this annual report on Form 10-K for the year ended December 31, 2017. We refer to Ares Commercial Real Estate Corporation ("ACRE") together with our subsidiaries as "we," "us," "Company," or "our," unless we specifically state otherwise or the context indicates otherwise. We refer to our manager, Ares Commercial Real Estate Management LLC, as our "Manager" or "ACREM" and the parent company of our Manager, Ares Management, L.P., together with its consolidated subsidiaries, as "Ares Management." GENERAL We are a specialty finance company primarily engaged in originating and investing in commercial real estate ("CRE") loans and related investments. We are externally managed by ACREM, a subsidiary of Ares Management, L.P. ... More ...