New York, New York-based Ares Commercial Real Estate Corp (NYSE: ACRE) gained to close at $ 15.86 on Friday after gaining $ 0.01 (0.06%) on volume of 265,577 shares . The stock ranged from a high of $ 15.90 to a low of $ 15.76, while Ares Commercial Real Estate’s market cap now stands at $ 745,448,881.
About Ares Commercial Real Estate Corp
Ares Commercial Real Estate Corporation is a specialized finance company primarily engaged in creating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the Company offers a wide range of flexible and reliable financing solutions to owners and operators of commercial buildings. The Company provides senior mortgages, as well as subordinated finance, mezzanine debt and preferred stock, with an emphasis on providing value-added financing on a variety of properties located in liquid markets across United States. Ares Commercial Real Estate Corporation has been elected and qualified for taxation as a real estate investment trust and is managed externally by a subsidiary of Ares Management Corporation.
Visit the Ares Commercial Real Estate Corp profile for more information.
About the New York Stock Exchange
The New York Stock Exchange is the world’s largest stock exchange in terms of market value with over $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.
To get more information about Ares Commercial Real Estate Corp and keep up with the latest company updates, you can visit the company profile page here: Ares Commercial Real Estate Corp’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer
Besieged Japanese Prime Minister Suga to step down as support wanes
East Coast Reels in Ida’s Wake; at least 46 people died from the storm
South Lake Tahoe residents face severe price hikes as they flee raging wildfires
American Eagle misses second quarter estimates as online sales drop and shoppers return to stores
U.S. District Judge Says Illegal Forcing Asylum Seekers To Wait In Mexico
Broadcom beats fiscal third quarter estimates, raises fourth quarter guidance
Texas abortion law has mixed support among national Republican leaders
50% of small business owners report vacancies