| Market Capitalization (Millions $) |
258 |
| Shares
Outstanding (Millions) |
56 |
| Employees |
4,250 |
| Revenues (TTM) (Millions $) |
55 |
| Net Income (TTM) (Millions $) |
-4 |
| Cash Flow (TTM) (Millions $) |
40 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Ares Commercial Real Estate Corporation (ACRE) is a publicly traded commercial real estate investment trust (REIT) that primarily focuses on originating and investing in a diverse portfolio of commercial real estate debt and other related investments. The company is headquartered in New York City and was founded in 2011.
ACRE specializes in providing flexible and innovative financing solutions to commercial real estate owners and operators. Its portfolio is diversified across different property types, including multi-family, office, retail, hotel, and industrial properties. ACR also invests in various mortgage-backed securities and other real estate-related investments.
The companyes investment strategy is focused on generating attractive risk-adjusted returns through a combination of current income and capital appreciation. ACREes team of experienced real estate investment professionals brings a breadth of knowledge and expertise to the table, allowing the company to identify and pursue the most attractive opportunities in the market.
One of the unique features of ACRE is its ability to offer customized financing solutions to its clients. The company has a range of different lending products, including first mortgages, bridge loans, and mezzanine debt, that can be tailored to meet the specific needs of its borrowers.
ACRE has a strong track record of delivering consistent and reliable returns to its shareholders. As of December 31, 2020, the company had a portfolio of investments with a fair value of approximately $2.2 billion and a net asset value of $1.1 billion. Its dividend yield has remained relatively stable over the past few years, with a current yield of around3%.
In summary, Ares Commercial Real Estate Corporation is a well-established commercial real estate investment trust that offers a range of financing solutions to the market. Its diversified portfolio and experienced team enable the company to deliver consistent and attractive returns to its shareholders.
Company Address: 245 Park Avenue New York 10167 NY
Company Phone Number: 750-7300 Stock Exchange / Ticker: NYSE ACRE
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