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Ares Commercial Real Estate Corporation Lists IPO

04/26/2012


Ares Commercial Real Estate Corporation (NYSE-Listed ACRE) visits the NYSE to celebrate the company’s completion of its initial public offering and first day of trading.  Ares Commercial Real Estate will begin trading on the NYSE today under the ticker symbol “ACRE.” In honor of the occasion, Chairman Michael J. Arougheti and CEO John B. Bartling, Jr. rings The Opening BellSM.

 Watch the video of the ringing.

About Ares Commercial Real Estate Corporation:
Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance company that originates, invests in and manages middle-market commercial real estate loans and other commercial real estate investments.  Through its national direct origination platform, Ares Commercial Real Estate provides flexible financing solutions for middle market borrowers.  Ares Commercial Real Estate intends to elect to be taxed as a real estate investment trust and is externally managed by an affiliate of Ares Management LLC, a global alternative asset manager that had approximately $46 billion in committed capital under management as of December 31, 2011.  (Source: Ares Commercial Real Estate Corporation)