Ares Commercial Real Estate traded at $3.87 this Thursday October 1st, increasing $0.03 or 0.78 percent since the previous trading session. Looking back, over the last four weeks, Ares Commercial Real Estate gained 14.95 percent. Over the last 12 months, its price fell by 15.87 percent. Looking ahead, we forecast Ares Commercial Real Estate to be priced at 3.79 by the end of this quarter and at 3.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ares Commercial Real Estate Corporation is a specialty finance company. The Company is primarily engaged in originating and investing in commercial real estate loans and related investments. The Company operates through an operating segment primarily focused on directly originating and managing a diversified portfolio of commercial real estate (CRE) debt-related investments for the Company’s own account. The Company’s investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investments, including commercial mortgage-backed securities. These investments are generally held for investment and are secured, directly or indirectly, by office, multifamily, retail, industrial, lodging, senior-living, self-storage, student housing, residential and other commercial real estate properties, or by ownership interests therein. The Company’s portfolio is managed by Ares Commercial Real Estate Management LLC (the Manager).